This article (behind a paywall) by The Currency is fascinating. 12.5% GP for a product achieving declining sales and with a high business carrying cost is weighing on the minds of plenty of retailers.
I wonder how many in publishing companies in Australia wonder about this.
The fear in the newspaper industry is that the retail model will eventually break down, and they will run out of retailers even before they run out of print readers.
Based on dumb decisions by senior managers in newspaper publishing companies that have hurt retailers in recent years, I guess not many.
Newspaper publishers need to make it appealing to stock their product. They demonstrate little understanding of this. Their approach continues to be rooted history, when having newspapers actually mattered to the future of a ‘newsagency’, when those men, yes it was pretty much always men, representing newsagents approached newspaper publishers tugging their forelock.