The Office of Fair Trading (OFT) has alleged that tobacco companies and supermarkets have been colluding to fix the retail price of tobacco. Most of the main players are named including Sainsbury’s, Tesco and Asda plus tobacco firms Gallaher and Imperial Tobacco, who between them own the major cigarette brands. (more…)
Tags: asda, gallaher, imperial tobacco, sainsbury's, tesco
Posted in Retailers, Tobacco, Top Stories | No Comments »
Mysupermarket.co.uk has compared the cost of a basket of essential food items such as bread and milk and found that the price is 15% higher than this time last year. Significant increases were on bread which is up 20% and eggs which has seen a rise of over 50%. (more…)
Tags: asda, food, retail, sainsbury's, tesco
Posted in Economics, Food and Beverage | No Comments »