Business
How JB Hi-Fi wasn’t destroyed by Amazon and survived lockdowns – NEWS.com.au
How JB Hi-Fi wasn’t destroyed by Amazon and survived lockdowns
They said Amazon was going to destroy the Australian retail sector. The pandemic was their big chance. Instead, Aussie businesses are eating Amazons lunch, with JB Hi-Fi just the latest local hero to post a huge online performance and show the global retailer who is boss.JB Hi-Fi has almost tripled its online sales in the space of just a year – but despite the spectacular success of its e-commerce, the company swears it is not thinking about closing stores.
JB’s Hi Fi’s profits were at record levels…
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