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Pounds taken at its tills now buy fewer dollars because of the slide in sterling. Delaying payments to suppliers has become a common tactic used by retailers seeking financial breathing space. It boosts the cash in their businesses but hurts smaller manufacturers who are forced to wait longer for payment. Some have to borrow to pay staff and settle bills. In some cases it causes cashflow issues and can make the difference between the survival and failure. One Asda supplier, who asked not to be named, said: Asda already drives a hard bargain on price so this is all the more irritating in what are difficult trading conditions. We will have to wait another 30 days to pay our suppliers and staff. If someone delays paying us how are we supposed to pay our bills? Mike Cherry, chairman of the Federation of Small Businesses, said: Poor payment practices by big firms are responsible for killing off thousands of smaller businesses a year and threatening the existence of many others. This yet again highlights the need for a crackdown on late payments, which I hope will be top of the list for the governments new small business commissioner. Asda has been under intense pressure to reverse its fortunes after food shoppers flocked to discounters Aldi and Lidl and customers looking for cheap clothes migrated to Primark. It is the weakest of the big four grocers and its sales have lagged behind Tesco, Sainsburys เสื้อครอบครัว and Morrisons. Last month it posted its 10th consecutive quarter of negative sales growth.
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A Canadian town has apologised after a water treatment plan turned the water supply pink. Residents of Onoway, Alberta, complained to the town office when taps began running pink water on Monday. In a statement, Mayor Dale Krasnow said there was no public health risk but the town "could have done a better job communicating what was going on". The mayor said it was the unfortunate side-effect of a common water-treatment chemical, potassium permanganate. The chemical is commonly used to remove iron and hydrogen sulphide from water, and the town office said it got into the reservoir when a valve malfunctioned during "normal line flushing and filter backwashing". "The reservoir was drained, however some of the chemical still made it into the distribution system. "While it is alarming to see pink water coming from your taps, potassium permanganate is used in normal treatment processes to help remove iron and manganese and residents were never at risk." The chemical can cause skin irritation, according to the World Health Organization, but there were no reports of any adverse effects. Complaints were more about being kept in the dark - residents said they were annoyed they were not told why the water was florescent pink until Tuesday morning. "This is a situation we can certainly learn from and develop a strategy for better response and communication should we ever face the same or similar situation in the future," the mayor said.
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