Subscribe Login

Albert Heijn Asks Suppliers To Take 2% Cut

By Publications Checkout
Albert Heijn Asks Suppliers To Take 2% Cut

Dutch retailer Ahold has infuriated suppliers by announcing that it expects a 2% reduction on bulk buy purchases this month from suppliers to its Albert Heijn chain. In a letter to suppliers, the company wrote: 'As a supplier, you grow with us. To facilitate this growth, we think it is fitting that you make an appropriate contribution.'

As one farming industry spokesperson told a Dutch newspaper, the decision means that "family firms which deliver to Albert Heijn make a profit of between 1pc and 2pc will become loss-making." Commenting, Amsterdam University law professor Edgar du Perron said the controversial move has no legal basis in Dutch law. "But you can always have a go and see how the other side reacts. Albert Heijn would appear to have that much power," he added.

Stay Connected With Our Weekly Newsletter

Processing your request...

Thanks! please check your email to confirm your subscription.