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

What did June 30 cost newsagents

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.

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