Crappy old newsagency responsible for bringing down an entire suburb

Journalist claims that expensive boutique’s in a wealthy ghetto are failing because a dinghy little newsagent shut down……

“But the biggest blow to the strip has been the closure of the newsagent, once considered a pillar of any viable retail strip.”

Meanwhile a newsagency industry expert predicts…..

At least 400 retail newsagencies will close.

So using that specious logic 400 shopping strips are in dire straits.

They arent. The only business person in dire straits are those who own a newsagency.

“I feel like I’ve just wasted years of my life working in excess of 100 hours a week and for what

Queensland Times shines a light on the industry.

One ad for an Ipswich newsagency stated the listing price as $30,000, reduced from $400,000.

In Townsville at least three newsagencies have changed hands with one reduced to just $20,000 down from $170,000.

If you buy a newsagency then you deserve to own a newsagency.