Tesco to launch new discount chain next week

Supermarket to take on Aldi and Lidl with cut-price brand reportedly to be named Jack’s Tesco will unveil its new discount chain next week as the UK’s biggest supermarket throws down the gauntlet to the German discounters Aldi and Lidl.The first of the stores, which some analysts suggested could be called Jack’s after the Tesco founder, Jack Cohen, will be unveiled by the supermarket’s chief executive, Dave Lewis, in Chatteris, Cambridgeshire, on Wednesday. Continue readi