Tesco demands “offensive” discounts from suppliers

// Tesco has asked for 50% discounts from suppliers
// The discounts will be partly funded by scrapping promotions
// The move is expected to start a price warTesco has reportedly demanded “offensive” discounts from its suppliers in a move which is expected to trigger a price war.
The Big 4 leader has given suppliers until Friday to accept discounts of up to 50 per cent, which will be partly funded by scrapping promotions, The Sunday Times reported.
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