LONDON – Suppliers to Tesco can expect a better deal from Britain's biggest supermarket chain as it tries to sustain a tentative revival — providing their wares survive a cull that is removing thousands of products from shelves.
Last week Tesco enjoyed the first fruits of a radical shake-up of its 3,000 British suppliers as new deals and changes to product ranges helped to feed price reductions that drove better than expected quarterly sales.
Chief Executive Dave Lewis faces a tough battle to rebuild trust with suppliers shattered by a 263 million pound ($414 million) accounting scandal last year.
To read the rest of the story, please go to: Reuters
