UK retailer denies Brexit influenced the decision to scrap link-up, which was intended to cut costs
Tesco and the French supermarket group Carrefour have announced the end of a three-year alliance that was meant to lead to greater choice and lower prices for customers.
The purchasing agreement between the two retail powerhouses, struck in 2018, was expected to strengthen relationships with suppliers, expand ranges of their own-label products and cut prices for certain products by pooling their buying power. However, the decision to part ways suggests the alliance did not offer strong enough savings to warrant an extension beyond 31 December.
