Canon claims no-one sells cameras like traditional retailers
The next stage of Canon's 'No One Sees It Like You' marketing campaign is a promotion to encourage consumers to only purchase their DSLRs, compact system cameras and point-and-shoots from authorise resellers.
Wed 15/05/2013 12:00:00 / Read More »JB Home offering a competitive though narrow offer to appliance consumers
JB Hi-Fi's self-branded foray into retail home appliances is a very competitive, warehouse-style proposition that retains the style of JB Hi-Fi's popular consumer electronics store, says an expert in retail analysis.
Tue 14/05/2013 12:00:00 / Read More »JB Hi-Fi succeeding in the online space by following individual strategy
JB Hi-Fi is winning the 'omnichannel' war and, as a result, its share price is underperforming on the Australian Securities Exchange, according to analysis by Credit Suisse.
Tue 07/05/2013 12:00:00 / Read More »JB Hi-Fi expands further into digital with JB NOW Video
After launching JB NOW music streaming in 2011 and an eBook download service last month, JB Hi-Fi has now pushed into the world of online movies, with a digital video streaming service designed to complement DVD and Blu-ray sales.
Fri 03/05/2013 12:00:00 / Read More »JB Hi-Fi revises profit forecasts after "stronger than expected sales"
JB Hi-Fi has revised its sales and profit guidance for the 2013 financial year, with the retailer expected to boost profits by roughly 10 per cent on last year's figures, thanks to strong sales over recent months.
Fri 03/05/2013 12:00:00 / Read More »Camera, tablet and accessory pricing: How do the major retailers compare?
As retailers jostle to remain price competitive in the major consumer electronics categories, new research from Credit Suisse shows that pricing at three major retailers is far from standardised.
Tue 30/04/2013 12:00:00 / Read More »Online retailers leading price wars in appliances and electronics
Harvey Norman has the highest advertised prices for whitegoods while Appliances Online is consistently the cheapest. This and other insights are revealed in a report published by Credit Suisse.
Mon 29/04/2013 12:00:00 / Read More »JB Hi-Fi worming into book market is a "no-brainer"
The expansion of JB Hi-Fi's NOW platform into book selling is a "no-brainer" due to its huge market value, according to marketing director Scott Browning.
Tue 23/04/2013 12:00:00 / Read More »JB Hi-Fi starts selling eBooks through new JB NOW Books platform
JB Hi-Fi has expanded its digital content offering to now include books. Launched over the past weekend, JB NOW Books offers eBooks for iOS and Android devices, plus some other eReaders and personal computers, but not for Kindles.
Mon 22/04/2013 12:00:00 / Read More »How Channel Seven ownership created and eliminated TiVo in Australia
TiVo is effectively dead in Australia. No more devices are being sold Hybrid TV is winding down is support services. In this special feature, we chart the rise and fall of the promising PVR, isolating why it failed to take-off.
Mon 22/04/2013 12:00:00 / Read More »First new Sony kiosk opens tomorrow with a focus on PCs, imaging and NFC
Sony is set to open its first in-mall kiosk in Sydney tomorrow after shuttering its New South Wales Sony Centres, giving consumers and electrical retailers an idea of what its direct-to-consumer presence will look like heading into the future.
Fri 12/04/2013 12:00:00 / Read More »OP/ED: Keep social media at head office and away from individual stores
Retailers such as Harvey Norman and JB Hi-Fi are running unified social media strategies out of their head offices. Other retail groups, however, have chosen to recentralise social media. The former is better, according to this guest post.
Tue 09/04/2013 12:00:00 / Read More »JB has always been home to mad prices
UnderCurrent was quite impressed by this little effort at dynamic signage, seen in JB Hi-Fi's Parramatta store in Sydney...
Tue 09/04/2013 12:00:00 / Read More »Retail Q&A: Will premium TVs really generate sales this year?
While the major brands market their latest and greatest flat panel TVs, Current.com.au sat down with two retailers to get inside knowledge on the category from the retail front line. So, are the new bigger screens all they're cracked up to be?
Mon 08/04/2013 12:00:00 / Read More »Harvey Norman, Dick Smith and JB given credit for digital radio sales surge
A surge in DAB Digital Radio sales has been attributed to retailers embracing the technology and promoting receivers in the lead-up to major sales events last year.
Mon 25/03/2013 12:00:00 / Read More »OPINION: A breath of fresh Air in Australian retail
When it comes to tech retail, online stores only offer so much. If a retailer does it well in a bricks and mortar store, asking the right questions and up-selling accessories, the experience can be great, as Current learned in JB Hi-Fi yesterday.
