Heinz has stopped supplying a range of staple products in the lineup, something that has already left shelves empty in some stores and items out of stock on Tesco’s website. A Tesco spokesman said: “With household budgets under increasing pressure, now more than ever we have a responsibility to ensure that customers have the best possible value and that we do not pass on undue price increases to our customers. “We are sorry that this means that some products are not available at the moment, but we have many alternatives to choose from and we hope this issue will be resolved soon.” The supermarket added that “it is focused on the laser to keep the cost of the weekly store under control” as food price inflation increases the cost of living crisis. Heinz said: “We are working closely with Tesco to resolve the situation as soon as possible. In today’s difficult economic environment – with the cost of goods and production rising – many consumers are working on tight budgets. “We are always looking at how we can offer value through price, size and packaging, so that consumers can enjoy the products they love and trust at a price that works within their budgets, without compromising on quality. “We are confident of a positive solution with Tesco.” Heinz was founded in Pittsburgh, Pennsylvania in 1869, but since the early 1900s has been producing its products for the British market in the United Kingdom. New research for the commercial magazine The Grocer, using data from Assosia, reveals a rise in prices for Heinz products in other supermarket chains in recent weeks. For example, the price of a pack of 4x400g Heinz Cream of Tomato Soup has increased by 40% from 50 2.50 to 50 3.50 at Sainsbury’s, while a pack of 4×200 g of roasted Snap Pots has increased by 20% from 9 2.59. at £ 2.50 at £ at £ 2.50 at £ in stripes. . A box of 415 grams of roasted beans at Asda has risen from 90p to 20 1.20 – the price now charged by all major chains except Tesco, which charges £ 1, and Morrisons, which charges 19 1.19, according to the Trolley price comparison site. co.uk. Similarly, Tesco charges 15 3.15 for a 910-gram bottle of Heinz Tomato Ketchup, compared to 50 3.50 for all of its big rivals except Morrisons, which charges 49 3.49. Subscribe to the Business Email daily email or follow the Guardian Business on Twitter at @BusinessDesk Ged Futter, at consulting firm The Retail Mind, which advises many supermarket suppliers, said price increases in Heinz were not surprising as costs rose between 20% and 40% in many categories. He said the companies he worked with had raised prices by an average of 25% last year, as did the price of energy, fuel for delivery vehicles, ingredients such as tomatoes and cooking oil, and packaging materials such as cardboard and canned food. they had all grown substantially. “Tesco has said it will be ‘the least and last’ with price increases and suppliers will have to decide whether to give Tesco a better deal or whether [all their clients] “They get the same deal and if Tesco does not like it they will not deliver,” Futter said. Tesco’s latest line-up with a major supplier comes six years after well-known brands such as Marmite and Ben & Jerry’s retired from the shelves in line with Unilever. An agreement was reached within 24 hours of the publication of this series after the fall of the share price of both companies.
