Tesco might have won ‘Marmitegate’ battle, but it’s certainly not won the war

Tesco’s push back against Unilever’s proposed price hikes suggests major manufacturers don’t have the pricing power they thought they had in a market that’s only going to get more challenging as the details of Brexit unfold.
This week saw the first battle in what industry commentators believe will be a prolonged war between the world’s largest FMCG players and supermarkets as the impact of Brexit becomes a very real prospect on balance sheets.
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