Stokrotka markets demand discount from suppliers

Stokrotka, a chain of supermarkets, has issued a letter in which it demands a rebate of 1.4 percent from its suppliers effective as of September 1. The company explained that the main reason for the request is the new retail tax coming into force in September. The new levy encompasses two rates: of 0.8 percent for turnover between PLN 17 and PLN 70 million and 1.4 percent for turnover above PLN 170 million, with PLN 17 million tax-free turnover.

The retailer said that without the extra discount, the competitiveness of the chain would substantially degrade and it will be forced to make a verification of its commercial offer and gradually decrease the volume of sales of products.

Stokrotka has 320 outlets nation-wide.