Tesco, Unilever settle prices row after pound's Brexit dive

Tesco, Unilever settle prices row after pound's Brexit dive
 

Britain's biggest retailer, Tesco, settled a pricing row with Unilever after halting online sales of goods produced by the Anglo-Dutch giant in a dispute caused by a plunge in the pound since Britons voted to leave the EU.
The dispute between Tesco and one of the world's largest consumer goods companies was a first clear sign for consumers of the turbulence unleashed by the Brexit vote and of how it could hurt them.
Products such as Persil washing powder, Ben & Jerry's ice cream and Marmite - a brown yeast-extract spread with a like-it-or-loathe-it reputation - had been unavailable on... read more

 
13 October 2016 in Business, Views: 39
Source: Reuters
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