Tesco's Wholesale Division Allegedly Undercutting Local Shops Sparks Controversy

Monday, 22 April 2024, 07:00

Allegations have surfaced claiming that Tesco is engaging in unfair competition practices by selling products at lower prices in its stores compared to its wholesale arm, Booker, negatively impacting small independent retailers. With 27% market share, Tesco's actions have raised concerns about the dominance of the UK's largest supermarket chain in the retail landscape. The controversy highlights the challenges faced by small businesses in competing with retail giants like Tesco.
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Tesco's Wholesale Division Allegedly Undercutting Local Shops Sparks Controversy

Tesco Accused of Undercutting Local Shops

Independent shopkeepers voice concerns over Tesco's pricing strategy.

Background

  • Tesco purchased Booker in 2017 for £3.7bn.
  • Promise of benefits to shoppers and retailers.

Controversy: Village retailers report higher prices at Booker compared to Tesco stores.

Impact

  1. High: Allegations raise concerns over unfair competition practices.
  2. Low: Calls for greater scrutiny on retail market dynamics.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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