Grocers agree to put time limit on supplier payments

The agreement marks the first industry-wide deal negotiated by Tacon, the industry’s first independent adjudicator.

Major grocers including Aldi and Asda have agreed to cut the time they will backdate payments from six years to two, following pressure from the Groceries Code Adjudicator.

Subscription content

Please sign in now if you have a subscription

Retail Week

Subscribe now for full access or register now to continue reading

Retail Week is the most trusted source of business intelligence for the retail industry. Subscribe now to enjoy:

  • Unlimited access to
  • Expert analysis and in-depth industry reports
  • Exclusive newsletters and breaking news alerts
  • Retail Week magazine

Discover Retail Week subscribe now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.