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Skewed industry panels under-represent retailers
Seven influential independent convenience store owners occupy more than a quarter of the senior retailer positions within the industry.
An analysis of 18 supplier, symbol and trade group retailer panels by RN identified 149 positions which are filled by 95 store owners.
However, 25 of these store owners between them hold more than half of all the positions, the top 12 retailers account for more than a third, and the top seven account for a quarter of the positions.
Shop owners lose £185,000 following TNS collapse
Approximately 650 convenience retailers leasing electronic displays from collapsed supplier The Shoppers Network (TSN) could each be left more than £9,000 out of pocket.
Under the original agreements, retailers paid between £255 and £299 a month to lease the screens from White Oak (formally called LDF), and received ‘airtime payments’ from TSN, which sold space on the screens to advertisers, to offset the bill.
Iceland launches new wholesale service
The launch of a new wholesale service by leading supermarket chain Iceland Foods was welcomed by shop owners hoping the move will shake up the wholesale market.
The UK-wide trial, which rolled out on 15 February, delivers a full range of lines across frozen, fresh, chilled, soft drinks and alcohol to retailers with no minimum orders and free deliveries on orders of more than £35.
Explaining the model, Anthony Howard, Iceland Foods business development manager, told RN: “We are trying to bridge the gap between the wholesaler and retailer. The deliveries to retailers and caterers will come through a store or from our warehouse depending on the volumes.”