Latest Tesco news
Leading City and retail analysts fear consumers will be “horrified” by the fall-out from the Tesco accounting scandal which could have a knock-on effect on consumer confidence of not only the UK’s biggest supermarket but across all major grocery retailers.
Leading analysts and trade experts are divided over whether the Tesco accounting scandal will have ramifications for the wider trade. Some say there will be “no change whatsoever” in the retail landscape, while others say the change will be “seismic”.
The grocery retail sector will never be the same again in the wake of the TescoGate accounting scandal now the lid has been lifted over supermarket and supplier relations.