Tesco accused of undercutting local shops via its wholesale business
Independent shopkeepers say prices they pay at supermarket’s cash-and-carry arm Booker are often higher than in Tesco storesVillage shopkeepers say Tesco is consistently undercutting them by selling products for less in its stores than via its wholesale business Booker, stoking concerns about the power of the UK’s biggest supermarket chain.Tesco, which has 27% of the UK grocery market, bought the cash-and-carry group in 2017 for £3.7bn, promising that the deal would benefit shoppers and independent retailers. Continue reading...
Independent shopkeepers say prices they pay at supermarket’s cash-and-carry arm Booker are often higher than in Tesco stores
Village shopkeepers say Tesco is consistently undercutting them by selling products for less in its stores than via its wholesale business Booker, stoking concerns about the power of the UK’s biggest supermarket chain.
Tesco, which has 27% of the UK grocery market, bought the cash-and-carry group in 2017 for £3.7bn, promising that the deal would benefit shoppers and independent retailers. Continue reading...
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