skip to main content
Find Insight DIY on
* * *

UK DIY News

Homebase puts pressure on suppliers

Sources from across the industry have been contacting the Insight DIY offices this week, informing us of letters received in the last seven days from Homebase.

The letters, from Paul Emslie, Homebase Commercial Director, begin by wishing the suppliers Happy New Year and then 'informing' them that from the 1st March 2014, they will be amending their standard trading terms to include an additional rebate for all orders placed on or after that date.

They also state in the same letters that they wish to 'discuss and agree' changes to the supplier payment terms.

Following hot on the heels of a similar initiative from Topps Tiles last year, now that the market is starting to pick up, suppliers should be aware that this will again become an increasing trend from retailers desperate to improve their margins.

If you'd like to send us your views, please email us through the Contact Us page on the Insight DIY website.

31 January 2014
view more UK DIY News
*

Insight provides a host of information I need on many of our company’s largest customers. I use this information regularly with my team, both at a local level as well as with our other international operations. It’s extremely useful when sharing market intelligence information with our corporate office.

*
Paul Boyce - European CEO, QEP Ltd.
Newsletters

Don't miss out on all the latest, breaking news from the DIY industry