JB Hi-Fi
News and interviews on JB Hi-Fi including trends, features, blogs and community conversations from an Australian business perspective.
WHAT WE LEARNED THIS WEEK: Get the glitches out of your systemThursday, 24 May 2012
Facebook floated last week, but that wasn’t the only tech story of the day – Nasdaq suffered a major technical glitch that stopped investors from being able to buy shares. ...
Inside the Retravision collapse: Six things the retailer failed to do
Tuesday, 22 May 2012
The tough retail environment was the obvious catalyst for the appointment of administrators yesterday to Retravision Southern, but there were other factors at work in the collapse of the electrical retailer’s buying arm, according to retail experts. ...
Spotify to launch in Australia tomorrow, but analysts opt to wait and see
Monday, 21 May 2012
Streaming music service Spotify is finally set to launch in Australia tomorrow, months after the company set up a marketing presence here by hiring one of Google's first local employees - but analysts suggest it's too early to tell what impact it will have ...
Target begins importing merchandise to compete online, but SMEs warned to think twice
Friday, 18 May 2012
Target has joined a score of other retailers after announcing it will start sourcing products directly from China in an attempt to bypass wholesalers, save on GST and pass the savings on to consumers. ...
Local arm of video game retailer Game now placed in administration
Monday, 14 May 2012
The local arm of British video game retailer Game has been placed in administration, weeks after the European division of the company was rescued by a private equity company. ...
Shoppers still prefer catalogues – the three times you should push them most
Thursday, 10 May 2012
While experts and analysts have been pushing retailers towards an omnichannel approach with an emphasis on online retail, experts say the traditional paper catalogue may have more of a hold on shoppers than you think. ...
WHAT WE LEARNED THIS WEEK: Don’t underestimate high quality photography
Thursday, 10 May 2012
David Jones and Amazon both announced this week they would be spending more time and money on high quality photography for their respective online websites. ...
JB Hi-Fi and Noni B talk tough on rents, but Westfield says vacancies low in Australian malls
Wednesday, 15 February 2012
More retailers are joining the chorus about retail rents, but Australia's largest shopping centre landlord has just unveiled a bumper rise in profit, and says it barely has any vacancies in its local shopping centres. ...
JB Hi-Fi profit falls 9.4% in first half – five key insights from a retail leader
Monday, 13 February 2012
JB Hi-Fi has started 2012 with a disappointing result, as profit in the first half of the year fell 9.4% from the previous corresponding period to $79.6 million, as chief executive Terry Smart forecasts even more difficult conditions, coming as deflation continues ...
Analyst gives thumbs up to new JB Hi-Fi online deals model, but concerns remain over retailer’s future
Wednesday, 08 February 2012
A retail analyst has praised a move by JB Hi-Fi to include more discounted products in a "daily deals" type strategy, even though investors remain glum about the chain's outlook as it prepares to reveal its finances for the first half. ...
Will anyone buy Dick Smith? Here are the five most likely candidates
Wednesday, 01 February 2012
Woolworths confirmed yesterday what every industry analyst predicted – it would sell off the Dick Smith chain as part of a strategic review. ...
JB Hi-Fi shares plummet 11% after shock profit downgrade
Friday, 16 December 2011
JB Hi-Fi shares have plummeted over 11% this morning after the electronics retailer announced a shock profit downgrade for the first half of the year, saying price deflation is just too much to handle. ...
JB Hi-Fi caught in Facebook gift card scam, experts warn consumers to be wary over Christmas
Monday, 12 December 2011
Businesses and individuals are being warned to watch out for fake Christmas gift cards being distributed through social media sites after some Australian companies have been forced to issue clarifications saying they are not offering discounts of any sort. ...
Should you charge customers an “explanation fee”?
Monday, 05 December 2011
Retailers are doing it tough. Shoppers are coming in, speaking at length with the shop assistant about what the widget does and does not do, only to then leave the store and buy the widget cheaper online. What's a retailer to do? How do they provide customer ...
JB Hi-Fi launches direct import model, as retailers cut off the middleman
Monday, 21 November 2011
Electronics and entertainment retailer JB Hi-Fi has quietly introduced a new direct import model for some of its products, just weeks after the company said at its annual general meeting that it would do so if suppliers couldn’t be negotiated with on pricing ...
JB Hi-Fi to negotiate with suppliers as comparable store sales fall 3.5%
Thursday, 13 October 2011
Retail giant JB Hi-Fi has delivered a warning to its suppliers that it may be forced to request lower prices as it attempts to remain competitive in the lead-up to Christmas, with comparable store sales falling 3.5% in the September quarter. ...
JB Hi-Fi to launch streaming music service as CD, DVD and computer game sales slide
Tuesday, 09 August 2011
Electronics and entertainment retailer JB Hi-Fi will release a streaming music service by the end of the year and eventually open a new music store in what could be the first major local challenger for iTunes, the company announced yesterday. ...
JB Hi-Fi shares fall after retailer misses sales target and watches profit drop 7.6%
Monday, 08 August 2011
Shares in electronics and entertainment retailer JB Hi-Fi have fallen over 3% this morning after the company reported missing its sales target by $250 million, along with declines in both same-store sales and statutory profit. ...
DJs, Qantas, Vodafone Hutchison fall in corporate reputation rankings, but JB Hi-Fi still sells: Survey
Tuesday, 19 April 2011
The reputations of David Jones, Vodafone Hutchison and Qantas have taken a hit, according to a new survey, although JB Hi-Fi retains the title of having Australia's strongest corporate reputation. ...
Some hope for retailers
Monday, 04 April 2011
Entrepreneurs from any sector should take a little time out today to read the transcript of Alan Kohler's interview with JB Hi-Fi chief Patrick Elliot. ...
