Booker is to increase the minimum spend for its Spend & Save rebate scheme, while including vape purchases in the qualifying spend for the loyalty scheme.
The wholesaler sent letters, seen by our sister website betterRetailing, to Budgens stores communicating the changes from 20 February, while Premier retailers were also informed by their retail development managers.
Read more: Former One Stop boss appointed Booker COO
The changes mean symbol stores will have to spend more to across a four-week period to qualify for varying discounts across different bands. For Premier stores, the changes are:
Qualifying spend for 0.5% rebate to change from £10,000 – £14,999 to £11,500 – £17,249
1% to change from £15,000 – £24,999 to £17,250 – £28,749
2% to change from £25,000 – £34,999 to £28,750 – £40,249
3% to change from £35,000 – £44,999 to £40,250 – £51,749
4% to change from £45,000 – £54,999 to £51,750 – £63,249
5% to change from £55,000+ to £63,250+
Meanwhile, Budgens stores have an additional 6% rebate, with tiers differing from other symbols. One of the group’s retailers claimed the threshold for the 6% rebate is to increase from £65,000+ to £74,750+. Londis retailers told betterRetailing the were unaware of any changes to their rebates.
Booker has been approached for comment.
