Schweppes takes a hit as Tesco removes brand from shelves in pricing row
Schweppes has been temporarily axed from Tesco supermarket shelves following a row over pricing.
The retail giant was understood to be in ongoing discussions with Coca-Cola Enterprises, which owns the brand, according to The Grocer. The former was looking to renegotiate the price it pays for products while the latter was eyeing an increase to prices.
It is not clear if the row has been fully resolved but it is thought that up to 25 lines of the soft drink have been suspended from delivery to stores and Tesco’s online depots.
A spokesperson for Tesco said: “Due to a supply issue, we have had to temporarily adjust some of our soft drinks ranges. We continue to work in close collaboration with our suppliers, to provide our customers with the best products, the greatest value and fantastic availability.”
Schweppes had not returned The Drum’s request for comment at the time of writing.
Tesco embarked on an aggressive price cut strategy at the beginning of the year in a bid to stay competitve with discount brands like Lidl and Aldi.
It is also on a £250m cost-saving drive to help it recover from the £263m profits overstatement which came to light last year.