The NFRN has welcomed a cash injection from News UK, with the price of its Sun on Sunday publication rising this weekend (Sunday July 9) and retail margins maintained at 21 per cent.
This means that with the new £1.10 cover price, retailer will now earn 23p per copy.
National President Linda Sood said “Addressing Annual Conference last month I said that while the news category was still hugely important publishers, wholesalers and retailers had to work together if newsstands were to remain at the front of stores and if home news delivery was to continue.
“This good news from the publisher of the Sun on Sunday also comes quickly on the heels of the new Sun Savers initiative to drive readers into stores. We are pleased that News UK wants to work positively with its retail partners and I would urge members to reciprocate by giving the Sun on Sunday their full support.
“News UK’s actions are in complete contrast to those of regional newspaper publisher Johnston Press. By hiking cover prices and slashing retail margins to as low as 10 per cent on some of its newspapers, it will now have to work even harder than before to regain the trust of retailers and, more importantly, space on their news fixtures.”