Technology News

Pricey drones help lift JB Hi-Fi sales

JB Hi-Fi has posted record sales, helped by shoppers splashing out on big-screen televisions and $ 2,000 drones and an earnings boost from its recently acquired The Good Guys business.

The home entertainment retailer’s crucial comparable sales rose 8.6 per cent in the 2017 financial year, during a time of weak consumer sentiment due to slow wages growth.

Chief executive Richard Murray said JB Hi-Fi was in a good position because technology is a front-of-mind purchase for Australians.

“Te…
Drone Technology News