Sunday, 1 October 2023

Tesco locks down 1,000 prices in run up to Christmas and beyond

Tesco is locking more than a thousand prices, price cuts on 100s of products and Aldi price-match on hundreds more delivers great value for customers.

Tesco is locking the price of over a 1,000 everyday products until next year (2024) as part of its plan to deliver great value for customers.

With consumers still facing the cost-of-living squeeze, Tesco's unveiled a price lock on a range of popular products until the new year. It sits with recent price cuts to hundreds of products and Tesco price-matching Aldi on hundreds of other products.

Among the 1,000-plus everyday items to have their price locked as part of the latest round of Low Everyday Prices are Typhoo One Cup teabags, Jacobs’ Cream Crackers and Aquafresh Freshmint Toothpaste.

Tesco UK CEO, Jason Tarry, said the latest round of Low Everyday Prices would help customers manage their household budgets as they go forward into the Christmas period.

He said: “We know this has been a year of careful budgeting for shoppers, with customers wanting to ensure they're getting great value on their shop.”

He added: “By locking over 1,000 prices, our customers know exactly how much they'll be paying for those items today, at Halloween, at Christmas, and into 2024.”

But locking over 1,000 prices is just one way in which Tesco's committing to deliver great value for Britain’s shoppers. The supermarket is also passing on savings to customers wherever it sees opportunities to do so, and is matching over 600 staple products to Aldi on a weekly basis.

Since announcing price cuts to 500 lines last June, Tesco's continued to reduce prices every week since, with hundreds more products now reduced in price. Some of the products to have recently seen their prices cut include Andrex Toilet Tissue (reduced 9%), Free From white bread rolls (reduced by 14%) and Pitted black olives (reduced 8%). 

Jason Tarry went on to say: “Food inflation is still with us, but by cutting prices wherever we can, and by locking others to give customers certainty in their budgets, we are able to provide great value to our shoppers. When you combine that with the over 8,000 Clubcard Prices deals each week, there are thousands of reasons to shop at Tesco.”

www.tesco.com

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