ABC to Close Retail Shops

The Australian Broadcasting Corporation’s Commercial arm will begin a phased exit from its portfolio of ABC Shop properties. ABC Retail will review its lease arrangements with landlords and develop a revised retail model with a focus on ABC Shop Online and ABC branded outlets in other retailers.

This strategy aligns with the changing retail environment, as consumers increasingly access content digitally through subscription services and downloads and purchase physical products online. It is no longer possible for the ABC to sustain a large network of leased stores, traditionally reliant on DVD and CD formats. However, ABC DVDs, music, books, toys and merchandise will still be widely available for customers to purchase through ABC Shop Online and other retailers.

The ABC is considering the impact of this transition and will engage in consultation with its staff over the coming months.

Robert Patterson, Director of ABC Commercial said: “The ABC Shops have been an important part of the ABC’s relationship with its audiences for the past 35 years and this decision has not been taken lightly. However, this strategy will create a more cost effective, nimble and flexible approach to servicing customers.