Less than 24 hours after Smiths News announced that it was freezing its carriage charges until September 2022, News UK DTR (Direct to Retail) advised that it will further delay its own review.
The company, which supplies nearly 6,000 retail outlets inside the M25 area with the Sun and the Times, told the Federation of Independent Retailers (NFRN) that its next review of its carriage charge would now take place in May 2021.
Previously, it had deferred the review until March.
NFRN National President Stuart Reddish said: “Carriage charges are unfair and illogical. As each year progresses and the charges rise, they become even more damaging to members’ businesses. At such a difficult time financially for many retailers, any further increases could push yet more newsagents out of business.
“News UK DTR’s latest announcement is further good news for retailers. We are pleased that the company is acknowledging the challenging financial position that many news retailers are currently experiencing and has decided to further delay its review.
“We hope this latest news will put even more pressure on Menzies Distribution to follow suit.”