Reach has been praised for maintaining retail margins during its latest cover-price increases across several national newspapers.
The publisher sent a letter to stores last week, stating it is a “challenging time for the trade”, but passed on its thanks to “retail colleagues for all the support”.
It confirmed that, from 8 May, in the UK (excluding Scotland), the Daily Mirror’s Monday-to-Friday edition would increase by 10p to £1.30, and 10p in Scotland to £1.40. The Saturday Mirror will go up from £1.90 to £2, and the Sunday edition up by the same amount to £2.30.
Across the UK, Monday-to-Friday editions of the Daily Express will go up by 10p to £1.30, while the Saturday edition will rise by 10p to £1.85, and the Sunday edition will rise by the same amount to £2.30.
The Monday-to-Friday editions of the Daily Star will go up by 5p to 85p, with the Saturday edition increasing by 10p to £1.40, and the Sunday edition also up by 10p to £1.70. All margins have been maintained.
The Fed’s head of news, Brian Murphy, told Better Retailing: “The Fed acknowledge that Reach have listened to our recent criticisms of them, and that this is our standard expectation of all suppliers when they implement cover-price increases.”
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