Industry Analysis & Industry Trends
Newspaper and book retailers have faced tough trading conditions over the past five years due to a decline in the sale of printed publications and growth in the volume of sales lost to international e-tailers. Industry trading conditions have been affected by competition from external operators, including supermarkets and department stores. The challenging operating landscape has culminated in industry revenue declining. Revenue is estimated to drop at an annualised 5.7% over the five years through 2014-15. Consumer demand for newspapers has been influenced by trends in real household discretionary income, consumer sentiment, internet connections and the volume of shopping done via internet sites. Industry revenue is forecast to fall by 4.1% in 2014-15, to $4.1 billion... purchase to read more
Industry Report - Industry Locations Chapter
The geographic spread of operators across the industry is primarily driven by the population distribution of each state. Consumers or households are the main market for the industry. As a result, the relative population share of each state along with their proximity to shopping strips determines the current and prospective location of operators across the industry. In a bid to maximise store revenue, operators tend to seek locations that offer substantial passing traffic and exposes the store to impulse shopping and convenience buying.
The majority of establishments for the industry are located in New South Wales, followed by Victoria and Queensland... purchase to read more