Tesco Steps Up Healthy Food Pledge Amid Investor Pressure
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Tesco Plc has pledged to boost sales of healthier food and drink across its entire retail business in a bid to stave off further pressure from investors over concerns its products cause obesity.
The company aims to include its central European operations and wholesaler Booker Group Ltd. in a pledge to increase the share of healthy product sales, Tesco said in a statement Wednesday. The target builds on a commitment made in March for its U.K. and Irish stores, which aim for healthy products to comprise 65% of total sales by 2025, up from 58% now.