Traditional rival Sainsbury

LONDON | Supermarket chains Tesco, Carrefour form strategic alliance

LONDON — Tesco and Carrefour, two of Europe’s biggest supermarket chains, are teaming up to wring better deals out of suppliers as traditional retailers battle increased competition from internet traders. The two companies on Monday announced plans to form a “long-term strategic alliance” that will govern relations with global suppliers and include joint purchasing of … Continue reading LONDON | Supermarket chains Tesco, Carrefour form strategic alliance