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Wed 05 May 2009Price cuts show consumers getting raw deal for years

ANALYSIS:THE TESCO executives who gathered at one of the retailer’s large stores outside Drogheda yesterday morning could have been forgiven for silently cursing the curmudgeonly reaction of the assembled journalists to what had been billed as the biggest shake-up in the Irish grocery sector for more than a generation.

It quickly became clear that Tesco Ireland chief executive Tony Keohane and the media weren’t on the same page when it came to discussing the impact its major stock restructuring will have. He wanted to talk about the savings shoppers in 11 northeastern towns will enjoy but the questions focused on what brands will be available and the shake-up’s effect on suppliers, producers and ultimately, jobs.

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