| Nikki Baird
| Aug 5 | Retail
In the first of this two part series, I shared my first-hand experience of Australian retail, having visited the country for the first time. Within that piece, I pondered what Amazon’s looming presence will mean for a country has the highest per-capita ownership of smartphones, particularly since only 5% of Australia’s retail sales are currently conducted online.
To date, Australian retailers have been relatively isolated, but the same trends that have wracked American retailing are heading their way – with even more of a vengeance. Yeah, there’s Amazon, and yeah, it will probably force some consolidation among pureplays, if the company doesn’t actually initiate some of that consolidation itself by buying its way into the market, much...