The ongoing pandemic’s widespread impact on the Australian economy has significantly disrupted the e-commerce and retail sectors in particular. While some retail categories, like electronics, flourished with work from home restrictions, a few traditional retail categories suffered due to pandemic.
Following a similar trend, two of the biggest tech retailers in Australia have reportedly posted record profits and raised dividends on Monday. The frenzy of purchases of screens, computers, and other home goods amid pandemic has significantly increased the revenues of Australian retail companies.
According to sources familiar with the knowledge of the matter, Australia’s leading electro