Bloomberg The coronavirus outbreak has stalled American retailers’ e-commerce growth, sparked traffic declines and pushed many to lower quarterly guidance, according to a survey published on Wednesday by CommerceNext, which organises conferences for retail and direct-to-consumer marketers. Since mid-February, when coronavirus began impacting the US, about half of retailers said their e-commerce traffic has been trending downward. This is a …

Bloomberg South African Airways’ (SAA) administrators will be asked to suspend a legal process to dismiss the airline’s entire workforce, a labor union said. Unions with members at the state-owned airline met with South Africa’s public enterprises, labour and tourism ministers in a video conference today after the administrators said they would start talks on retrenchments after the government cut …

Bloomberg Australian retail sales soared by the most on record in March as households embarked on a buying frenzy, led by massive purchases of toilet paper, ahead of an expected lockdown to contain the coronavirus. Preliminary sales advanced 8.2% last month, exceeding the previous record of 8.1% ahead of the introduction of a consumption tax in 2000, the Australian Bureau …