Tesco demands supplier price cuts in discount battle
Image copyright PA Media
Tesco has reportedly asked suppliers to agree price cuts as it steps up its battle with budget supermarkets.
The move is part of its shift to an “everyday low pricing strategy”, which will see it use fewer promotions.
A Tesco spokesperson said: “We are committed to open, fair and transparent partnerships with all of our suppliers.”
Tesco has given suppliers a deadline…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.