A blog on issues affecting Australia's newsagents, media and small business generally. More ...

Landlords price themselves out

I am aware of four new or extended (major) shopping centres which do not have a newsagency. I am sure there are more than these four. In each case, the landlord has offered the space to a cast of prospective newsagent tenants and each has said no. In two cases, the newsagent prospects went back and said no to a traditional newsagency but yes to a hybrid model which pursued a higher than the usual newsagency GP.

Landlords need to be flexible with the definition of a newsagency otherwise they will find their centres left without any reasonable representation of a newsagency. The days of the traditional newspapers, magazines, cards, stationery and lottery offer are fading. Like all good retail, our model is changing. Now if only landlords would allow that to happen.

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Newsagency challenges

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