Popular now
Debenhams Group returns to growth amid PLT recovery

Debenhams Group returns to growth amid PLT recovery

Currys appoints Fredrik Tønnesen as Group CEO

Currys appoints Fredrik Tønnesen as Group CEO

Inditex sales rise 5.8% after strong start to summer trading

Inditex sales rise 5.8% after strong start to summer trading

Tesco to stop stocking Heinz over price row

Tesco to stop stocking Heinz over price row

On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

Heinz has stopped supplying Tesco after a row between the two companies about price increases on baked beans, tomato ketchup and other products.

Tesco’s website shows that products including Beanz 4x415g, Sticky Barbecue Sauce 500g, Salad Cream 605g, Baked Beans & Pork Sausages 200g, Beanz No Added Sugar 4x415g Snap Pots 4x200g, Beanz No Added Sugar 200g and Chicken Noodle Soup 400g are unavailable.

Britain’s biggest supermarket chain has apologised to customers after supermarket shelves are empty, saying it would not pass on “unjustifiable price increases”. 

Kraft Heinz, the American company that owns the Heinz brand, said it was “working closely with Tesco to resolve the situation as quickly as possible”.

A Tesco spokesperson told the Telegraph: “We’re laser-focused on keeping the cost of the weekly shop in check, offering customers great value through our combination of Aldi Price Match, Low Everyday Prices and Clubcard Prices.

“With household budgets under increasing pressure, now more than ever we have a responsibility to ensure customers get the best possible value, and we will not pass on unjustifiable price increases to our customers.

The spokesperson added: “We’re sorry that this means some products aren’t available right now, but we have plenty of alternatives to choose from and we hope to have this issue resolved soon.”

Heinz said: “We are confident of a positive resolution with Tesco.”

Previous Post
Unbound unveils 14 partner brands for platform launch

Unbound unveils 14 partner brands for platform launch

Next Post
Hilco in line to acquire Cath Kidston

Hilco in line to acquire Cath Kidston