Original article by James Thomson
The Australian Financial Review – Page: 20 : 5-Jun-18
Online retailer Kogan.com aims to begin selling whitegoods and large kitchen appliances by the end of 2018. Founder and CEO Ruslan Kogan says the logistics aspects associated with the sale of such bulky items has made the whitegoods retail sector relatively immune to the challenges posed by online retailers, but he says it is "ripe for the picking". News of Kogan.com’s foray into whitegoods saw shares in established whitegoods retailers decline on 4 June, with Harvey Norman and JB Hi-Fi down 2.8 per cent and 3.7 per cent respectively.
KOGAN.COM LIMITED – ASX KGN, HARVEY NORMAN HOLDINGS LIMITED – ASX HVN, JB HI-FI LIMITED – ASX JBH, THE GOOD GUYS