Tesco commit to changes to all UK stores amid shareholders junk food row. (PA)
Tesco has pledged to boost sales of healthy foods and drink across its entire retail empire amid calls to help tackle the UK’s obesity crisis.
The retail giant faced pressure from a consortium of investors, led by responsible investment group ShareAction.
Investors cheered a “landmark victory” after Tesco widened the scope of its healthy food promise to cover not just its UK and Ireland operations, but also its Central European business and wholesale supplier Booker Group.
The seven investors, representing around £140 billion in assets, had filed what was thought to be the first nutrition-based shareholder resolution in February calling on the retailer to cut its reliance on junk food for sales growth.