Category: World
world
Payments for purchases of illegal tobacco in the frame
Payday News has published about payments processing in shops selling illegal tobacco: Illegal tobacco stores are popping up around the country in what is fast becoming multi-billion dollar market for organised crime which appears to be serviced by multiple banks and fintechs for payments. What are the legal obligations on acquirers, PSPs and card schemes? An investigation by Payday News last week revealed that a large number of illegal tobacco outlets are using card payments terminals provided by banks and fintechs to sell their illegal products which, according to experts, could have serious legal implications. Some of these shops also ... Read more
ACM’s Newcastle Herald digs a new low with front page transphobic ad
The apology issued by ACM Media following the publishing of the ad feels inadequate. At the very least, their ad process is broken. At worst, they knew what they were doing and were happy to sell their space. In my opinion, this ad is wilfully ignorant, offensive and appalling. If I had this newspaper in my shop I’d misplace the entire delivery until returns time. The ad fails the company’s own published values, which include: Kind – Being considerate, well-intentioned and thoughtful to others We are considerate and well-intentioned toward colleagues, clients, customers and communities We seek to create understanding and ... Read more
‘Sick of it’: Liberals pledge to scale back welcome to country ceremonies
Peter Dutton strongly condemned the actions of neo-Nazis attending the Shrine of Remembrance in Melbourne on Friday, who heckled and booed during the Welcome to Country ceremony. But Mr Dutton and Liberal frontbencher Jacinta Nampijinpa Price have previously backed scaling back the use of Welcome to Country ceremonies, with Senator Price warning people are “sick if it”. Amid the Shrine clash and a fresh furore over claims the NRL’s Melbourne Storm “cancelled” the welcome at AAMI Park on Friday the topic is back on the agenda. Wurundjeri elder Aunty Joy Murphy was scheduled to perform the service at the match ... Read more
AI tools in newsagency software help newsagents thrive
There have been considerable advances in Artificial Intelligence (AI) tools newsagents now have access to through their Tower Systems newsagency software, tools better and nimbler than what some big retailers have. I mention this today as there is plenty of noise about AI with only few software companies actually delivering. I am grateful to note that Tower Systems has been delivering AI tools for newsagents since 2022. AI innovations are engineered to drive operational efficiency and enhance sales revenue for retailers, like newsagents. Optimised product listings: AI-generated, SEO-friendly product descriptions, enhancing online visibility and driving consumer demand. Strategic content marketing: ... Read more
Kudos to Golf Australia for promoting newsagents
The Players Championship takes centre stage this weekend and then it’s … THE MASTERS. Don’t miss our epic APRIL 2025 EDITION, with profiles, history, course analysis, opinions and more. At newsagents and airports RIGHT NOW. #Masters #Augusta #Rory #AussieGolf pic.twitter.com/tB0iPl7eYR — GolfAustraliaMag (@GolfAustMag) March 12, 2025 Source link
Quitting MYKI in the newsagency, another agency line
We will stop offering all MYKI services including card top-up from the end of March. For years, offering MYKI services has been loss making, costing us more in time than the government pays. Most MYKI customers don’t buy anything else, making it hard to justify the service. We’re a business and need to pay our staff as well as rent and other overheads. MYKI is not commercially viable for us. We understand this will be disappointing. By letting you know now you have time to consider other locations for your MYKI services. Thank you. Your newsXpress Malvern crew. This is ... Read more
Trump tariff moves starting to impact prices in Australia
I have been contacted by two suppliers in the last few days with notice that their prices are increasing as a result of tariffs imposed y the Trump administration. Despite the claims by Trump, tariffs are paid by the importer, who passes them on in a higher cost of goods. One supplier has advised there will be price increases they are yet to calculate while another US based supplier has written with details on an increase to apply from April 1. Screenshot Given the routes some goods go through, priced paid in Australia by some suppliers will increase. While some ... Read more
The art of the deal: negotiating the sale of your newsagency in 2025
Never sell your business for a price unacceptable for you. I have seen newsagents sell recently for a price considerably lower than they wanted and then in the lead up to settlement lash out at others in the channel, not about the price but on other things because of the anger they have at selling for the low price. The price you sell your business is the price you agree to sell your business for. If you are unhappy with the price, you can say no. If you are desperate to get out of the business and have only one ... Read more
If your newsagency is like most, 20% of the stock you have is dead
It takes less than a minute to see the value of dead stock in your newsagency. Your newsagency software can give you the number and, if you want, list the items that are not selling and have not sold in six months or more. In the Tower Systems newsagency software the insights dashboard has the dead stock data ready for you without you having to run a report. Too many newsagents say dead stock is not an issue for them when it is an issue. Too many newsagents prefer to live in ignorance than know their real situation. These same ... Read more
Who needs a lottery shop when you can buy your ticket from a vending machine
Here’s my transaction at Walmart a couple of days ago. Fast. Easy. You can buy any prodct from the number games through to scratchies. No age checking. The post Who needs a lottery shop when you can buy your ticket from a vending machine first appeared on Australian Newsagency Blog. Source link