Supermarkets team up in search for improved profits
Supermarkets team up in search for improved profits

Supermarkets team up in search for improved profits

FT News in Focus


04.07.2018 • 5 Min.

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 Hosted on Acast. See acast.com/privacy for more information.