Online retailer Temple & Webster is stepping up investment in products, technology, marketing and staff in a bid to lift sales to $3 million a day or more than $1 billion a year over time.

Australia’s largest pure-play online furniture and homewares retailer enjoyed its first $3 million sales day in November as consumers spent money they would otherwise have outlaid on international travel on new sofas and dining suites, carpets, kitchenware, lighting and wall art.