Tesco and Carrefour to sever partnership after three years
Global grocery giants Tesco and Carrefour have decided to end their buying partnership, that was meant to lower prices and offer greater product choice for consumers, after just three years.
The two grocery powerhouses struck a purchasing agreement in 2018, which was expected to strengthen both retailer’s supplier partnerships, extend the reach of own-brand products and slash prices on other products due to combined buying power.
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