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Tesco: towards strategic partnership with Carrefour

(CercleFinance.com) - Carrefour and Tesco today announce their intention to establish a long-term agreement that will cover strategic relations with suppliers and the joint purchase of own-brand and non-merchandise goods.


Governed by three-year operational cycles, the agreement will enable both retail giants to improve the range and quality of products at even lower prices, for the benefit of customers, therefore increasing the competitiveness of both brands.

This partnership will strengthen the relations with suppliers, with each company continuing to work with local and national producers. The partnership agreement is set to be finalised within the next two months.



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