Industry Analysis & Industry Trends
It has been a sad story for newsagents and stationery retailers over the five years through 2012-13. Industry players have had to operate in a tough trading environment and confront increasing competition from external players, declining newspaper circulation numbers and the growth of internet shopping. The resulting effect is expected to be a decline in industry sales at a compound annual rate of 1.1% to £3.52 billion. Industry trading conditions during this period have also been affected by annual fluctuations in real household disposable income, poor consumer sentiment, a decline in the number of school children and the overall rate at which IT and telecommunications have been adopted by UK consumers.
Newsagents and stationery retailers are expected to post a 0.3%... purchase to read more
Industry Report - Industry Analysis Chapter
Newspaper and stationery sales have been shredded over the five years through 2012-13, with revenue declining at a compound annual rate of 1.1% to £3.52 billion. Industry trading conditions have been affected by an overall drop in newspaper circulations, growth in the number of external players expanding into the newspaper and stationery market, the rising popularity of viewing newspapers online and the downward trend in the number of school children. Annual fluctuations in other factors, including trends in real household disposable income, consumer sentiment, the IT & T adoption rate of UK consumers and growth in total online expenditure, have also played a pivotal role in the performance of the industry over the past five years. In 2012-13, revenue is forecast to fall by 0.3%... purchase to read more