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MILAN – Tesco and Carrefour united in carlo. The two retail giants have announced plans to build a long-term strategic alliance. The agreement, says one note, should be formally reinforced in the next two months and will allow both supermarket chains to improve the quality and choice of products available to consumers, at competitive prices. even lower and improve the competitiveness of
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The agreement should also allow both companies to strengthen their relationships with suppliers, also creating them significant opportunities. Specifically, the alliance will be included in a three-year operational framework and will cover strategic relationships with global suppliers, the joint acquisition of own-brand products and non-resale goods. Both partners will continue to work with their local and national suppliers.
For Carrefour, it is the third major partnership in six months, after those with the Chinese giant Tencent and the American Google.
- Arguments:
- Tesco
- Crossroads
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