NFRN - Neighbourhood Retailer https://neighbourhoodretailer.com The authoritative voice of the grocery industry in Northern Ireland Tue, 18 Apr 2023 08:45:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 https://neighbourhoodretailer.com/wp-content/uploads/2020/05/cropped-NR-SIte-Icon-2-32x32.png NFRN - Neighbourhood Retailer https://neighbourhoodretailer.com 32 32 178129390 Guardian criticised for following the herd and cutting terms https://neighbourhoodretailer.com/guardian-criticised-for-following-the-herd-and-cutting-terms/ Tue, 18 Apr 2023 08:45:18 +0000 https://neighbourhoodretailer.com/?p=26535 Independent retailers have criticised the Guardian for following the herd and accompanying cover price rises on its weekday and weekend newspaper titles with adjustments to

The post Guardian criticised for following the herd and cutting terms first appeared on Neighbourhood Retailer.

]]>
Independent retailers have criticised the Guardian for following the herd and accompanying cover price rises on its weekday and weekend newspaper titles with adjustments to their terms.

From Saturday 22nd April, Monday to Friday editions will rise by 30p to £2.80. Both the Saturday publication and Sunday’s The Observer will also increase by 30p and will both cost £3.80.

At the same time, the percentage margin that retailers receive for selling the newspapers will decrease to 21.5% on weekday editions, 21% on Saturdays and 23% on Sundays.

In a letter to retailers, the Guardian blamed the terms cut on ‘record’ increases to the cost of paper.

‘RISKY STRATEGY’

Now, the Fed’s National President Jason Birks has written to the Guardian’s chief financial and operating officer, Keith Underwood criticising the move.

Mr Birks warned: “Neither retailers nor their customers will take this news well.

“For retailers, this could mean reviewing the profitability of selling the Guardian against other product categories and for customers it could mean buying the paper on fewer days of the week.

“Given the low circulations of the Guardian and Observer, this is a risky strategy indeed, which is why I have written to Mr Underwood.

“The Guardian needs to be aware that while the Fed remains keen to actively promote print, not just to our many thousands of members but to readers too, retailers need to be rewarded properly to do so.”

The move by the Guardian comes a matter of weeks after the Daily Mail announced it was increasing the cover price of its weekday editions and cutting the percentage margin that retailers receive.

‘For retailers, this could mean reviewing the profitability of selling the Guardian against other product categories’

This news followed a previous introduction of enhanced payments for retailers supporting the Mail’s new subscription scheme. The scheme gives enhanced payments to home news delivery operators and means an end to paper vouchers.

From Monday 3rd April the Monday to Friday editions of the Daily Mail rose by 10p to £1, with the Mail saying that “market conditions have meant that we have had to reduce the percentage margin to 21.8%”.

Responding at the time, Jason Birks said Fed members were facing “considerable financial pressures too”.

“Besides facing the cost-of-living crisis, supply issues and sky-high energy bills, on 1st April our wage bills will be rising, and customers served by Menzies Distributions will see their carriage charges increase too.

“To give on one hand with its enhanced payments and then to take with the other, by cutting our terms, is a bitter blow.”

The post Guardian criticised for following the herd and cutting terms first appeared on Neighbourhood Retailer.

]]>
26535
The Fed creates posters to help retailers prepare for carrier bag price hike https://neighbourhoodretailer.com/the-fed-creates-posters-to-help-retailers-prepare-for-carrier-bag-price-hike/ Wed, 16 Mar 2022 11:49:35 +0000 https://neighbourhoodretailer.com/?p=20407 The Federation of Independent Retailers has created a series of posters for its members in Northern Ireland to display in their shops to prepare customers

The post The Fed creates posters to help retailers prepare for carrier bag price hike first appeared on Neighbourhood Retailer.

]]>
The Federation of Independent Retailers has created a series of posters for its members in Northern Ireland to display in their shops to prepare customers for the forthcoming price hike on carrier bags.

The posters advise that from April 1 2022 carrier bags will cost 25p.  They can be downloaded from the Fed’s website at www.thefedonline.com.

