News
Bertrams trading as 'normal' says Woolies
Woolworths has strongly denied reports that major suppliers have temporarily halted trading through Bertrams, while negotiations over credit terms continued, reports the Telegraph. Trade was continuing "as normal" insisted the spokesman.
The withdrawal of insurance cover for Bertrams has forced publishers to demand quicker payment, as The Bookseller reported yesterday (2nd October), leading some, such as Hachette Distribution, to temporarily halt supply as new terms are agreed.
It was expected that supply could recommence later this week. According to the Telegraph update, one publishing executive claimed that they had suspended deliveries and that publishers were hoping to work out a deal soon. "It certainly isn't just us who are temporarily suspending supply," she said.
See Also
Related
- Sugar acquires stake in Woolworth's
- 'Disappointing' six months at Woolies
- Concern grows over EUK supply
- Cuts likely at Woolies
- More could bid for Woolies
Book news from the BBC
- Ugly tale of triumph over trials
- Businesses suffer as Thais protest
- Britons still stuck in Thai chaos
- Bath return for Chris Patten
- Girl writes new Famous Five book
Latest Comments
- The Folio Society version is rather exquisite....
- Bertrams have been good to me as a debut author and new publisher, giving...
- Any well run independent bookshop will already have many channels of supply...
- imatree, I don't see Hachette supply being any more than a short term...
- Speaking very personally, it appears that once again the BA is not going...
RSS
Subscriber Content