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It’s not over yet but we’re starting to see some signs of life in the old economy which is a relief shared by all of us, particularly retailers. There’s no need to sugarcoat it: the past couple of months have knocked many businesses about, although there are bright spots and there are opportunities amongst the doom and gloom. As we head into the recovery phase, what are the opportunities and how can you make the most of them? Trust in the ‘familiar’ is key as consumers venture out Despite valid concerns for their health and safety, the data shows consumers...

The Twitter account @Jin_Store has leaked images of the moulds that case-makers use to create their designs, revealing that Apple’s upcoming iPhone will be returning to the flat edges featured on the iPad Pro. This would mark the first time since 2013 that a flagship Apple iPhone does not feature rounded edges. The iPhone 4 line had flat edges. The coming iPhone 12 is widely expected to have 5G capability. According to the renowned tech leaker Max Weinback, the iPhone 12 series will be available in three different screen sizes: 5.4 inches, 6.1 inches and 6.7 inches. If true, the...

According to market research firm Gartner, global smartphone sales fell by 20% in Q1 2020, largely as a result of the COVID-19 crisis. “The coronavirus pandemic caused the global smartphone market to experience its worst decline ever,” said Anshul Gupta, Senior Research Analyst at Gartner. “Most of the leading Chinese manufacturers and Apple were severely impacted by the temporary closures of their factories in China and reduced consumer spending due to the global shelter-in-place.” Although Samsung’s sales declined by 22.7% in Q1 2020, they retained the worldwide top spot, accounting for 18.5% of total market share. They sold 55.3 million...

Total retail spending plummeted in April as Australia’s COVID-19 lockdowns took hold, with an explosion in e-commerce spending failing to offset unprecedented falls in other discretionary categories. Retail turnover fell by more than $5.3 billion (17.7%) over April in seasonally adjusted terms, and was down 9.18% year-on-year, Australian Bureau of Statistics (ABS) figures released on Thursday reveal. The expected decline, adjusted slightly from preliminary estimates published last month, provides new insight into how the coronavirus crisis has affected what and how Australians buy. It shows how varied the impact of the pandemic has been on the $358 billion retail sector...

SAN FRANCISCO: Apple is expected to delay the launch of its new iPhone 12 series by at least two months to November, instead of the usual mid-September timeframe. Investment bank Cowen says Apple’s Q2 production is expected to be 35 million units, down five percent from Q1 and down 13 percent from the same period last year. The analyst said the production supply chain has generally returned to normal output rates, but downstream demand remains uncertain. Cowen says iPhone shipments in Q2 will reach 30 million.