Print Edition - 2018-04-08  |  Money Digest

Edeka and Coop expand Nestle boycott

- Reuters, FRANKFURT

Apr 8, 2018-

Two retailers have expanded their boycott of Nestle products, according to media reports, raising pressure on the Swiss group in a pricing stand-off with several European supermarkets. Germany’s largest supermarket group Edeka has written to its stores recommending that they drop more Nestle products in an escalation of a pricing row between the world’s biggest packaged food maker and European retailers, a trade journal reported. Swiss retailer Coop, one of the country’s largest food chains, has also boycotted a further 59 products, including well-known Maggi seasonings, according to Swiss paper Blick. Nestle has for several months been facing off with AgeCore, a Geneva-based group which is seeking better supply terms. 

Published: 08-04-2018 14:24

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