Skip to content
Search
AI Powered
Human content, AI powered search.
Latest Stories

Independent retailers welcome Sunday Mirror and People margin move

Andy Marino
By Andy MarinoMay 11, 2021
Andy Marino
See Full Bio

The Federation of Independent Retailers (NFRN) has welcomed the news that Reach PLC will include pro rata terms for newsagents as part of its price increases for the Sunday Mirror and Sunday People.

On Sunday May 16, the cover price of the two newspapers will go up by 10p to £1.90. As a result of this price move, profit paid to retailers on each copy sold will also increase to 38p.

This applies to all of the UK, apart from the Channel Islands, where the price of each title increases by 20p to £2, with retailers receiving 40p profit for each copy sold.

“This is great news," said NFRN National President Stuart Reddish. "When publishers put the prices of their titles up, there is always a danger that retailers will suffer because of reduced profits. But it is pleasing to see that Reach recognises the efforts of independent retailers to keep the news trade going during what has been an unprecedented and difficult time.”

A spokesperson for Reach PLC said: “At this challenging time for the trade, can we pass on our thanks to retail colleagues for all the support that you give our titles, day in, day out.”

nfrnreach plc

Related News

Business rate bill to surge by 'over 140 per cent'
Industry News

Business rate bill to surge by 'over 140 per cent'

More for you

Edmonton city council debates bylaw to ban sale of knives in convenience stores

iStock image

Edmonton city council debates bylaw to ban sale of knives in convenience stores

Edmonton city council is discussing what it would take to ban knives from being sold in convenience stores, state recent reports.

A key issue during the community and public services committee held on Monday (20) was wading through the potential legal ramifications of defining what a knife is and whether some businesses owners may try to find loopholes to be able to sell knives.

Keep ReadingShow less
Things to know about new Simpler Recycling reforms

iStock image

Things to know about new Simpler Recycling reforms

With just 70 days left to go until the government’s new Simpler Recycling reforms are implemented, most businesses are not prepared for the changes in the rule, claims a leading business waste management service.

Although the UK's overall recycling rate has seen a significant rise, reaching 44 per cent in 2015 compared to just 17 per cent in 2008, progress has plateaued in recent years, with indications that the rate may now be declining.

Keep ReadingShow less
Lioncroft Wholesale founder made Aston University’s new Chancellor

Lioncroft Wholesale founder made Aston University’s new Chancellor

Birmingham entrepreneur and leading wholesale figure Dr Jason Wouhra OBE has been officially installed as Aston University’s new Chancellor.

Dr Wouhra, Aston University’s youngest Chancellor and the first of Asian heritage, was presented with the chancellor’s chain at the beginning of the University’s first winter graduation which was held at Symphony Hall in Birmingham city centre. Spread across three ceremonies, approximately 4,500 graduates and guests attended the event.

Keep ReadingShow less
New buying group shares future vision

New buying group shares future vision

In addition to announcing six brand new members within the first week of January, the new buying group The Wholesale Group last week hosted two briefing events for senior suppliers where it shared details of its plans and future vision.

The senior supplier briefing event, held at Soho Hotel, London last week, saw more than 50 channel directors in attendance plus 150 representatives from leading FMCG suppliers, across all product categories.

Keep ReadingShow less
vape pen
Photo: iStock

Safer alternatives to cigarettes could save millions of lives and billions of pounds, says think tank

Promoting safer alternatives to cigarettes could save 19 million years of life by 2030 and reduce smoking-related costs to taxpayers by up to £12.6 billion annually, a new report from the Adam Smith Institute (ASI) has revealed.

The think tank argues that the UK government's current approach to achieving a Smoke Free 2030 - defined as reducing smoking rates to 5 per cent or lower - is both illiberal and unworkable and will significantly set back progress against smoking related harm. The ASI warns that policies such as a generational tobacco ban, a new tax on vapes, and restrictions on heated tobacco products and flavours will hinder harm reduction efforts.

Keep ReadingShow less