A dispute between Teaco and food giant Heinz has resulted in the shortage of several of its products across the supermarket’s shelves.
US owned Kraft Heinz is thought to have wanted a price increase to some of it’s range, including baked beans and ketchup, citing the rising costs within the supply chain.
However, a public pushback by Tesco at these ‘unjustifiable price increases’ for its customers has resulted in Heinz putting a hold on supply to Tesco.
Customers may soon see — or already have — gaps appearing on Tesco shelves as this standoff continues between these two.
This has further highlighted the current ‘cost of living crisis’ affecting food, fuel, and energy bills — with massive price hikes being passed onto consumers.
Tesco released a statement in which it wrote: “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.”
A Kraft Heinz spokesperson 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.”
