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Electronics & appliances Archives
Online sales rose 161.7 per cent to $678.8 million and represented 13.7 per cent of the total $4.9 billion sales.
Improved sales during the pandemic relieve some uncertainty for the home improvement retailer.
Retailer takes thousands of orders per minute on launch day, causing unprecedented traffic online.
A three-hour rushed courier delivery service is now available in parts of Australia.
Vacuum brand is restructuring amid consumer behaviour changes due to Covid-19.
UBS data shows the outlook for the sector is changing rapidly.
Comments come a day after $155bn wiped from ASX due to virus fears.
The retailer believes there is still a lot of market share to take.
Electronics retailer avoids slower Christmas trade experienced by several other retailers.
The company’s first ‘Express’ store is 68 sqm, and holds a more selected range of products.