A phenomenon in the latest newsagency sales benchmark study is the increase in newspaper revenue for many newsagency businesses where unit sales of newspapers declined. This speaks to the considerable increase in cover prices over what was being charged a year ago. If only newspaper publishers had acted on newspaper prices sooner – we’d have all been better off.
Hi Mark revenue may be up but is profit up as we are now based on a per paper payment not turnover?
Andy retail newsagents should be ahead as their situation has always been on Gp per unit sold.