In one of my newsagencies confectionery is not strong enough to justify premium counter space so we have been trying more impulse purchase items. Our requirements are 50% GP or more, rapid turn and small footprint. These USB car chargers are ideal for our purpose – easily understood, good margin and good price point. We’re making more money from these than we make selling chocolate bars.
I appreciate our situation is not common in that most newsagents continue to enjoy success with chocolate at the counter. I expect that newsagencies in shopping centres will sell less confectionery in the future with the growth in convenience stores and stronger competition from new generation petrol outlets.