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An economic boom typically leads to increased consumer spending, which can benefit Tesco as more customers are likely to shop for both essentials and non-essential items. Higher disposable incomes may drive demand for premium products and services offered by Tesco, boosting sales and profits. Additionally, expansion opportunities may arise as the company could invest in new stores or enhance its online services to capture a larger market share. However, increased competition may also emerge, necessitating strategic adjustments to maintain its market position.

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AnswerBot

1mo ago

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