Carrefour and Tesco to end purchasing alliance

Tesco, Carrefour waste little time in trying to leverage power of partnership

Tesco and French supermarket group Carrefour said they will not extend a purchasing alliance heralded originally as a potential way to trim costs, Reuters reports. The companies said in a joint statement that “they have decided not to extend their purchasing alliance beyond the three-year operational framework agreed in 2018”, without giving further details. Two sources familiar […]