UK: Tesco turns to grey market for "back to school" bargains
Grocery behemoth Tesco is exploiting the "grey market" in a bid to corner the school wear market, slashing prices of its "back to school" clothes range by up to 35%. Tesco currently controls a small 2.7% of the £2.5bn (US$3.6bn) market, but earlier this year a team was established to source products for the line at the lowest possible prices.
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.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- General Mills sales woes continue - analysis
- Comment: Meal kits in US - don't believe the hype
- Why personalisation will take-off in US food
- US food next wave on display at Winter Fancy Food
- Analysis: Chocolate sector's deforestation pledge
- UK own-label firm Park Cakes sold in MBO
- Kraft Heinz cuts jobs in US, Canada
- Unilever 'lining up spreads sale'
- Immigration crackdown "risk" for US dairy industry
- Fonterra cuts earnings forecast