
Virus sparks higher electronics sales
JB Hi-Fi has posted strong March quarter growth as customers rushed to buy home appliances and technology products before COVID-19-related social restrictions were brought in and online sales jumped.
JB Hi-Fi has posted strong March quarter growth as customers rushed to buy home appliances and technology products before COVID-19-related social restrictions were brought in and online sales jumped.
JB Hi-Fi has struck a deal to buy whitegoods retailer The Good Guys for $870 million.
Get InDaily in your inbox. Daily. The best local news sent straight to your inbox every workday at lunchtime.
Thanks for signing up to the InDaily newsletter.
Shares in JB Hi-Fi have risen after the home entertainment retailer confirmed it is interested in The Good Guys.
JB Hi-Fi expects continual expansion of its home appliance business to cushion it from a competitive electronics market.