Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Retail

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 (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.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK