Tesco this week claimed it wanted to “regenerate” its relationship with suppliers, with a strategy that looks set to cut the number of SKUs on sale in stores. Meanwhile, speculation emerged Brazilian private-equity firm and Heinz co-owner 3G Capital is looking at further acquisitions in the food industry.
In the spotlight: What impact will Tesco’s new strategy have on suppliers?
Contained in Tesco’s trading update yesterday (8 January) were some key strategic initiatives that will have a profound impact on the companies that supply the UK’s largest retailer.
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