Feb 9, 2021
Investor group calls for Tesco healthy food plan
A group of investors is trying to pressure Tesco, the UK's largest supermarket into selling healthier food and drink amid a growing obesity problem. If the investor group is successful, it will force Tesco to reveal more about the share of sales it makes on healthier food, and publish annual updates on how well it is improving that share. The investors says rivals Sainsbury's and Marks & Spencer have made similar commitments to selling healthier food and that Tesco, with just under 27% market share, should follow suit. "Ignacio Vazquez, Senior Manager at ShareAction, said:"As the UK's largest food retailer, Tesco's actions are of systemic importance in tackling obesity. "A Tesco spokesperson said:"We are working hard to make it easy for our customers to make healthy choices, and we have set very clear targets on health and sustainability, published in our Little Helps Plan.
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