Home' The Channel Magazine : July 2011 Contents National Newsagent July 2011
A&R AND BORDERS
STORES TO CLOSE
The nine remaining Borders bookstores
throughout Australia are set to close,
costing 315 people their jobs, and the
administrator of Angus & Robertson has
axed 519 workers.
Borders has offered up to 40% off
the original prices of all stock but notes
it is “business as usual” for the chain’s
Four of the affected Borders stores are
in Melbourne: Chadstone, Carlton, Knox
and Melbourne Central.
The other stores are Sydney’s Bondi
Junction, Canberra and Perth city stores,
and Chermside and Robina in Queensland.
The administrator of Angus &
Robertson, John Melluish of Ferrier
Hodgson said 42 stores owned by the failed
REDGroup would close within four weeks
and 19 other stores would be sold by the
end of June.
The Federal Minister for Small
Business Nick Sherry predicted that
online shopping would wipe out general
bookstores within five years.
The minister said that he expected that
only specialist players in capital cities
Book sellers around the country
disagreed with Senator Sherry’s
assessment whilst others suggested that
it was evolutionary and most books would
eventually be sold only in digital format.
SMALL BUSINESS WELCOMES COALITION
The Council of Small Business Organisations of Australia
has welcomed the Coalition’s plans for the Tax Office to process
superannuation payments on behalf of small business, dubbing the
proposal the “first real removal of red tape for the sector in memory. ”
The Coalition proposes allowing small businesses to transfer
its entire employee entitlements to the Australian Taxation Office,
which will then distribute the payments to the relevant super funds.
COSBOA executive director Peter Strong said the proposal will
save SMEs time, effort and money.
“It’s so sensible; there are no losers,” Strong says. “We’ve been
pushing this for years. ”
UK GOVERNMENT LOOKS AT FAILING
The UK Government has appointed ‘Queen of the Shops’ , Mary
Portas to review the future of English high street shops. With town
centre vacancy rates doubling over the past two years, the need
to take action to save our high streets has never been starker,”
She is calling on business, local authorities and shoppers to
contribute their ideas on how to halt the decline.
The ‘My shop is your shop“ campaign is already in action
and a Little Book of Big Ideas, with a host of ideas to help
stores promote themselves, is available during National
THE 11TH ANNUAL
Connections members will pack into
the Sheraton on the Park Ballroom on
Thursday, August 11 as the 11th Annual
Connections Conference, themed MASTER
CLASS TWENTY ELEVEN, promises a
motivating day of business development
and invaluable networking opportunities.
MASTER CLASS TWENTY ELEVEN will
bring the best of the best into one jam
Over the course of the one day
program, Connections Members will hear
from a selection of well known keynote
speakers that have excelled in their
Connections is excited to have an
esteemed and experienced entertainer,
Vince Sorrenti, to host this year’s
DELIVERY FEE INCREASE IN NT
The Northern Territory News has advised
newsagents of an increase in delivery fees
applicable from Friday 1 July 2011.
The home delivery fee for the NT News
and Sunday Territorian as well as for The
Australian will be increased across all days
of the week with the 7-day rate increased
by 5% from $1.40 to $1.47 , an increase of 7
cents including GST.
NT News requested that agents send a
letter to each home delivery customer with
their next mail-out of customer statements,
outlining the reasons for the change.
The Australian Newsagents’ Federation
welcomes the new style magazine
distribution contract put forward by Fairfax’s
Integrated Publications Solutions (IPS).
Newsagents have been crippled under
the weight of excess supply of niche titles
coupled with insufficient supply of the popular
magazines now diverted to supermarkets
and this new contract is designed to promote
change, create sustainability and increase
profitability for all stakeholders.
New trading terms have been designed
to eliminate wastage by reducing the
oversupply of magazines into the market. The
focus of IPS is operational efficiencies and
this begins by maximising sales efficiencies
for each publication. A reduction in the
copies distributed into the market will lead
to reduce costs of production for publishers,
reduce costs in transportation and
distribution for IPS, and reduce over supply
and cash flow implications for newsagents.
ANF CEO Alfonso Maccioni said that he
hoped that the opportunity to determine
the supply levels of magazines will lead to
a more positive and profitable relationship
for the magazines distributed by IPS. “It is
up to the newsagents to embrace this and
drive the change they have for so long been
demanding. There may be teething problems
and we welcome any feedback from
newsagents – only by embracing this can we
expect to see change in the way magazines
NEW MAGAZINE DISTRIBUTION SYSTEM FOR NEWSAGENTS
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