Displaying items by tag: retail sector

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.

The coronavirus outbreak will severely affect China’s smart devices market including smartphone and PC shipments, according to analyst firm Canalys which says it has dramatically revised previous forecasts of a 7% decline in smartphone shipments to a 40% to-50% drop for smartphones and 20% for PCs - with the proviso that the situation recovers to pre-outbreak levels by the end of February.

Blockchain technology will be transformational across most industries within five to 10 years, with 60% of CIOs recently surveyed expecting some level of adoption of blockchain technologies in the next three years, according to a new report from Gartner.