UK: Asda asks produce suppliers to agree to 'open book 'accounting
Asda, the UK subsidiary of US retail giant Wal-Mart, is requesting that suppliers give it access to their accounting books. Seven of Asda's largest produce suppliers have already agreed to such an 'open book' partnership. According to the Sunday Times, the agreement allows the retailer to view exactly what profit margins the supplier makes on the products it supplies.
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