THE ‘AMA­ZON EF­FECT’ IS YET TO DIS­RUPT BRICK-AND-MOR­TAR STORES

TechLife Australia - - HOTSPOT -

JB HI-FI BREATH­ING EASY FOR NOW. Ama­zon Aus­tralia cre­ated plenty of fear in phys­i­cal re­tail stores lead­ing up to its in­evitable ar­rival, but in the months since its De­cem­ber 2017 launch, the on­line re­tail gi­ant has yet to dent lo­cal shops. Fi­nan­cial re­ports from JB Hi-Fi show steadily grow­ing prof­its, al­though the stock mar­ket has been more cau­tious and fu­ture-wary as JB Hi-Fi’s stock dropped 7.5% when it re­leased its half-yearly re­port.

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