By Luke Tugby2019-08-12T06:37:00
Tesco is quietly building support from rival retailers for the introduction of an online sales tax.
The supermarket giant’s chief financial officer Alan Stewart has written to bosses of its bricks-and-mortar competitors to sound out appetite for the new levy.
Tesco supremo Dave Lewis wants the government to slash business rates by 20% and make up the shortfall with a 2% tax on all online sales in a bid to level the playing field between traditional retailers and ecommerce giants such as Amazon.
According to the Press Association, Stewart has sent the letter drumming up support to at least three other major supermarkets. Leaders of non-food retailers are also understood to have received the note.
Please sign in now if you have a subscription or are already registered with us.
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:
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.