Coronavirus live updates: Electronic business' boom as Aussies stay home

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Australians working from home and those fearing a country wide lockdown have boosted technology and home appliance sales. 9News

JB Hi-Fi has posted strong March quarter growth as customers forced to work from home rushed to buy home appliances and technology products before COVID-19-related social restrictions were brought in.

Sales at The Good Guys chain, which focuses on electrical and home appliances, rose 13.9 per cent during the three-month period. That has meant sales for the three quarters until March-end were up 6.4 per cent at the JB Hi-Fi business in Australia and up 4.9 per cent across The Good Guys chain. The retailer withdrew its FY20 sales and earnings guidance as a result of the uncertainty arising from COVID-19 after federal and state governments introduced strict social distancing regulations in late March.

 

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It is best for home appliances to go to stores and be informed by a person in charge before purchasing. The operator is reading the catalog. Disadvantages of not comparing the same product

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