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[newshound1] 03/4/2020 19:03

Large number of customer closures -approx 10% of smiths news

Sales are down by a greater percentage

hxxps://nfrnonline.com/wp-content/uploads/Coronavirus-Bulletin-020420.pdf

[colonel a] 03/4/2020 15:13

So where do you get your footfall info relating to newspaper sales ?
Plus, somebody who sells things telling you they are selling more is not anecdotal.
It's a very small sample size ...

[riverman77] 03/4/2020 15:07

I wouldn't rely too much on anecdotal evidence such as this. Yes individual shops that are still open might see an increase, but newspaper sales overall are down a lot due to lower footfall. I sold CNCT given their high fixed costs, low margins and high debts - could be hit very hard. Still hold RCH though.

[profdoc] 03/4/2020 15:02

Thanks gfae, that is really good to hear. Not many companies are growing at this time.

[gfrae] 03/4/2020 13:12

My newsagent tells me that they have 200 new customers taking delivery of newspapers.

[baracuda2] 01/4/2020 09:33

Same for most parcel companies, not just Tuffnells. Anyway how do know about morale there?

[gfrae] 01/4/2020 08:40

When you take your daily walk,you can buy a daily paper ?

[hotdawg] 01/4/2020 07:45

Moving away from the subject of tuffnells.Smith's news are still trading, obviously they will take a huge hit during this crisis, however im sure they will come out the other side in a much better position than many,many other companies in this country.

[cc2014] 31/3/2020 14:21

hmm. I go for a walk everyday which includes a motorway bridge.

It's very quiet. Freight volumes are significantly down.

[profdoc] 31/3/2020 14:05

Is there anything stopping them being B2C as well?

[loiner1] 31/3/2020 13:03

I thought they were B2B

[profdoc] 31/3/2020 09:06

Has anyone heard of contract wins for Tuffnells due to shortage of home delivery vans?

[loiner1] 30/3/2020 12:18

Least of their worries!

[scotslass76] 30/3/2020 11:48

Not sure the colour of the vans and trucks is much of a strategic priority!!!!

[danieldruff2] 30/3/2020 11:07

Those Tuffnells vans are such a scruffy green colour, they are depressing to look at

[loiner1] 30/3/2020 10:14

No not at all, just trying to be realistic not negative. Connect without Tuffnells would be strong for many years.

[wbrom100] 29/3/2020 16:28

Have the faith you sound like someone who has joined just to be negative

[loiner1] 27/3/2020 01:18

Can’t see anyone paying anything for Tuffnells. Hardly any assets left, virtually all fleet needs replacing, service levels poor, no operational plan and staff morale rock bottom

[robow] 26/3/2020 17:41

Evening Standard is now being delivered in London zones 2 and 3

[robizm] 26/3/2020 16:42

Paperboys girls still working

[scotslass76] 24/3/2020 13:57

I reckon volumes of newspaper sales have probably taken a dive and will be worse now extra measures have come in to minimise going out. Not sure they'll ever fully recover!

[brumont] 24/3/2020 13:24

Thanks for your views re Newspapers. My thought process concluded that folk would move to online, but perhaps I will be proved wrong. Time will tell.

[galois2] 24/3/2020 12:59

It's surprising that the newspapers aren't publishing articles to reassure people it's safe to read a physical copy. Maybe they just haven't thought of it, or they want people to move online.Or it's more risky than I would have thought.

[norbert colon] 24/3/2020 10:51

Yep Newsagents are on the list of shops allowed to stay open which is great news for CNCT