Quote:
Originally Posted by denphone
Not a great lover of Tesco but l am glad they stood up to Unilever as if Tesco give in then who will be next.
|
I'm sure they'll come to an agreement. I'm taking no sides; Unilever have seen revenues drop due to the Pound tanking and don't want to bear the costs, Tesco don't want to lose market share by charging more or lose profit margin by sucking up the increased prices Unilever is asking.
Chances are they'll strike a deal somewhere in between and the price on the shelf will have to go up. This isn't Tesco nobly standing up to big, bad Unilever. Tesco have a history of treating suppliers, especially smaller ones without the strength of Unilever, like something they just trod in. I'm sure Unilever do much the same where they can with retailers.