THE RETAIL BULLETIN - The home of retail news
Click here
Home Page
News Categories
Commentary
CX
Department Stores
Desert Island Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
TRB conference review
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Uncategorized
Retail Events
People in Retail Awards 2024
Retail Ecom North
Retail HR North 2025
Retail Omnichannel Futures 2025
Retail HR Central 2025
The Future of The High Street 2025
Retail Ecom Central
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Kraft Heinz pauses supply of popular products to Tesco amid price dispute

Kraft Heinz has paused the supply of some products, including baked beans and ketchup, to Tesco which resisted charging customers higher prices for them at a time when… View Article

FOOD AND DRINK NEWS UK

Kraft Heinz pauses supply of popular products to Tesco amid price dispute

Kraft Heinz has paused the supply of some products, including baked beans and ketchup, to Tesco which resisted charging customers higher prices for them at a time when many are feeling the cost of living strain.

Tesco has apologised for the absence of the popular products from its shelves but said it would “not pass on unjustifiable price increases to our customers”.

A Tesco spokesman said: “We have a responsibility to ensure customers get the best possible value, and we will not pass on unjustifiable price increases to our customers.

“We’re sorry that this means some products aren’t available right now.” The spokesperson added that Tesco “hoped to have this issue resolved soon”.

Tesco said it had good availability across alternative brands, including Branston Baked Beans and its own brand products.

A Kraft Heinz spokesperson said the company was “working closely with Tesco to resolve the situation as quickly as possible”.

Nidhi Chauhan, senior consumer analyst at GlobalData, a leading data and analytics company, commented: “Kraft Heinz has stopped supplying products to Tesco in a disagreement over pricing, as a rise in energy and commodity prices combined with supply chain challenges are forcing some manufacturers to raise prices.

“However, with three out of four UK consumers (76%) concerned about the impact of inflation on their household budget, according to a recent GlobalData survey, retailers are resisting passing on any increase to consumers as they strive to keep prices low and maintain their price proposition in an increasingly price sensitive and competitive market.

“Further price increases might lead cash-strapped consumers to look elsewhere to find grocers offering better deals and better value for money.

“Rising inflation and a gloomy economic outlook suggest this might just be the beginning of supplier lead price increases as other manufacturers face similar challenges.”

Subscribe For Retail News