Unilever price war: Do I need to panic buy Marmite?

Unilever price war: Do I need to panic buy Marmite?
 

Popular brands are disappearing from the shelves at Tesco stores as a result of a stand-off between the retailer and food giant Unilever.
Unilever is understood to be demanding a 10% hike in the price of products including Marmite, Hellmann’s mayonnaise and Flora spread following the collapse in the value of the pound in the wake of the Brexit vote. It says other retailers have accepted price rises.
But Tesco has refused to play ball – accusing Unilever of “exploiting consumers” – and Unilever has halted deliveries to its stores.
What has Unilever said? Unilever chief financial officer... read more

 
13 October 2016 in Yorkshire & Humber, Views: 37
Source: Examiner
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