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Tesco joins Morrisons in rationing popular items

Customers can only buy flour, dried pasta, toilet roll, baby wipes and anti-bacterial wipes in three

Tesco PLC - Tesco joins Morrisons in rationing popular items

Tesco PLC (LON:TSCO) has introduced a rationing system for popular items to avoid customers stockpiling.

The move follows WM Morrison Supermarkets PLC’s (LON:MRW) announcement on Thursday on capping purchases of products such as toilet papers to three per person.

READ: Morrisons to reinstate rationing on most popular items

Fellow ‘Big Four’ Tesco applied the same limit to flour, dried pasta, toilet roll, baby wipes and anti-bacterial wipes.

Supermarkets are looking to prevent panic-buying which brought to shortages at the beginning of the pandemic.

Earlier this week, Aldi UK’s chief executive Giles Hurley reassured customers there is no need to stockpile, while Tesco’s boss Dave Lewis stressed there is no disruption on supply chains.

Shares in Tesco dipped 1% to 216.8p on Friday afternoon.

Quick facts: Tesco PLC

Price: 214.1 GBX

LSE:TSCO
Market: LSE
Market Cap: £20.97 billion
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