Suppliers who feel aggrieved at their treatment at the hands of any major retailer can take action now by complaining to the Groceries Supply Code of Practice adjudicator, writes wine trade lawyer Andrew Park.
A leading wine trade lawyer has called on suppliers who feel they have been badly treated by Tesco or any other supermarket, to complain to the Groceries Supply Code adjudicator.
Following Tesco’s announcement this morning that profits had been over estimated by £263m resulting in 92% drop to £112m, analysts have taken to Twitter to share their reactions.
Ex-Somerfield head of wine Angela Mount questions the impact on BWS of the lack of a long-term strategy at Tesco, as the retailer struggles to manage the consequences of its financial scandal.
Top sommeliers Gerard Basset and Kathrine Larsen say the on-trade needs to trust staff, not be afraid to have a French wine as the house offering, and tell compelling stories in order to boost sales in the category.
- pause slideshow
Insights & Analysis
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”.