Category: World

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

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

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

Anthony Albanese will pledge $25m to help more than 90,000 students learn a second language through community programs delivered after school hours. The funding will support about 600 community schools across Australia, which help students learn or maintain a second language. About $5m of the funding will go toward specialist Asian languages to help students become fluent in languages like Mandarin, Vietnamese, Japanese, and Korean. The Prime Minister is set to make the announcement in Melbourne, where he will continue campaigning on Saturday. Mr Albanese said the funding boost to help native and non-native speakers develop a second language Asian ... Read more

I was in orange County, California, a few days ago and happened see The Potting Shed by Carlisle. I’d never heard of the shop before and was drawn. It looked appealing. Anyway, I soon found myself in an excellent local retail business. Takeaways for newsagents from what I saw are: playing outside your shingle is a smart move, upcycling everyday items for product placement and display is smart, not collecting all products from a category in one space is good and working with local makers to provide tastings and viewings reinforces your localness. While The Potting Shed by Carlisle is ... Read more

In 0ur suburban Melbourne newsagency, March 2025 was a good month, up on 2024 and some terrific results for previously challenged categories. But first, some context: this is a high street shop in Malvern, Victoria. It does not sell lotteries, candy at the counter, tobacco or any convenience lines. When I bought the business three years ago it was traditional, without gifts, toys or anything outside of papers, magazines, cards, stationery and transport tickets. Overall sales in March 2025 over 2024 were up 2%. Gift revenue is up 100%. Toy revenue is up 70%. Here are the surprises: magazine unit ... Read more

AI in retail doesn’t have to be complicated! I got together with two experienced retailers (Michael, Luke) yesterday to demystify AI in POS systems. Watch our video to see practical, real-life examples of how these tools are helping businesses like yours save time and increase profitability. Essential viewing for small business owners! While we discuss Tower Systems AI, the business advice is valuable for everyone. Now, for an actual demonstration of the AI tools in the Tower newsagency software: The chatter around Artificial Intelligence (AI) can be overwhelming, with a constant stream of news and social media buzz. However, beyond ... Read more

Everyone shopping at a Haigh’s chocolate shop is offered a free tasting. They have done it for years and continue to offer it I am sure because it works. I was at the Haigh’s in Hawthorn near the office Friday last week to pick up a gift. They offered me a piece of broken Easter egg chocolate and, sure enough, I bought several Easter eggs. In fact, I bought all my Easter gifts. I went in intent on purchasing one product, a non-Easter product and walked out with seven products. For sure at some point I was going to purchase ... Read more

I’m grateful for the invitation from Shoptalk for myself and a newsXpress colleague, Anthony, to attend Shoptalk 2025 in Las Vegas a week ago. Here is a video of us discussing some takeaways from the conference and trade show. Whether you’re a retailer, a tech enthusiast, or just curious about where shopping is headed, this video offers a glimpse into the future. It highlights the importance of personalisation, the rise of AI, and the enduring need for unique, engaging customer experiences in an ever-changing landscape. What you’ll discover: The Buzz Around Personalisation: Learn how brands are using personalised merchandise, like ... Read more

It’s the critical issue that costs Australia an estimated $26 billion a year and rising — and one that, if you’ve been listening to Anthony Albanese and Peter Dutton for the past four of this five-week federal election campaign, has barely crossed the lips of either leader. Already in 2025, an estimated 23 Australian women have lost their lives — the majority allegedly as a result of male violence — according to award-winning journalist and Australian Femicide Watch founder, Sherele Moody. Seven of those have occurred within the last week. “Each of them was a statistic. Each should still be ... Read more