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 Tesco and Unilever go to war |
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 Oct 12 2016, 08:44 PM
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#1
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 Queen of Soon
Joined: 24 May 2007
Posts: 74,053 User: 3,474 
      
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http://www.bbc.co.uk/news/business-37637954
Tesco have started to 'run out' of many big brand names after a dispute with multinational conglomerate Unilever. Unilever make products as diverse as Pot Noodles, Ben & Jerry's, Marmite, Surf and Comfort. Sources are indicating to the FT that Tesco are physically pulling the items from their shelves rather than allowing stock to run out. (no perishables so this is possible) Rumours are that the dispute relates to Unilever demanding a 10% increase in prices across the board due to the Brexit induced Sterling plunge. Indications are that this is not the only supermarket that is in dispute with Unilever and Sainsbury's are expecting food prices across the board to start rising as supermarkets cannot absorb the cost. |
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Oct 12 2016, 08:54 PM
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#2
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 WINTER IS COMING
Joined: 7 March 2006
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Aye this is only the beginning. Guess the issue is, nobody wants to pass the extra cost on to the consumer, but it's going to happen across all the major supermarkets as everything is costing so much more to buy. Most big companies will have budgeted this year for the currency fall happening, so it must be much worse than I thought if stuff is already got to the point where items are not going on shelves.. Once the big food manufacturing factor in 2017 targets, it's going to be carnage. Of course, this isn't the fault of Brexit at all..
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Oct 12 2016, 09:01 PM
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#3
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 BuzzJack Legend
Joined: 15 March 2006
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Aw I hope little things like this make the public realise how retarded they were to vote leave.
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Oct 12 2016, 09:29 PM
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#4
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Howdy, disco citizens
Joined: 16 January 2010
Posts: 12,775 User: 10,455
  
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Two massive corporate conglomerates playing a massive game of chicken (Pot Noodle) with each other until one of them blinks, probably costing them millions of pounds in the process. Jeremy Corbyn, and other "enemies of capitalism" must be thrilled.
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Oct 13 2016, 10:41 AM
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#5
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 not 152chris (☻‿☻)
Joined: 2 February 2007
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mess
need ma pot noodles |
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Oct 13 2016, 09:08 PM
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#6
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Infamy Infamy they all got it in for me
Joined: 5 March 2006
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Not stocking any PG Tips tea, how dare they, call the Police. Monkey is not amused.
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Oct 13 2016, 09:09 PM
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#7
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Buffy/Charmed
Joined: 18 April 2013
Posts: 44,007 User: 18,639
   
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Brexiters were absolutely retardes breathing in the scummy headlines of Murdoch press. They will see how retarded their decision was soon enough then.
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Oct 13 2016, 09:20 PM
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#8
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Howdy, disco citizens
Joined: 16 January 2010
Posts: 12,775 User: 10,455
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QUOTE(skankhunt42 @ Oct 13 2016, 10:09 PM)  Brexiters were absolutely retardes breathing in the scummy headlines of Murdoch press. They will see how retarded their decision was soon enough then. Hmm... |
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Oct 13 2016, 09:24 PM
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#9
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Queen of Soon
Joined: 24 May 2007
Posts: 74,053 User: 3,474
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The dispute has now been resolved. Unilever gave a little way so I would imagine that we will see prices rise but not quite by 10%.
Asda have publicly confirmed they have successfully agreed a deal with Unilever also. |
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Oct 13 2016, 09:25 PM
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#10
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Howdy, disco citizens
Joined: 16 January 2010
Posts: 12,775 User: 10,455
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It seems as if Tesco & Unilever have settled their dispute. Although I doubt it'll be the last price dispute - I heard on BBC Radio Ulster earlier on that Unilever have imposed a 10% price increase on SuperValu, one of our biggest local supermarket chains, so they are going to have issues, although given that they don't have the same clout as Tesco, it could end up being terminal for them.
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