Retail will boom until Aussies can travel offshore again: JB Hi-Fi boss
Australia’s retail sector could enjoy its COVID-induced purple patch for potentially another yea as travel-restricted consumers spend their cash at home, says the head of electronics retailer JB Hi-Fi.
Retail will boom until Aussies can travel offshore again: JB Hi-Fi boss Advertisement Australia’s retail sector could enjoy its COVID-induced purple patch for potentially another year, the head of electronics retailer JB Hi-Fi has said, as travel-restricted consumers continue to spend big in local stores. Richard Murray, who helms the $5.7 billion retailer, told a conference hosted by the Australian Retailers Association on Wednesday he couldn’t see retail spending slowing down while Australians were unable to travel. JB Hi-Fi chief executive Richard Murray expects retail sales to remain eleva
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