Cowed
Supermarkets promise to pay farmers more for their milk
THE past few years have seen a desperate fight for market share among Britain’s supermarkets, sharpened by the relentless rise of Aldi and Lidl, two successful German-owned discounters. Tesco, the biggest, Asda, Morrisons and others have reported some of their largest-ever losses. They might have been hoping for a period of relative calm to restructure their businesses and repair their balance-sheets. No such luck.
This article appeared in the Britain section of the print edition under the headline “Cowed”
From the August 22nd 2015 edition
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