Chairman of Tesco says stay calm
Tesco does not expect to see anything more than short-term shortages of certain products as customers stockpile over coronavirus – John Allan, the chairmain of Britain’s biggest supermarket chain told BBC on Thursday.
John Allan, also the president of the business lobby group the CBI, told BBC Radio there was plenty of product in the supply chain and shoppers did not need to panic buy.
John Allan said that while there is a real demand for certain products, such as handkerchiefs and hand sanitizers, it is not yet a level that the company’s supply chains cannot afford. (portfolio.hu)
Related news
Tesco is introducing cheaper own-brand products in its Expressz stores
Tesco is introducing cheaper own-brand products in its Expressz stores…
Read more >Tesco is making good progress with the sustainability project
Tesco is committed to sustainable operations and has set ambitious…
Read more >It was revealed how much Tesco’s first person earns
The CEO of Tesco, Ken Murphy, will receive a record…
Read more >Related news
In 2023, SPAR realized a turnover of over HUF 1 billion
SPAR Hungary achieved a turnover of HUF 1,023.2 billion in…
Read more >Primark’s first domestic store will open in a month
Primark will open its doors at 10 a.m. on May…
Read more >Heineken achieved strong volume growth in the first quarter
Heineken, the world’s second largest beer producer, achieved a 4.7%…
Read more >