Industry Analysis & Industry Trends
Industry operators primarily sell newspapers, books, magazines or religious publications and periodicals. Newspaper and book retailers have faced tough trading conditions over the past five years owing to a decline in the sale of printed publications and growth in the volume of sales lost to international e-tailers. Industry trading conditions were also affected by continued competition from external operators, including supermarkets, department stores, convenience stores and stationery retailers. The challenging operating landscape is expected to culminate in industry revenue declining by an annualised 4.9% in the five years through 2012-13. Consumer demand for newspaper and book products over the past five years has also been influenced by trends in key drivers, i.e... purchase to read more
Industry Report - Industry Analysis Chapter
Newspaper and book retailers have faced a challenging environment over the past five years with sales expected to contract by an annualised 4.9% through 2012-13. Industry operators principally retail newspapers, books, magazines or religious publications and periodicals. A shift by consumers towards online content from printed publications, mounting competition from external players and the erosion of product margins have negatively affected the industry. Operating conditions have also been influenced by changes in real household disposable income, consumer sentiment, trends in internet and catalogue shopping and the overall level of internet connections... purchase to read more