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Independent retailers welcome weekend paper price increases

News retailers have welcomed a move by publishers DMG Media and Reach to include pro rata percentage profit margins as part of price increases to their… View Article

GENERAL MERCHANDISE NEWS

Independent retailers welcome weekend paper price increases

News retailers have welcomed a move by publishers DMG Media and Reach to include pro rata percentage profit margins as part of price increases to their weekend newspaper titles.

From Saturday 12 March, some of the UK’s best-selling Saturday and Sunday newspapers will be raising their cover prices by 10p each day. This will include the Saturday’s Daily Mail and The Mail on Sunday moving to £1.20 and £1.90 respectively. The same will apply to Saturday’s Scottish Daily Mail, The Scottish Mail on Sunday and the weekend editions of the Irish Mail, in Northern Ireland only.

Meanwhile, prices for copies of the Sunday Mirror and Sunday People will go up from £1.90 to £2.

The Federation of Independent Retailers president Narinder Randhawa said: “This is great news. At a time when The Telegraph is reducing its profit margins for retailers, it is pleasing to see that DMG Media and Reach recognise the importance of all parts of the supply chain working in harmony and are listening to meet the expectations of retail partners.

“We urge our members to confirm their support for these best-selling titles by positioning them prominently on their displays to drive sales event further.”

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