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Posts Tagged ‘Sales’

NoW final copy set for sales leap

July 9th, 2011 Comments off

News of the World papersThe news industry expects the closure of the News of the World to turn a boycott into a souvenir hunt

The news industry is expecting a busy Sunday with high sales of the final News of the World and rivals fighting to attract its readers.

With the impetus for a boycott stalled after the closure, agents now expect a sales boost from souvenir hunters.

Insiders say sales could be as much as 30% higher than the usual 2.6 million copies.

The National Federation of Retail Newsagents (NFRN) confirmed it expected the NoW to sell “extremely well”.

Before Thursday’s closure announcement, the News of the World was becoming a symbol of protest and sales were expected to be down sharply, but news of its closure has turned it into a rarity.

New mood

Anne Bingham, from the NFRN, said: “Many people will be buying it as a collectors’ item. We’re expecting sales to be well in excess of the normal 2.6 million.”

Mahendra Jadeja, who runs Jardins newsagents in Winchmore Hill, said he had been taken aback by the change of sentiment towards the News of the World.

“I was planning for sales to be 20-30% down on normal levels, now, I have had so many orders I can hardly believe it. Some people have asked for multiple copies.

“A few have even paid in advance.”

He said he was now expecting sales to be 20% higher, and even with those extra copies, to sell out.

Fight for readers

Meanwhile, industry insiders say they are expecting to see a very significant increase in all titles, with rival newspapers also pulling out the stops to attract former NoW readers.

“They all want to stand out. Expect a rash of offers of all kinds, coupon and voucher collects, and the straightforward free offers,” said one, who did not want to be named.

Trinity Mirror, owners of the Sunday Mirror and Sunday People, and the Daily Mail and General Trust, are hoping to attract some of the 2.6 million readers of the best-selling NoW.

Sunday paper circulation

  • News of the World: 2.6m
  • Mail on Sunday: 1.9m
  • Sunday Mirror: 1.1m
  • Sunday Times: 1m
  • Sunday Express: 602,000
  • Sunday Telegraph: 510,000
  • The People: 480,000
  • Sunday Mail: 367,000
  • Daily Star Sunday: 309,000

Source: ABC (Average for April 2011)

The Mail on Sunday, the second biggest-selling Sunday title, has 1.9 million readers, while the Sunday Mirror has 1.1 million.

Concern

Trinity Mirror was braced to increase its print run, although it would not give any details of its plans.

Longer term, newsagents are concerned that many readers will stop buying papers altogether as online news consumption grows.

Meanwhile, brisk sales seem assured this Sunday at Jardins newsagents.

Mr Jadeja has already placed his order: “I will keep one for myself as a piece of history.”


BBC News – Business

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Wall Street Doubles U.S. Sales Forecast

June 27th, 2011 Comments off

Analysts are increasing forecasts for S&P 500 Index companies as the biggest expansion in profitability since 2002 ends
BusinessWeek.com — Finance

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Wall Street Doubles S&P 500 Sales Forecast as Margins Stagnate

June 27th, 2011 Comments off

Analysts are increasing sales forecasts for Standard & Poor’s 500 Index companies by the most in three years, compensating investors as the biggest expansion in profitability since 2002 ends.
BusinessWeek.com — Finance

Disappointing Hardware Sales Hit Oracle Stock

June 25th, 2011 Comments off

An unexpected drop in hardware sales, following Oracle’s bullish predictions in March, suggests lower-than-anticipated gains from the software giant’s Sun acquisition
BusinessWeek.com — Finance

Existing-Home Sales in U.S. Probably Dropped to Six-Month Low

June 21st, 2011 Comments off

Sales of previously owned U.S. homes probably fell in May to the lowest level this year, a sign that housing lags behind other parts of the economy, economists said before a report today.
BusinessWeek.com — Finance

Home Sales Probably Dropped to Year’s Low: U.S. Economy Preview

June 19th, 2011 Comments off

Home sales probably dropped in May to the lowest level of the year, while orders placed with factories climbed, showing housing remains a soft spot as other parts of the U.S. economy recover, economists said before reports this week.
BusinessWeek.com — Finance

U.K. Retail Sales Drop More Than Forecast on Fuel, Job Fears

June 16th, 2011 Comments off

U.K. retail sales dropped more than economists forecast in May as higher fuel costs and concern about employment prospects restrained consumer spending.
BusinessWeek.com — Finance

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Asia Stocks Swing Between Gains, Losses After U.S. Retail Sales

June 15th, 2011 Comments off

Asian stocks swung between gains and losses after a report showed U.S. retail sales were better than forecast, boosting the outlook for exporters. QBE Insurance Group Ltd. slumped after issuing a profit forecast.
BusinessWeek.com — Finance