retail news in context, analysis with attitude

• In the UK, the Independent reports that Tesco has engaged a new “pay day” strategy, launching “a raft of offers targeting shoppers at the time they have the most cash in the bank, at the end of the month.” The story suggests that Tesco is responding to research done as part of its full ownership of a personal finance venture that it acquired from RBS, which has given it insight into how and when people are spending their money.
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