The Aussie newsagency today in 2023 is a very different retail business than what you may have found in 2019 or earlier. The Aussie newsagency today often sells unique gifts, collectibles, sensory items and more. Some don’t sell lotteries. Some even don’t have papers or magazines.
Mount Lawley News in Western Australia is a small shop located a ten minute or so drive from Perth CBD. We mention that to reflect that this shop is surrounded by competition.
What was a traditional newsagency has been transformed by new owners Matt and the team over the last year. This is a good example of what I’d love journalists and other who talk or write about Australian newsagencies to think of.
What an awesome looking business.
A year ago this shop looked very different. Today, it is attracting new shoppers. New shoppers are the lifeblood of retail. Better still, the change in mix of products drives a change in the GP% of the business. These are factors that play into the strength and value of a newsagency, or any retail business for that matter.
We see too many stories about newsagencies closing. Sometimes, photos accompanying those stories do not reflect the best practice retail we are seeing from plenty of newsagents, like Mount Lawley News.
Tower Systems is proud to serve more Aussie newsagency shops than all other Aussie newsagency software companies combined.