Both sides are allowed, under the Groceries Supply Code of Practice, to adjust terms and conditions. The editor-in-chief of the Grocer magazine, Adam Leyland, says in the past retailers typically demanded changes but now it is suppliers who are clamouring to renegotiate what they are getting paid.
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Retail sales soar 9.2% in April as shops reopen
admin, , Business, 0
“Footfall is still down by 40% on the pre-pandemic period, and there are still 530,000 people who work in...
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AI millionaire: ‘Video games can boost creativity’
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“It’s important to feed the creative part, not just playing them ,” he said. “You never know where your...
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All Wilko shops to shut with 12,500 jobs likely to go
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Nadine Houghton, national officer at the GMB union, said: “Wilko was far more than a brand, a retailer or...
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The small shops in battle with the retail giants
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Larger independents are showing their agility too. Those who weren’t already trading online have been quick to remedy that,...
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TUI says summer holiday season can be saved
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In the past year, TUI has been forced to borrow billions from the German government just to stay afloat....
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Food banks forced to buy groceries due to shortages
admin, , Business, 0
It is the same story at the other end of the country. In Bromley, south east London, the Living...
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Covid: Almost two million in UK ‘have not worked for six months’
admin, , Business, 0
Nye Cominetti, senior economist at the Resolution Foundation, said: “While the UK’s economic prospects are finally looking up, job...
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Fuel issues persist in south but ‘over’ elsewhere
admin, , Business, 0
Petrol problems are “virtually over” in Scotland, northern England, and the Midlands, say retailers.
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