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Here's another data point from an article that I shared with my readers earlier this year: Magazines account for only about 1% of sales at convenience stores, so store chains would rather make room for other items. It's likely that FamilyMart and Lawson are the ones forcing Nippan's hand. https://mag.minkabu.jp/politics-economy/18436/

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Dec 16, 2023Liked by Mark Kennedy

Mark - With the konbini channel volumes going down, do you think the newsstands at the stations will pick up a lot of the slack?

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I guess Iā€™m a dinosaur, still love books, but must admit the shimbuns and mags never did anything for me.

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Dec 16, 2023Liked by Mark Kennedy

The future - indeed, the present - is obviously digital. It's really puzzling that Nippan is trying to go big on paper and pencils instead of digital media. Personally, I probably haven't touched a hard-copy newspaper or magazine since the noughties.

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