Supermarkets team up in search for improved profits
FT News in Focus
English - July 04, 2018 04:00 - 5 minutes - 7.11 MB - ★★★★ - 133 ratingsNews Commentary News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Two of Europe’s biggest supermarkets, Carrefour in France and Tesco in the UK have agreed to team up to purchase supplies, hoping their combined purchasing power will enable them to win better deals from suppliers and beat off competitors. Vanessa Houlder discusses the pressures the supermarkets are facing in their search for profitability with the FT’s Harriet Agnew and Jonathan Eley
Read more on the Tesco-Carrefour deal here
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