Comet now charging listing fees to suppliers
Comet parent company, Kesa, is reportedly telling suppliers they must pay listing fees to have their products displayed on shelf. Commercial director Bob Darke told suppliers that starting in 2009 they would have to pay a listing fee as well as a 2% discount on invoices.
The FT mentions example fees of £15,400 for white goods and £5,000 for a toaster. However, the listing fees will not cover all goods displayed.
The fee on listing model has been central to DSGi's supplier pricing over the years however Comet has previously avoided applying the same model to their suppliers.
[Financial Times] - Thanks Mike!
TOPICS: High Street News