Tesco extends payment terms for small suppliers to “navigate” Covid-19
// Tesco extends improved payment terms for smaller suppliers to 2021
// The grocer will send payments to nearly 2000 suppliers immediatelyTesco has reportedly extended improved payment terms for its smaller suppliers until 2021 to help support businesses ride out the Covid-19 pandemic.
The Big 4 grocer will now immediately send payments to almost 2000 smaller suppliers instead of the usual 14-day term, until January 31, 2021, Retail Week reported.
Tesco said it hopes that smaller food businesse
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