NFRN National President Stuart Reddish has thanked the publisher of the i for accompanying a price rise on its weekend edition with pro rata terms.
From this weekend, September 14, the price of the iweekend rises by 20p to £1.20 and with the margin that retailers receive remaining at 21.5 per cent – the second highest in the marketplace, i stockists will now receive 25.8p on every copy sold.
Welcoming this move, Mr Reddish said: “Independent retailers are facing ever increasing operating costs so pro rata margin increases are critical whenever cover price rises occur if NFRN members are to remain viable.
“The NFRN is pleased that JPI Media is demonstrating that it wants to work positively with its retail partners and I would like to reciprocate by urging NFRN members to give iweekend their full support.
“It is equally pleasing to hear that the publisher is investing in the quality of the newspaper’s editorial, with a promise that readers “will notice a stronger ‘weekend’ feel to their newspaper with additional focus on relaxation and indulgence”. With that in mind, I would also echo its appeal to retailers to remember that iweekend should remain on sale during Sunday too.”
For more information about this price change, including new barcode details, download the trade letter