Jb hi-fi is an australian retailer of consumer goods, specialising in video games, ultra hd blu-rays, blu-rays, dvds, cds, electronics/hardware, electrical home appliances, mobile phones and a number of telstra services. Jb hi-fi is an australian and new zealand retailer of consumer goods , specialising in video games, blu-rays, dvds, cds, electronics/hardware and home appliances it is one of the fastest growing and most successful businesses of its kind jb hi-fi's main competitors are harvey norman , as well as myer , david jones and target australia and big w the company (which is publicly listed on the. Jb hi-fi's full-year profit has jumped 35 per cent to $2332 million, driven by consumer electronics and home appliance sales the electronics retailer's total sales lifted 218 per cent to $69. The company has approximately 60 jb hi-fi home branded stores, including over four in new zealand the company operates approximately 190 physical stores the company offers various solutions, such as corporate, government and education sales of products and services, and insurance replacements.
Executive summary jb hi-fi is the largest consumer electronics retailer in australia the australian consumer electronic market is one of the strongest in the world. Business insider australia also noted that jb's full year net profit after tax jumped by 353%, in stark contrast to the rest of the australian retail market comments that_dan_guy @that_dan_person. Jb hi-fi is australia's largest home entertainment retailer with top products, great quality + value learn more about our product range online. The target is to have 75 home stores sometime in 2017 “each new jb hi-fi home store contributes to growing our customer awareness, market share and supplier support,” says murray.
Jb hi-fi has suffered a hit to its bottom line with earnings down more than 9 per cent the market was expecting the result to be worse so shares rose on the news analysts however argue there are. 12-month target a$ 3280 macquarie securities (australia) limited jb hi-fi good vibrations event jbh delivered a strong result and provided guidance ahead of market on the impact jb brand demonstrates strong operating leverage jb has leveraged the. Contents jb hi-fi - australia omniscience’s retailer analysis market research reports were originally introduced in 1977 and since then these reports have developed into full scale databases which support a very wide range of corporate and market planning applications. Jb hi-fi store in wagga wagga jb hi-fi was established in the melbourne suburb of keilor east by john barbuto in 1974 barbuto sold the business in 1983 to richard bouris, david rodd, & peter caserta, who expanded jb hi-fi into a chain of ten stores in melbourne and sydney turning over $150 million by 2000, when they sold the majority of their holding to private equity.
The business of jb hi-fi was founded in 1974 as a discount retailer of hi-fi equipment and recorded music with a single store in the melbourne suburb of east keilor since that time, the business has grown. Australia's jb hi-fi looks to buy rival good guys australia's jb hi-fi looks to buy rival good guys breaking news how would you best describe yourself individual investor institutional investor financial advisor active trader australia shares fall as probe hits financials a2 milk pushes nz lower. Jb hi-fi limited, together with its subsidiaries, retails home consumer products it operates through three segments: jb hi-fi australia, jb hi-fi new zealand, and the good guys the company.
Jb hi-fi stays in tune with market jb hi-fi chief executive terry smart visits the shop at melbourne's chadstone centre shares in the electronic retailer surged 18 per cent over two days this week. Australia jb hifi target market jb hi-fi actively markets itself as a discount retail offering customers an “every day low price “ jb hi-fi does not operate a warehouse with all product, the supplier direct in to its store it spends less than 2% of sales on advertising. Jb hi-fi limited macquarie australia conference may 2014 for personal use only target of 214 stores across australia and new zealand 2 future growth will come from fy14f 182 stores 141 123 105 89 157 168 177 target of 214 for personal use only stores 7 continued growth in market share jb has the ability to bring brands to.
Jb hi-fi is also tweaking its jb hi-fi home strategy, abandoning the home brand in new zealand and reducing space for large appliances in favour of more productive categories in australia. Shop jb hi-fi official find more of what you love on ebay stores. Jb hi-fi solutions remains on track to deliver its longer term aspirational sales target of $500 million through organic growth and strategic acquisitions gross profit in australia increased by 132 per cent to $4965 million with gross margin up by 03 per cent to 222 per cent.
The primary goal of this report is to provide an analysis of the company jb hi-fi in particular the report highlights the industry trends of the consumer electronics retail market as well as focusing on how jb hi-fi’s segmentation, targeting and positioning strategies. The 16 per cent increase in the group’s statutory earnings for the december half — 317 per cent on an underlying basis — had the usual features of a jb hi-fi result the key feature of jb. In a post earlier today, nsw police said it was aware of the sms scam and warned aussies the text, which offers people the opportunity to “test” jb hi-fi products, was a scam. Jb hi-fi limited is an australian company that was established in 1974 by john babuto, based in melbourne and is currently headquartered in chadstone, victoria.