The increase to the carrier bag levy was announced by the Department of Agriculture, Environment and Rural Affairs (DAERA) in November.  It said that doing so would further protect the environment and encourage consumers to reuse their carrier bags.

The Fed challenged the drastic increase when advised by environment minister Edwin Poots MLA in November 2021. DAERA was warned that while the increase was beneficial from an environmental standpoint, it would impact on independent retailers at a time of great financial uncertainty.carrier bag levy

25p

 

Commenting on the increase, former Fed Northern Ireland president Judith Mercer said: “From an environmental standpoint, it makes sense.  We want there to be less plastic, but this price increase is a big jump.”

The post The Fed creates posters to help retailers prepare for carrier bag price hike first appeared on Neighbourhood Retailer.

]]>
20407
Independent retailers welcome weekend paper price increases https://neighbourhoodretailer.com/independent-retailers-welcome-weekend-paper-price-increases/ Wed, 09 Mar 2022 09:28:12 +0000 https://neighbourhoodretailer.com/?p=20296 News retailers have praised publishers DMG Media and Reach for including pro rata percentage profit margins as part of price increases to their weekend titles,

The post Independent retailers welcome weekend paper price increases first appeared on Neighbourhood Retailer.

]]>
News retailers have praised publishers DMG Media and Reach for including pro rata percentage profit margins as part of price increases to their weekend titles, according to The Fed.

From Saturday, March 12, the UK’s best-selling Saturday and Sunday newspapers will be increasing their cover prices by 10p each day.

Saturday’s Daily Mail will move to £1.20, with The Mail on Sunday increasing to £1.90. The same applies to Saturday’s Scottish Daily Mail, The Scottish Mail on Sunday and the weekend editions of the Irish Mail, in Northern Ireland only.

Copies of the Sunday Mirror and Sunday People will also go up from £1.90 to £2.

Retail margins will be maintained, with pence per copy sold increasing pro rata.

The Fed’s National President Narinder Randhawa said: “This is great news. At a time when The Telegraph is reducing its profit margins for retailers, it is pleasing to see that DMG Media and Reach recognise the importance of all parts of the supply chain working in harmony and are listening to meet the expectations of retail partners.

“We urge our members to confirm their support for these best-selling titles by positioning them prominently on their displays to drive sales event further.”

 

The post Independent retailers welcome weekend paper price increases first appeared on Neighbourhood Retailer.

]]>
20296
Dismay from retailers as Telegraph raises cover price, cuts retail terms and defers payment https://neighbourhoodretailer.com/dismay-from-retailers-as-telegraph-raises-cover-price-cuts-retail-terms-and-defers-payment/ Fri, 04 Mar 2022 11:36:15 +0000 https://neighbourhoodretailer.com/?p=20231 Independent retailers have reacted with dismay after learning that the Daily and Sunday Telegraph cover prices are rising substantially from Monday (March 7), but that

The post Dismay from retailers as Telegraph raises cover price, cuts retail terms and defers payment first appeared on Neighbourhood Retailer.

]]>
Independent retailers have reacted with dismay after learning that the Daily and Sunday Telegraph cover prices are rising substantially from Monday (March 7), but that the ‘improved’ margin will not be paid to them until the beginning of September.

The publisher has also decided that from September the percentage terms that retailers receive for handling the publication on weekdays and Saturdays will be reduced to 20 per cent. The margin for handling the Sunday edition will be maintained at 20.5 per cent.

Responding to the news, the Fed National President Narinder Randhawa said: “While the cover price increases are welcome, we are disappointed that, once again, the Telegraph is hitting retailers in their pockets with yet another cut to our percentage trading terms.

“Despite repeated conversations with the Telegraph, we are equally dismayed that any ‘improvements’ to our margin payments are being delayed for six months.”

Mr Randhawa added: “Only last month, and at the Fed’s newspaper summit in London, we listened as the Telegraph’s CEO Chris Taylor insisted that the printed word had a bright future as he updated retailers, news wholesaler and his publishing colleagues on its subscription strategy and the importance of our support in achieving that.

