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Tesco stops selling all Heinz products over ‘unjustifiable’ prices increases
"Now more than ever, we have a responsibility to ensure customers get the best possible value."
Emily Sergeant -
30th June 2022 Tesco has decided to strip shop shelves across the UK of all Heinz products after a dispute over “unjustifiable” price increases.
Despite the supermarket chain having stocked the well-known food company’s products for a significant number of years now, and even after the two brands have worked together in the past, it has been revealed that ongoing disputes between Tesco and Kraft Heinz has now lead to a nationwide shortage of baked beans, tomato ketchup, mayonnaise, and more products on shop shelves.
Retail insiders say it’s all because there are believed to be “challenges over cost price increases”, but it’s hoped that these will be resolved soon.
As the rising cost of living crisis continues to make its impact felt across the country, Kraft Heinz is one of the many food manufacturers that has had to make adjustments to prices.
But Tesco insists it will “not pass on unjustifiable price increases to our customers”.
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Reacting to Tesco’s decision to stop selling Heinz products in stores nationwide, a spokesperson from Kraft Heinz said: “We are working closely with Tesco to resolve the situation as quickly as possible.
“In today’s challenging economic environment, with commodity and production costs rising, many consumers are working within tight budgets.
“We always look at how we can provide value through price, size and packs so consumers can enjoy the products they love and trust at a price point that works within their budgets, without compromising on quality.
“We are confident of a positive resolution with Tesco.”
Tesco, on the other hand, has also addressed its responsibility it has to ensure customers get “the best possible value”.
Read more: Heinz has released a Terry’s Chocolate Orange-flavoured mayonnaise
Giving more of an insight into the pricing dispute with Kraft Heinz, a Tesco spokesperson commented: “We’re laser-focused on keeping the cost of the weekly shop in check, offering customers great value through our combination of Aldi Price Match, Low Everyday Prices and Clubcard Prices [and] with household budgets under increasing pressure, now more than ever, we have a responsibility to ensure customers get the best possible value.
“We will not pass on unjustifiable price increases to our customers.
“We’re sorry that this means some products aren’t available right now, but we have plenty of alternatives to choose from and we hope to have this issue resolved soon.”
Featured Image – Mike Mozart (via Flickr)
