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Alexon demands supplier discounts

Alexon has sent a letter to suppliers demanding discounts for its Ann Harvey and Bay Trading chains.

Alexon is understood to have asked for a 3% discount on order for Bay Trading. Bay Trading is not thought to impose any supplier discounts at present, and the 3% discount would bring its terms much closer to its competitors.

In addition Alexon has demanded a 5% increase on discount for Ann Harvey for deliveries on November 10.

Alexon said in a statement: "In the main our supplier discount terms are significantly lower than the industry average. This change is bringing us more in line which is particularly important given the current economic environment."

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