“This latest decision to accompany these price increases with a cut in our terms and deferred payment is a bitter blow – especially as they come at a time when our costs are rocketing, and we have no way of passing these increased costs on to our customers.

“This annual cycle of terms cuts and deferred payment needs to stop.  It leaves a sour taste in retailers’ mouths.  We would politely ask Telegraph Media Group to reconsider on both the terms and deferred payment fronts.”

Mr Randhawa continued: “Decisions like these leave me to question my commitment to the news category.  It is time that publishers like TMG understand the precarious financial position that moves such as these make to our members.  It is also time that the Telegraph looks to other categories in our members’ stores that work with us in true partnership.”

The Fed head of news Brian Murphy said: “While many members do support the Telegraph’s subscriptions first strategy, they still have a number of customers who prefer to purchase their newspaper in the more traditional manner.  It is unfair to expect these retailers to wait six months to be paid for this.”

From Monday, in England, Scotland and Wales the weekday cover price will rise by 30p to £2.80; the Saturday newspaper is going up 50p to £3.50p and the cost of the Sunday Telegraph will be £3.00.

In Northern Ireland, weekday editions will cost £3, the Saturday edition is rising a whopping 80p to £3.80 and the Sunday Telegraph will cost £2.70.

In the Republic of Ireland, the cost of both weekday and Saturday editions are rising but the cover price of the Sunday Telegraph will remain at €3.  The new Monday to Friday price will be €3.20, while the Saturday edition is increasing to €4.

The post Dismay from retailers as Telegraph raises cover price, cuts retail terms and defers payment first appeared on Neighbourhood Retailer.

]]>
20231
The Fed praises MPs for tougher stance on thugs who attack shopworkers   https://neighbourhoodretailer.com/the-fed-praises-mps-for-tougher-stance-on-thugs-who-attack-shopworkers/ Tue, 01 Mar 2022 14:01:21 +0000 https://neighbourhoodretailer.com/?p=20165 Independent retailers have praised MPs after an amendment to the Police, Crime, Sentencing and Courts Bill that makes attacking a shop worker an aggravated offence

The post The Fed praises MPs for tougher stance on thugs who attack shopworkers   first appeared on Neighbourhood Retailer.

]]>
Independent retailers have praised MPs after an amendment to the Police, Crime, Sentencing and Courts Bill that makes attacking a shop worker an aggravated offence was passed in the House of Commons.

The Fed National President Narinder Randhawa said: “Everyone involved in retailing deserves to work in an environment that is safe.  Sadly, the reality is that theft, vandalism, and physical and verbal attacks are all too familiar for many NFRN members.

“For some considerable time, the Fed has been calling for the government to get tough on those who assault retail workers.  The fact that MPs have now passed an amendment to the Police, Crime, Sentencing and Courts Bill that will make it an offence to assault anyone providing a public duty is very good news indeed.”

Besides calling on the government to take a tougher stance against people abusing shop staff, the Fed has been meeting police and crime commissioners (PCCs) in England and Wales to encourage them to include tackling retail crime in their statutory crime plans.

During the debate in the House of Commons, the Conservative MP for Stockton South, Matt Vickers, said: “Health and social care workers, transport workers and retail workers are owed a huge debt of gratitude, but not everyone in our society has shown them that gratitude.

“As chair of the all-party parliamentary group on the future of retail, I hear the horrific and increasing abuse suffered by retail workers in town centres and shopping parades across the country. Last year, there were 455 assaults on retail workers—not every month, not every week, but every single day.

“The youngster with their first job stacking shelves and the semi-retired person with an extra part-time job on the tills to top up their income to buy their grandkids something nice for Christmas: these are normal people just doing their job. They are often not well paid, they do not have stab-proof vests or body-worn cameras, and every day they have to return to the scene of the crime.”

Justice minister Tom Pursglove said the move would “send a strong message that assaults against public-facing workers are totally unacceptable and will reinforce the seriousness with which the courts treat such offences”.

The post The Fed praises MPs for tougher stance on thugs who attack shopworkers   first appeared on Neighbourhood Retailer.

]]>
20165