ABC to close physical stores and make e-commerce push citing decline in DVD market

The ABC has announced it will phase out its retail store presence with some 50 ABC Shop stores, 78 ABC Centres in other retail outlets and 300 staff impacted.

Announcing the news this morning ABC managing director Mark Scott told the ABC’s AM program: “The basis of these stores of course for many years has been books, CDs and DVDs and everyone knows the CD and DVDs businesses have radically changed.”

The new strategy for the ABC retail division will see it focus on online sales with the public broadcaster arguing it is no longer possible for the ABC to sustain a large network of leased stores.

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