• Privacy policy
  • T&C’s
  • About Us
    • FAQ
  • Contact us
  • Guest Content
  • TLE
  • News
  • Politics
  • Opinion
    • Elevenses
  • Business
  • Food
  • Travel
  • Property
  • JOBS
  • All
    • All Entertainment
    • Film
    • Sport
    • Tech/Auto
    • Lifestyle
    • Lottery Results
      • Lotto
      • Set For Life
      • Thunderball
      • EuroMillions
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
The London Economic
No Result
View All Result
Home Business and Economics Business

Tesco products will disappear from Finland because of Brexit

“And what's the Brexit dividend here? S-Group has already turned to French retailer Carrefour to fill the gap left by Tesco," a journalist has said.

Andra Maciuca by Andra Maciuca
2021-10-16 11:50
in Business, News
TESCO FINLAND

Photos: PA

FacebookTwitterLinkedinEmailWhatsapp

Tesco products are set to disappear from a grocery chain in Finland because of Brexit, with French retailer Carrefour set to fill the gap left by the British retailer. 

Finnish chain S-Group said Tesco not only cancelled its agreement with them because of UK’s exit from the EU, but will do so “globally”, according to journalist David Mac Dougall. 

Mac Dougall said: “Tesco products will soon disappear from the shelves of the S-Group grocery chain in Finland due to Brexit. 

“For a good number of years they’ve stocked hundreds of products which was hailed as a big deal, and championed repeatedly by the embassy. Now, the realities are laid bare.

“Finland is a robust market for free-from products and this was where Tesco made their mark. Tesco has been very visible on the shelves but thanks to Brexit that deal is over.”

He added: “And what’s the Brexit dividend here? S-Group has already turned to French retailer Carrefour to fill the gap left by Tesco.

“Let’s be very clear, for UK-Finland trade this was a real flagship deal due to how visible Tesco products have been (not necessarily due to the money value of the deal).

“S-Group has over 800 stores in Finland and a turnover of more than €11 billion, so they’re not a small company, now closed to a big UK retailer thanks to Brexit.”

Finland’s trade director Pasi Vaaranmaa has also tweeted about the news.

RelatedPosts

MPs back legalising assisted dying in England and Wales

UK temperatures capable of reaching 45C in current climate, Met Office says

Pro-Palestine protesters break into UK air base and damage two military planes

Donald Trump’s ‘all-American’ phone will probably be made in China

Finnish retail chain ⁦@Smarket_⁩ ’s cooperation w ⁦@Tesco⁩ will end and Tesco products will disappear from the shelves due to #brexit. Coming instead: products of ⁦@CarrefourFrance⁩ #brexitbenefits https://t.co/czeOBJqPDZ

— Pasi Vaaranmaa (@vaaranpa) October 16, 2021

Reactions

In reaction to the news, journalist Jon Worth said Brexit is the “gift that keeps on giving”.

“Well, giving to a French retail group in this case!” he added. 

“I assume this is the fault of the Northern Ireland Protocol”, another Twitter user joked, echoing EU’s defence that UK’s problems are ‘not the bloc’s fault’.

And lawyer and filmmaker Peter Stefanovic said the news follow Marks and Spencer “closing 11 stores in France due to Brexit”, concluding Brexit “is the gift that keeps giving – just not to us”.

Brexit! The gift that keep on giving… well, giving to a French retail group in this case! https://t.co/mZlsI0zTlZ

— Jon Worth (@jonworth) October 15, 2021

I assume this is the fault of the Northern Ireland Protocol. #BrexitShambles https://t.co/4ZgaWcwghr

— Diarmaid Mac Aonghusa (@diarmaidm) October 15, 2021

We have just seen Marks & Spencer closing 11 stores in France due to Brexit & now this👇. S-Group has already turned to French retailer Carrefour to fill the gap left by Tesco. It seems Brexit is the gift that keeps giving – just not to us@davidmacdougall https://t.co/vPihrGafGi

— Peter Stefanovic (@PeterStefanovi2) October 16, 2021

Marks and Spencer

Last month, M&S blamed Brexit disruption to exports from the UK to Europe for its decision to shut all franchised shops with partner SFH in France.

It said: “The lengthy and complex export processes now in place following the UK’s exit from the European Union are significantly constraining the supply of fresh and chilled product from the UK into Europe and continuing to impact product availability for customers and the performance of our business in France.”

The stores, which are located mainly on the high streets of Paris, are set to close by the end of the year.

Related: WATCH: UK issues, result of ‘badly implemented Brexit by Brexiteers’ – EU

‘Not just any Brexit f*ck up’: Marks & Spencer pulls out of France

Tags: BrexitFinlandTesco

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

← Patel plans visa penalties for countries that don’t cooperate on deportations ← REVEALED: The UK dairy brands linked to deforestation in Brazil
No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

-->