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> Tesco and Unilever go to war
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Silas
post Oct 12 2016, 08:44 PM
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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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Rooney
post Oct 12 2016, 08:54 PM
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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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Jack
post Oct 12 2016, 09:01 PM
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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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Brett-Butler
post Oct 12 2016, 09:29 PM
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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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jakewild
post Oct 13 2016, 10:41 AM
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mess

need ma pot noodles
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bah... humbug...
post Oct 13 2016, 09:08 PM
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Not stocking any PG Tips tea, how dare they, call the Police. Monkey is not amused. sad.gif
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Chrimbo LeG PiPe
post Oct 13 2016, 09:09 PM
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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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Brett-Butler
post Oct 13 2016, 09:20 PM
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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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Silas
post Oct 13 2016, 09:24 PM
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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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Brett-Butler
post Oct 13 2016, 09:25 PM
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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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