Jul 3, 2020
Tesco demands supplier price cuts in discount battle
Tesco has reportedly asked suppliers to agree price cuts as it steps up its battle with budget supermarkets. A Tesco spokesperson said: "We are committed to open, fair and transparent partnerships with all of our suppliers." Tesco has given suppliers a deadline of 10 July to agree, according to the Grocer. Tesco launched its "Aldi price match" promise in March, where products including fresh and freezer food are matched against those offered at the budget supermarket. "A Tesco spokesperson told BBC News:"We have been speaking to suppliers about how we can work together to continue giving our customers great value.
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