LONDON (Reuters) – British grocer Tesco said it recognised the pressures its suppliers were facing from rising costs but it was not afraid to have “direct conversations” about delivering value for its customers.
“We’ve worked closely with our suppliers to provide them with the support they need at this critical time,” Chief Executive Ken Murphy told reporters on Thursday.
“However, at a time when we have been focused on mitigating the impact of inflation, we also haven’t been afraid to have direct conversations when necessary in the interest of our customers.”
(Reporting by James Davey, writing by Paul Sandle; Editing by Kate Holton)
