JB Hi-Fi is the latest company to show that consumers are shrugging off the burden of higher interest rates on their home loans and spending up big on electronics and appliances over the past six months.
Bumper sales of laptops, gaming consoles and whitegoods during the Black Friday/Cyber Monday and Boxing Day promotions propelled the retailer to record sales and earnings in the December half.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
