JB Hi-Fi NZ sales increase almost 20% as store roll-out continues

JB Hi-Fi NZ sales increase almost 20% as store roll-out continues
JB Hi-Fi 's total NZ sales grew 19.6% compared with the first quarter of last year. (Image: NZME)
Gregor Thompson
JB Hi-Fi sales are rising rapidly as the technology retailer continues its store roll-out in New Zealand. Alongside its annual general meeting on Thursday, the company released a quarterly sales update for the three months to September 30. Total NZ sales grew 19.6% compared with the first quarter of last year and comparable sales, or same-store sales, grew 2.7%. This is compared with JB Hi-Fi Australia, which had 4.9% total sales growth and 5% comparative growth.New Zealand expansion In its annual report, released in Septemb...

More Retail

Piercing chain SkinKandy making its mark in Kiwi malls
Retail

Piercing chain SkinKandy making its mark in Kiwi malls

The Australian piercing chain plans to have opened 10 NZ stores by December.

Foodstuffs South Island ‘merger costs’ bill rises
Retail

Foodstuffs South Island ‘merger costs’ bill rises

More than $11 million has been spent so far on ‘merger-related costs’.

Gregor Thompson 03 Jul 2025
Foodstuffs NI warned by ComCom over supplier treatment
Retail

Foodstuffs NI warned by ComCom over supplier treatment

It obstructed a supplier request, says Grocery Commissioner.

Staff reporters 02 Jul 2025
Retailers say unseasonable weather compounded woes
Retail

Retailers say unseasonable weather compounded woes

The Warehouse Group and KMD Brands have both downgraded guidance in recent weeks.

Gregor Thompson 02 Jul 2025