Tag Archives: Third

Supermarket value war squeezes small supplier profit margins by a third

Smaller sized suppliers with turnover beneath £25m are losing out. Photograph: Matt Cardy/Getty Pictures

Small UK meals suppliers and farmers are coming beneath growing stress from Britain’s supermarket value war, with their profit margins reduce by far more than a third even though those at bigger competitors have widened, according to research.

Commercial lawyers EMW mentioned small suppliers with an annual turnover below £25m lacked the negotiating power of large rivals and as a result, their profit margins fell last year from three.5% to 2.1%. By contrast, at the biggest meals businesses, whose turnover tops £1bn, margins improved from five.2% to five.4%final year.

Connected: Supermarket price war requires toll on UK meals suppliers

A lot of farmers and other meals suppliers are battling for survival. A study earlier this year discovered that the quantity of those strugging to keep afloat had leapt by a lot more than 50%, with more than 1,600 growers and suppliers in “significant” financial distress in the three months to the end of June, according to the insolvency specialists Begbies Traynor.

Sebastian Calnan, a consultant at EMW, stated: “Smaller suppliers are 1 of the primary casualties of the supermarket price tag war. These SMEs [tiny to medium enterprises] tend to have a smaller sized number of contracts, so uncover themselves in an impossible position when they come to the negotiating table.

“Larger suppliers frequently really feel far more confident about pushing back against the supermarkets due to the fact they have a stronger market place position and greater demand for their items. SMEs are typically also afraid of losing what might be their most significant contract, so there is typically substantial pressure from the supermarkets on smaller sized suppliers to accept contracts with unfavourable terms.”

Britain’s big 4 supermarkets – Tesco, Asda, Sainsbury’s and Morrisons – have slashed rates on thousands of goods in a battle for consumers with the discount chains Aldi and Lidl, whose combined marketplace share passed ten% in the most current snapshot of grocery sales.

Related: Aldi and Lidl continue to march ahead of huge 4 rivals

Several supermarkets and large retailers are reliant on “commercial income” – income received from suppliers to stock certain items – to boost earnings. Usually this indicates that a supplier pays rebates to the retailer based on the quantity of a item that has been sold.

Calnan stated: “Many suppliers do not feel they are in a position to resist the supermarkets’ demands for rebates. Presently, the partnership among supermarkets and their smaller suppliers is not as equitable as it must be. In several situations, there is the perverse predicament exactly where the more well-known a item is with buyers, the much more income the supplier has to return to the supermarket.”

The latest figures from Britain’s grocery market watchdog, the Groceries Code Adjudicator, suggest there has been a fall in the number of suppliers reporting problems with supermarkets, but this does not appear to have improved the fortunes of the smaller finish of the sector.

Bandar Sabung Ayam

Agen Sabung Ayam – Third Physique Is Found in Rubble of Police Raid Close to Paris

Agen Sabung Ayam

PARIS — The French authorities said on Friday that they had discovered a third body in the wreckage of an apartment after the police raid that killed Abdelhamid Abaaoud, the Belgian militant suspected of planning the Paris terror attacks.

Mr. Abaaoud’s cousin Hasna Aitboulahcen, 26, also died in the raid on Wednesday, on an apartment in the suburb of St.-Denis; her passport was found in a handbag inside. The third person who died in the raid has not yet been identified, said Agnès Thibault-Lecuivre, a spokeswoman for the Paris prosecutor.

Officials have begun to back away from their initial theory that Ms. Aitboulahcen detonated a suicide vest during the raid, suggesting on Friday that it was the third person in the apartment who did.

The death toll from the Nov. 13 attacks rose to 130 on Friday. President François Hollande announced that he would preside over a tribute to the victims on Nov. 27 at the Invalides, the former military hospital that houses the tomb of Napoleon — an honor that is typically bestowed on French soldiers who die overseas.

Interactive Feature | Share Your Thoughts: Civil Liberties vs. National Security The recent terrorist attacks have reignited a debate in much of the world on the balance between civil liberties and national security. We would like to hear from you on this debate.

Mr. Hollande also received King Mohammed VI of Morocco at the Élysée Palace to thank him for the “efficient assistance” Morocco provided after the attacks. Mr. Abaaoud was a leader of a cell of Belgian militants, mostly of Moroccan descent, who had sworn fidelity to the Islamic State.

