Newsstand sales balloon for major magazine publishers

Newsstand sales were up in March for numerous magazine publishers, the New York Post reported. Sources at Conde Nast, Meredith and Hearst said that shoppers stocking up on supplies were also buying magazines.

“Sales were up across our portfolio from supermarkets, Target and Walmart,” Doug Olson, president of People and In Style parent Meredith Magazines, said. The last week of March saw a pullback on sales, Olson said, but the newsstand sales in the second and third weeks of March meant the overall numbers were strong, he said.

“We’ve seen similar numbers,” said a spokesman for Conde Nast.

Hearst also saw a rise in newsstand sales in mid-March, according to Troy Young, president of Hearst Magazines, the Post reported.

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