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Supermarket price wars hitting producers in the pocket

from International Supermarket News

Tracy Ewen, managing director of IGF Invoice Finance, comments on supermarket price wars hitting producers in the pocket: "It's of huge concern that the number of food and drink manufacturers suffering 'significant' financial distress has almost doubled in a single year. Price wars we are currently seeing in supermarkets are yet another example of the big grocers battling for competitive market share, with little thought for their suppliers who are being forced to accept lower costs." more

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