French news organizations have reported that Mr. Abaaoud was recorded on a surveillance video at 10:14 p.m. on Nov. 13 at the Croix de Chavaux station on the No. 9 line of the Métro — near the street where the attackers at four restaurants in the 10th and 11th Arrondissements left a black Leon Seat. If confirmed, the video suggests that Mr. Abaaoud had been not only an organizer of the attacks, but also a participant.

On Friday, a lawyer for Mr. Abaaoud’s father, Omar, said he had expressed dismay that his son had not been captured alive, because the family wanted to learn what had happened to a younger son who had been lured to fight for the Islamic State.

“He was expecting for the raid to end very badly,” the lawyer, Nathalie Gallant, told reporters in Brussels. Abdelhamid Abaaoud had persuaded his brother Younes, then 13, to join him in Syria.

Omar Abaaoud’s “only regret is that they didn’t capture him alive so that they could interrogate him,” Ms. Gallant said. “The father hoped to understand how his son could have gone off the tracks, understand why he took Younes with him, where Younes is, and whether he’s still alive or whether he’s dead.”

Moroccan news agencies reported on Friday that another brother, Yassine, who is in jail in Morocco, tipped off Moroccan security services that Abdelhamid was not in Syria — as French intelligence agencies initially believed — but rather in France, leading intelligence agencies to the apartment in St.-Denis.

A senior Moroccan diplomat declined to comment on those reports, saying only that the cooperation between the French and Moroccan intelligence and security services was “very strong,” and that officials in both countries were working together on the investigation in “a very serious and efficient way.”

One of the many unanswered questions in the investigation is the identity of a suicide bomber who entered Greece on Oct. 3 by presenting himself as a refugee with a Syrian passport — probably fake or stolen — and made his way to the French soccer stadium in St.-Denis, and detonated his vest outside. Compounding the mystery, the French authorities concluded on Friday, based on fingerprint analysis, that a second suicide bomber outside the stadium also entered Greece on Oct. 3. (It was not clear how.) The identities of the men are not known.

As the forensic investigation into the St.-Denis raid — a military-style police assault that included drones, robots, assault rifles and grenades — continued, so did a nationwide sweep aimed at preventing another attack.

Interior Minister Bernard Cazeneuve said on Friday that the police had conducted 182 new raids overnight, detaining 17 people and seizing 76 weapons. In total, the police have conducted 793 raids over the past five nights, detaining 90 people.

The French Parliament took the final steps to extend a state of emergency and expand its scope. The Senate, the upper house of Parliament, unanimously passed the legislation on Friday evening, a day after the National Assembly, the lower house, overwhelmingly passed it as well.

In addition to extending the state of emergency for three months, starting on Nov. 26, the bill will strengthen the powers of a 1955 emergency law to allow the dissolution of radical groups running mosques and other places of prayer; the blocking of websites and social media that glorify or incite terrorism; and the use, in certain cases, of electronic monitoring for those placed under house arrest.

Interactive Feature | Known Suspects in Paris Attacks A list of known suspects killed, captured or still at large.

In Belgium, the authorities continued their hunt for a fugitive, Salah Abdeslam, 26, who is believed to have fled after the Paris attacks.

Two Belgians — Hamza Attou, 21, a Brussels native, and Mohamed Amri, 27, who was born in Morocco — appeared in court in Brussels on Friday on charges of participating in a terrorist activity.

Mr. Attou and Mr. Amri, who were detained on Tuesday, are accused of driving Mr. Abdeslam to Brussels after the attacks. Carine Couquelet, a lawyer who is representing Mr. Attou, has said the two men played no role in the assaults. “There are no indications pointing to his culpability,” she said of her client.

The two men received a call at about 2 a.m. after the attacks, Ms. Couquelet said this week, then drove across the border and into Paris and “simply went to get Salah, without knowing” what they were getting into.

Interactive Feature | The Expanding Web of Connections Among the Paris Attackers As many as six of the assailants in the coordinated Islamic State terrorist assault in Paris were Europeans who had traveled to Syria.

When asked what the three had talked about during the ride home to Brussels, Mr. Amri’s lawyer, Xavier Carrette, said that Mr. Abdeslam “appeared stressed out” but did not mention the attacks.

Mr. Amri and Mr. Attou were aware that “something had happened in Paris when they went to get Salah Abdeslam but didn’t suspect anything,” Mr. Carrette said.

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