Tesco boss Lewis warns of ‘challenging’ October Brexit

Jacks Dave Lewis 2

Tesco boss Dave Lewis has warned that leaving the EU in October would be “much more challenging” for retailers than the previously planned March Brexit.

Lewis cautioned that shortages in “sheer physical capacity” in their warehouses heading into the golden quarter would limit grocery retailers’ ability to stockpile products.

Tesco previously stockpiled goods in “long-life” categories, such as tinned products, rice and pasta, ahead of the UK’s original Brexit date on March 29, 2019.

But after failing to strike an exit deal with Brussels, outgoing prime minister Theresa May agreed to delay the UK’s departure from the EU until October 31.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.