The stationery play by Harvey Norman, is not going away as some newsagents expected. An announcement a few days ago is evidence they are finalising supplier arrangements. I hear that a March opening for the first two stores is the plan with fifty by year’s end. Now is the time for newsagents to redouble attention on stationery.
Also interesting to track the Supanews and A& R concept, given that the Fin . Review on Friday reported that the A and R bookstore chain posted a $960,000 loss across their 180 stores.