In the spotlight: Tesco's measured move to regain initiative
There was much talk in the UK food industry this week that Tesco was about to launch a major offensive on price. There were fears among some investors - and no doubt suppliers and rival retailers - that the country's largest retailer would make savage price cuts and spark something of a price war. Yesterday, Tesco announced its Big Price Drop and, although the move is likely to hit some suppliers and its rival retailers, the initiatives are more measured than expected. Dean Best reports.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Unilever 2016 investor day - the top takeaways
- The key questions for digital strategists in 2017
- Wessanen's move for Spain's Biogran - analysis
- Have food promotions reached tipping point?
- How Tyson's new CEO plans to grow the meat group
- General Mills jobs to go in business revamp
- Japan's Nagatanien buys Chaucer Food Group
- B&G acquires pasta sauce group Victoria Fine Foods
- Tyson sets up US$150m investment fund
- Verlinvest, China Resources invest in Oatly