A report from the Financial Times has suggested that suppliers are providing free finance to fuel growth at Tesco and Asda.
The report alleged they get credit from their suppliers to a much greater extent than close rivals in the US or elsewhere in Europe - to the tune of £2.2bn in the past five years at Tesco and £700 million at Asda. A Tesco spokesman insisted Tesco has a good record of payment on time and that its terms are always agreed with suppliers.
Two tech firms have joined forces to help cut convenience-store-customer grocery-bills and reduce food waste
Global campaign kicks off in mainland China, Taiwan and Hong Kong with digital and in-store activations and Kung Fu Panda packaging
Latest Worldpanel by Kantar data also reveals fruit is increasingly popular as a snack
Government initiative hopes to find solutions for the conservation of water
Paddie Allen hired to head up the company’s UK air freight operations
IGD is carrying out ongoing work into how to encourage healthier diets
No comments yet