Newspaper publisher Reach has further demonstrated its support for independent retailers with forthcoming cover price rises on the Sunday Mirror and People accompanied by pro rata retail margin increases.
From Sunday (June 3) both papers will increase by 10p to £1.60 and stockists will see the terms they receive rise from 31.5p to 33.6p.
Announcing the move, John Howard, Reach’s Newspaper Sales Director for its national titles, said: “Newsagents’ support is much valued here at Reach and we thank you in advance for the continued co-operation that UK newsagents give to all of our titles.”
This latest shot in the arms follows a pledge from Reach to deliver more copies of its titles into news wholesalers earlier to address independent retailers’ concerns about late deliveries.
It also follows the launch of the new joint Reach and NFRN Community Champion initiative to reward Federation members who go that extra mile for their customers and communities.
Commenting, NFRN National President Linda Sood said: “Through a hat trick of positive initiatives, Reach is demonstrating real support for news retailers and this is warmly welcomed by NFRN members.”
Download the trade letter for price and barcode details.