RN is the leading business magazine for independent news and convenience retailers, providing news, actionable advice and real life case studies that can help you turn a profit. Every week, RN provides exclusive information on the magazine sector, while Pricewatch data allows you to compare your prices with fellow independent retailers, and the supermarkets.
Below is a selection of the latest stories from RN that we think you may be interested in.
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Exclusive: Retailers demand fair restitution
Retailers have outlined five demands for a fair compensation system for instances of financial harm caused by news and magazine wholesalers and publishers.
A survey conducted by RN captured the views of 50 retailers, and asked them to choose potential changes to the current process. The research also revealed that nearly 40% of those who filed a claim for restitution in the past year had not received a single pay out.
Exclusive: Booker delistings pave way for Tesco-sourced products
Booker’s delisting of value own-brand products is to make way for the addition of Tesco-quality own label in its symbol group stores, according to industry experts.
The wholesaler’s symbol retailers and unaffiliated customers told RN certain products in its Happy Shopper and Euro Shopper own-label ranges have been delisted with no substitute since August. These include 2l bottles of 35p price-marked cola and lemonade, buttercup syrup, shortcrust pastry, vegetable soup and Irish stew. Additionally, 500g bags of 60p price-marked Euro Shopper granulated sugar have been replaced with a non-price-marked alternative from Whitworths.
Apple subscriptions app poses threat to print
Apple is poised to launch its own subscription app offering a “Netflix for news and magazines”, posing a potential threat to print publications.
Apple has long debated the service, which could be launched as early as spring this year.
A Bloomberg report said: “Apple is trying to woo newspapers such as the Wall Street Journal and New York Times to join Texture, and plans to refine its design, which currently creates an image of what magazines look like in print.
“The news approach is expected to look more like typical online current affairs articles.”
NFRN’s head of news, Brian Murphy, said: “Magazine readers love the cover-to-cover physical experience and need time away from their digital devices, rather than to spend more time on them. While moves to digital cannot be ignored, we should have faith in print and take lessons from other markets.
“The physical bookmarket is very buoyant, as are the traditional media streams of BBC and ITV – they don’t over-worry about Netflix.
“Publishers need to remember that profitable ventures from online enterprises are not commonplace and that choice on the newsstand and being able to browse is still what consumers really want.”