Comet to charge suppliers for shelf space

Reports have emerged that Kesa-owned UK electrical retailer Comet is looking to charge its suppliers for shelf space in its stores.

MarketingWeek reports that the retailer is demanding sums as high as 15,000 from suppliers to get their products into stores across the country.

Speaking to MCV, a spokesperson for Comet would not confirm or deny the claims specifically, but did state: We can confirm that we are in negotiations with our suppliers. These discussions are commercially sensitive and we will not comment on any of the details.

In these challenging times our customers are looking for good value and it is our role to negotiate the best possible deals on their behalf.”

The news comes not long after the chain reported an 8m loss for the six months ending October – markedly down on the 10m profit seen in the same period a year before.

About MCV Staff

Check Also

trop [Industry news] Trophy Games Makes Its Largest Acquisition Ever - and Upgrades Its Outlook

[Industry news] Trophy Games Makes Its Largest Acquisition Ever – and Upgrades Its Outlook

The Danish publicly traded computer game company Trophy Games is acquiring the French game developer Playrion from Paradox Interactive. This is the largest acquisition in Trophy Games' history and will form the foundation for a new series of simulation games. At the same time, the company is raising its revenue expectations for the year to €22.8-€24.1 million . With the acquisition of French Playrion, Trophy Games gains 30 new employees and a new foundation for future growth.