Arcadia raises supplier discount demand

‘Small business groups have criticised Philip Green’s Arcadia after the conglomerate demanded an additional 2% discount from suppliers. The Forum of Private Business said the higher discount could lead to “job losses in very good businesses, including some of our members”. Suppliers will now be required to cut their bills by up to 16.25%. An Arcadia spokesman said: “Treating suppliers fairly, being reliable and paying on the due date is something we pride ourselves on. This is the first change in [our payment] terms in 12 years.”

Source: Financial TimesThe Times

Here’s an idea. Next time you’re in one of Mr Green’s establishments (we understand that they include Burtons, BHS, Topshop, Wallis and others), try knocking 16.25% off the asking price. He can hardly refuse, can he?

By the way, given that Mr Green’s business empire shares its name with one of Greece’s Peloponnesian prefectures, the emphasis on its reliability and commitment to paying on the due date has the kind of irony which always delights us here at BKL.



Sam Inkersole

In 2022, Sam won the Taxation’s Rising Star award at the Taxation Awards in and was named in the Accountancy Age 35 Under 35.

Jon Wedge

While Jon’s client work focuses on the financial services sector, he also oversees the firm’s assurance service, as well as supporting the trainees following in his footsteps.


Elana joined us in 2017 as an ACA trainee, after graduating from Durham University where she had studied languages. She is now a manager in our assurance team.


By submitting this form, the data provided will be used to perform your request according to our privacy policy.