Surging sales and record profits amid the COVID-19 retail revolution

Surging retail sales amid COVID-19 lockdowns and a major shift to working from home has led to record profits for listed retailers JB Hi-Fi and Kogan.com.

Speaking with Brooke Corte, JB Hi-Fi CEO Richard Murray says the business has performed remarkably well during ‘tough times’.

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Kogan.com CEO Ruslan Kogan has welcomed 600,000 new customers to his site as online shopping becomes the new normal for Australian retailers.

‘The e-commerce revolution in Australia has started,” Mr Kogan said.

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