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Tesco-Carrefour deal to start in October

by Purvai Dua
6th Aug 18 9:58 am

Just days after announcing a ‘global purchasing alliance’, supermarket giants Carrefour and Tesco have now said that they expect their tie-up to become operational from October.

The partnership between French company Carrefour and UK’s Tesco will be governed by a three-year operational framework initially.

With combined annual sales of $170bn, the alliance is designed to cut costs as they step up their assault on Germany’s discount grocers Aldi and Lidl.

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