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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Why the closure of Now magazine puts the future of celeb weeklies into doubt
The future of women’s weekly magazines has been called into question after publisher TI Media announced its magazine title Now will be closing.
In the announcement last week, TI Media blamed the closure on falling circulation in recent months, as well as readers seeking news from digital outlets.
Angie O’Farrell, group managing director, lifestyle and women’s weeklies at TI Media, said: “The changing dynamics of the celebrity market – with consumers increasingly getting their fix of celeb news and gossip from other sources that can break stories immediately – means this audience is buying fewer and fewer magazines.
“As the recent closures highlight, this is putting the celebrity magazine market under relentless pressure.”
Post Office tried to use government money to fund Horizon defence
The Post Office (PO) attempted to use government funding earmarked to help transform subpostmaster’s stores on its legal defence against subpostmasters in the Horizon case.
Booker retailers increase sales after joining new tobacco club
Booker symbol group retailers have increased their weekly cigarette sales a month on from joining the wholesaler’s tobacco club.
Premier, Family Shopper and Londis retailers were first able to apply to join the club at the end of last month.
Seelan Thambirajah, who runs 15 Premier stores across Derbyshire, Bedfordshire and Lincolnshire, told RN the club has helped increase weekly tobacco sales across his shops by £4,000. “I joined the tobacco club a month ago when it started and I’ve noticed a difference to my sales,” he said.
“My stores are based in low-income areas, and customers have been saying my prices are competitive when you compare them with nearby shops such as Tesco.
“It’s better for my overheads as well because my sales are going up while the price I pay on those particular lines is cheaper.”