TITLE

'Racking' Retailers' Nerves

AUTHOR(S)
Lisanti, Linda
PUB. DATE
November 2005
SOURCE
Convenience Store News;11/15/2005, Vol. 41 Issue 14, p66
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that the periodicals category is getting tougher for the U.S.-based convenience store retailers to manage As more and more magazine distributors do away with full service, periodicals is increasingly becoming a category that needs to be maintained at the store level, and it's got some retailers slimming down their magazine racks. Glenn Loiselle, category manager for Rockland, Massachusetts-based Tedeschi Food Shop Inc., said that the category of periodicals is much more time-consuming since a store can receive 20 to 40 different publications a day that need to be placed on the shelves. Convenience stores' share of the retail magazine market has declined from 16 percent to 7 percent over the past decade and for mom-and-pop outlets, it's practically nonexistent, according to data from Magazine Publishers of America's Retail Growth Initiative, a program aimed at bringing new life to magazine sales in the retail industry.
ACCESSION #
18843983

 

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