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Tesco PLC (LON:TSCO) and WM Morrison Supermarkets PLC (LON:MRW) sales growth continued to outpace the rest of the UK’s so-called ‘big four’ supermarkets in the 12 weeks to March 25, according to indus.
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Analysts at Swiss investment bank UBS have upgraded FTSE 100 supermarket WM Morrison Supermarkets PLC (LON:MRW) to ‘buy’ from ’neutral’ as a slowdown in the expansion of discount retailers eased compe.
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