AUGUST TRADE NEWS

Bad weather blamed for shopping centre delay

Chester council  not supporting retailers

New rules 'won't help save retail centre'

Irish shoppers look abroad for bargains

British consumers spend more on beauty products

Yorkshire town gets behind plastic bag reduction scheme

Rising obesity prompts calls for VAT rule changes

eBay restructures fee scheme to make fixed-priced sales cheaper

Online sales boom despite slowdown

Music retailer goes out of business

Matalan named and shamed for how it treats wholesalers

BCC slams higher parking charges proposals

Booming wholesaler moves to new warehouse

Market traders told to only 'shout quietly'

London's retailers show growth despite gloom

Counterfeit goods dealer sentenced to prison

UK's smallest town protests supermarket plan

More retailers and wholesalers going out of business

Online retail sector predicted to expand rapidly

Henley retailers protest development plans

Retail sales continue to slow

Tiffany appeals US court's eBay ruling

Report criticises electricity suppliers' treatment of small businesses

MK retailers protest Tesco expansion plan

Yorkshire retailers protest supermarket move

Manchester wholesaler shut down over fraud worries

Businesses welcome plans to reduce red tape

Rate hold accepted by small businesses

Internet sales put pressure on the high street

Huge counterfeit goods haul in Somerset

Irish entrepreneur online retail plans

Wholesaler sector set to struggle

Staycations could help British retailers

Retailers 'gloomy' about economic outlook

Retailers report footfall continues to decline as consumers cut back

Hidden door reveals huge counterfeiting operation in Manchester shop

No recession for the UK this year

East London wholesaler goes into receivership

London mayor reveals plans to support small retailers

Toy retailers defy gloom

Retailers urged to embrace online sales

Trade News Archive August 08 July 08 June 08 May 08 April 08 March 08 February 08 January 08

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20th August 2008

Matalan named and shamed for how it treats wholesalers

The Forum of Private Business (FPB) has said that it is 'naming and shaming' Matalan for the way it treats the wholesalers that supply it.

According to the pressure group, the retailer is set to impose a two per cent deduction on all payments to suppliers from the beginning of September.

The retailer said that it was doing this to fund TV advertising and other marketing campaigns.

"This is not the first time that Matalan has passed on costs to its suppliers and it represents a payment problem that is endemic across a number of industry sectors," commented FPB chief executive Phil Orford.

"The fact that this latest charge is being justified to fund initiatives like marketing and international expansion adds insult to injury for many smaller firms, which are struggling to control essential costs as the economic downturn continues."

Mr Orford said that the move was all the more galling as Matalan posted profits of £53.2 million in June of this year.

The FPB's adviser on payments, Stuart Blake, said that the law did protect small wholesalers from larger buyers.

He explained: "A change to contractual terms cannot be made unilaterally. This is a simple matter of contract law."

 

(c) 2008 Adfero Ltd.


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