Tesco is allowing stocks of Haribo sweets to dwindle from its shelves following a row with the confectioner over price cuts. The supermarket giant is demanding suppliers lower prices to allow it to compete with German discounter Aldi. Haribo and Tesco have failed to reach a deal and ranges such as Tangfastics and Starmix are unavailable online. In March, Tesco launched its "Aldi Price Match" campaign, to match the prices on hundreds of its goods with the German discounter. It subsequently asked suppliers to cut their prices as part of a strategy to take Aldi. Companies were told they had until 10 July to agree. While many sectors have struggled during the coronavirus pandemic, supermarkets have thrived after customers initially panic-bought produce and demand for online grocery deliveries surged.
