Australian Newsagency Blog

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Will you store Christmas 2016 stock for next year?

Mark Fletcher
December 28th, 2016 · 3 Comments

Each season we quit everything that has not sold so the next time the season comes around we start afresh. Space is a factor – storage space is expensive in shopping centre space. But outside of the space issue, it is good business practice.

I’d love to hear from others as to what they do.

Do you store what did not sell in a season for the next time that season comes around? Or, do you quit everything and start afresh?

Our competitors quit everything. They like to start each season fresh. If we want to compete with them it is what we must do.

9 likes

Category: Newsagency management

3 responses so far ↓

  • 1 Peter B // Dec 28, 2016 at 11:25 AM

    We try to quit stock but what is left we store for next year if saleable.

    Christmas ordering is all done using the previous years sales data from Tower so there is usually not much stock left.

    0 likes

  • 2 Ian // Dec 28, 2016 at 9:55 PM

    \should not have an stock left. Don’t try, just do it. Majors selling $160 trees etc for $30 Christmas eve. Bon Bons $5. Need to start fresh for next season. Never stored for later.

    0 likes

  • 3 Eric // Dec 29, 2016 at 11:42 AM

    Our xmas gift sales 80% up . So we purchase stock by instinct not by data.

    0 likes

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