Australia’s National Retail Association (NRA) has released a blueprint designed to tackle what it says are the “unprecedented challenges” confronting the retail sector and set Australian retail on course for recovery, and calling on federal and state governments to give immediate assistance to retailers feeling the effects on their businesses of the coronavirus outbreak.
Australian consumers are set to fork out a whopping $1.3 billion online over the four days from Black Friday to Cyber Monday, amidst a growing trend of consumers moving their Christmas shopping to the earlier period of late-November than the traditional time of December.
The National Retail Association is playing down the impact that Amazon will have on the Australian retail sector, even as the US giant prepares to launch full-scale operations locally.
Good article Sam.
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