Mars Stops Supply Of Pet Brands To UK's Tesco

By Donna Ahern
Mars Stops Supply Of Pet Brands To UK's Tesco

Mars Inc has stopped supplying some petcare products to Britain's Tesco, less than a week after US packaged foods company Kraft Heinz pulled several brands from its shelves.

European retailers are locked in extended price negotiations with giant food companies as they fight to retain shoppers and protect their profits.

Britain's largest supermarket chain said the impacted products were limited to Mars' petcare brands and that it hoped to resolve the issue soon.

"With household budgets under increasing pressure, now more than ever we have a responsibility to ensure customers get the best possible value, and we will not pass on unjustifiable price increases to our customers," a Tesco spokesperson told Reuters.

Read More: From Coffee To Ketchup, Retailers Seek Price 'Shields' As Inflation Runs Riot

ADVERTISEMENT

Petcare Brands 

Bloomberg had earlier reported the pause in supply of the petcare brands, Whiskas and Pedigree, while adding that the company's chocolate and confectionery products will remain on Tesco's shelves.

Kraft Heinz last week had stopped supplying some products to Tesco, which resisted charging its customers higher prices for them at a time of surging inflation.

Tesco, which has an over 27% share of Britain's grocery market, apologised for the absence of popular Kraft Heinz products, such as baked beans and tomato ketchup, from its shelves.

Mars did not immediately respond to Reuters request for comment.

ADVERTISEMENT

Read More: Tesco Says Britons Buying Less And Trading Down To Navigate Inflation

News by Reuters, edited by Donna Ahern, Checkout. For more Retail stories, click here. Click subscribe to sign up for the Checkout print edition.

Stay Connected With Our Weekly Newsletter

Processing your request...

Thanks! please check your email to confirm your subscription.