Last week we bought a newsagency on Glenferrie Road Malvern in Victoria. It had been in the same family for almost 40 years and had stayed true to the traditions of years ago. We will take the same approach we did with the business we bought in Mount Waverley Victoria three years ago: slow and steady change, based on data, with a minimal capex budget and ensuring to not leave existing customers behind.
Here’s a short video I shot on day 2.
Already this week the shops is looking different. Each day it is changing, but with baby steps.
We are grateful to the family for the opportunity to pick up from where they left off serving Malvern shoppers.
Oh, and before the folks at Newspower shoot off a letter, the sign people are booked to remove the logo. Being Christmas and all accessing them has been challenging.
From your video looks like lots of floor space and with plenty of opportunity for new product lines & growth. Congrats on the acquisition..