The Federation of Independent Retailers (NFRN) has welcomed the decision by publisher Reach PLC to include pro rata terms for newsagents as part of price increases for its national newspaper and magazine titles.
From Monday, December 27, the cover price of all editions of the Daily Mirror and Daily Star will go up across the UK, while magazines OK! and New will also increase in price in the UK and the Republic of Ireland.
Reach has confirmed that the profit paid to retailers on each copy sold will increase pro rata.
NFRN National President Narinder Randhawa said: “This is great news and a timely boost for thousands of our members in the UK and Ireland.
“When publishers put the prices of their titles up, there is always a danger that retailers will suffer because of reduced profits, which has recently been the case. But it is pleasing to see that our calls for fairness have once again been listened to by Reach.”
In a letter to the NFRN confirming the price changes, Reach said: “At this challenging time for the trade, please can we pass on our thanks to retail colleagues for all the support that you give our titles, day in, day out.
Full details of the price changes, dates and revised barcodes are as follows: