Sydney Morning Herald

Can social media and mobile help Australian retail combat showrooming?

The National Retail Association generated headlines with a report commissioned by Ernst & Young that states 118,000 retail jobs may be shed by 2015.

In the Sydney Morning Herald’s coverage of the issue, Ian Mcllwraith quoted directly from the E&Y report:

”Regardless of the LVT (Low Value Threshold exception provided to goods purchased from foreign online retailers), the remaining 84,600 jobs would be lost to the traditional sector due to the structural changes and competition caused by the growth of online retailing,” said the Ernst & Young report.