Tesco Finally Says It's in Talks to Stockpile Goods for Brexit

Tesco Plc has remained quiet on Brexit since the referendum result nearly three years ago, but the U.K.’s biggest retailer has now disclosed it is planning to stockpile in the run-up to the March deadline.

The supermarket has delivered stock-holding and production plans for each of its suppliers by using existing networks and warehousing space. It has offered to help these suppliers hold their stock if they lack the space to do so themselves. This comes a month after Bloomberg reported the big-four U.K. supermarkets were asking their main suppliers to ramp up stock over concerns that half their shelves will be empty if there is a hard or no-deal Brexit.