This article contains content that is written like an advertisement. (February 2018) (Learn how and when to remove this template message)
This article needs additional citations for verification. (February 2018) (Learn how and when to remove this template message)
|Traded as||ASX: JBH|
|Founded||Keilor East, Victoria, Australia (1974; 45 years ago)|
Number of locations
|Revenue||A$4 billion (2016)|
|A$221 million (2016)|
|A$152 million (2016)|
|Subsidiaries||The Good Guys|
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, and 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. It was subsequently floated on the ASX in October 2003.
As of August 2018, JB Hi-Fi is ranked as the equal 7th largest consumer electronics and home appliance retailer in the world.
In October 2016 JB Hi-Fi struck a deal which acquired The Good Guys warehouses within Australia making the JB Hi-Fi group the largest electronics retailer in Australia spread between the two brands.
- "About us". JB Hi-Fi. Retrieved 14 August 2017.
- "About Us". JB Hi-Fi. 2002. Archived from the original on 16 February 2007. Retrieved 16 February 2007.
- "How JB Hi-Fi moves up global retail ladder". Appliance Retailer. 20 August 2018. Retrieved 25 August 2018.
- "JB Hi-Fi buys NZ chain for $15m". The Sydney Morning Herald – smh.com.au. 12 December 2006. Retrieved 7 July 2017.