Tesco鈥檚 chief architect clarifies the company鈥檚 position

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I was delighted to read the write-up of the recent 好色先生TV Supermarkets conference in last week鈥檚 edition (22 June, page 24).

As a speaker at the event for the last two years, I鈥檝e found it an enjoyable day with invaluable insights into the industry we all share. However, I am writing to clarify one point which has caused some concern among our supplier network. While Tesco is open to forward funding proposals from contractors, I would like to reiterate that this is simply one option that, in theory, could add another string to a contractor鈥檚 bow in these competitive times. We welcome new ideas from contractors and this is just one example.

Many thanks for an informative day - we look forward to the next.

Martin Young, chief architect at Tesco

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