Related topics: Financial & Industry
Tesco has contacted some of its suppliers to ask for cash contributions to help keep down prices or to accept lower prices for products, according to media reports.
The Times reports the UK supermarket as saying its suppliers can now afford to reduce their prices because the edge has come off some of the sharpest rises in food commodity prices.
For its part, Tesco is a combatant in the supermarket price wars, locked in battle with other retailers like Asda, Aldi and Lidl to attract consumers with the cheapest prices on the high street.
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