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

NPD

Nintendo Switch, Call of Duty: Black Ops Cold War and PS5 DualSense, lead another record-breaking month at US retail

And the PS5 is the fastest selling console in US history in both unit and dollar sales