B&Q attacked over pay-to-stay ‘threats’ - So many SMEs are pushed into insolvency by B&Q

B&Q is facing claims that it threatened its suppliers by demanding they pay hundreds of thousands of pounds to stay on its books.


Terry Clark's company suffered badly at the hands of B&Q as have many other suppliers

The DIY giant approached companies demanding contributions to an “investment-for-growth” programme, an investigation by The Times has revealed.

One supplier described the move as a “massively underhand cash grab”.

The retailer, which is owned by FTSE 100-listed Kingfisher, has taken a harder line with its supply chain after the appointment of Darren Blackhurst, the former Asda and Tesco Executive

Continue reading: http://www.thetimes.co.uk/tto/business/industries/retailing/article4366920.ece