Australian Newsagency Blog

If data from a sample group of newsagents is reflected across the channel, newsagents were supplied with close to $4 million worth of dubious value magazine stock last Friday (June 30). That is, stock outside the usual range for these stores. In my own store I have been hit with more than $3,000 in stock which will, for the most part, fail. While newsagents can return unsold magazines, the cash is out of their businesses for up to eight weeks, imposing a cash drain many cannot afford. This gross oversupply stock newsagents being able to effectively manage and display the growth titles.