Mon 25/03/2013 12:00:00 / Read More »Retail brand rankings show a steep drop at Harvey Norman
International brand management agency Interbrand has announced its rankings of the top retail brands in Australia, with Woolworths topping the list for the second year in a row, and Harvey Norman falling considerably since last year.
Fri 22/03/2013 12:00:00 / Read More »CEO claims an "exciting time for BlackBerry" with Z10 launch
Despite going through a "very difficult and challenging transition" in recent years, BlackBerry is hoping for a change of fortunes with the Australian unveiling of its new BlackBerry 10 operating system and the Z10 smartphone.
Tue 19/03/2013 12:00:00 / Read More »Confidence and clean air needed to optimise LG Optimus G uptake
LG Australia's biggest move in mobile phones since importing Mr Big in 2008 began yesterday when its new flagship handset, the Optimus G, went on sale exclusively through Telstra.
Wed 13/03/2013 12:00:00 / Read More »Optus goes solo in retail with new format
After severing ties with its reseller partner TeleChoice, Optus has announced the rollout of its first Optus-branded 'yes' retail stores on the East Coast, with 10 store openings planned for March in NSW, Queensland and Victoria.
Mon 11/03/2013 12:00:00 / Read More »Leaders and Followers: the best and worst of retailers using Twitter
Twitter has grown from being an upstart microblogging site to one of the most popular social media in the world. Here is our look at how the major retailers, such Harvey Norman, JB Hi-Fi, Dick Smith and The Good Guys are performing on Twitter.
Mon 04/03/2013 12:00:00 / Read More »History made as tablets overtake notebooks; headphones best category
The lead up to Christmas 2012 was the first month in Australian history that the value of tablet sales exceeded notebook sales. This was driven by more the double the amount of tablets sold compared to notebook computers.
Wed 20/02/2013 12:00:00 / Read More »Dodgy rental dealings put appliance retail industry at risk
With two appliance rental providers facing the ire of ASIC in the past week, the industry is certainly coming under increased regulatory scrutiny. So what does it mean for the rest of the retail industry?
Tue 19/02/2013 12:00:00 / Read More »Winners and Losers: Which categories are the biggest at JB Hi-Fi?
Following the release of JB Hi-Fi's half-yearly results, CEO Terry Smart spoke about what's working for the business. So which products and categories are flying, and which are flailing? We break it down in Smart's own words.
Mon 11/02/2013 12:00:00 / Read More »JB Hi-Fi to launch "no interest ever" payment plans
JB Hi-Fi has entered into an agreement with finance provider ThinkSmart to launch a new consumer payment plan in its stores. The "Fido" payment option will join JB's RentSmart rental plans, also provided through ThinkSmart.
Tue 05/02/2013 12:00:00 / Read More »Dick Smith becoming more expensive, still cheaper than JB and Harveys
While electronics products at JB Hi-Fi and Harvey Norman have become slightly more competitive, prices for comparable products are rising at Dick Smith Electronics, according to research conducted by Credit Suisse.
Fri 01/02/2013 12:00:00 / Read More »Myer joins Narta to improve product range and to access special deals
Myer has joined its fierce department store rival David Jones as a member of the Narta buying group. Other members of Narta include Winning Appliances, JB Hi-Fi, Betta Home Living and Bing Lee.
Mon 21/01/2013 12:00:00 / Read More »Asus promotes range with 360-degree marketing experience
After rolling through Melbourne and Brisbane, Asus has set up a unique consumer experience in Sydney's Pitt Street Mall this week to promote its range of Windows 8 products in the lead up to Christmas.
Wed 19/12/2012 12:00:00 / Read More »Harvey Norman begins Microsoft Surface pre-sales with high hopes
Harvey Norman and JB Hi-Fi have begun pre-orders of the Microsoft Surface. While the GM of Harveys was disappointed by Microsoft's early attempts to sell direct, he is glad retailers and consumers can now get their hands on the device.
Fri 14/12/2012 12:00:00 / Read More »Acer opens its first 'Brand Experience' stands, promises not to sell direct
Acer this morning opened two Brand Experience stands at Westfield Bondi Junction and Castle Towers. The PC and tablet supplier says these stands are about engaging with, but not selling to, consumers.
Fri 14/12/2012 12:00:00 / Read More »Check out JB Hi-Fi's newest store: Open spaces & ukuleles abound!
Current.com.au visited JB Hi-Fi's newest store to see how the retailer is faring in the lead up to Christmas, and to take a look at the new fit-out. There was plenty to see (and not as many bright signs as expected), as well as a few surprises.
Fri 14/12/2012 12:00:00 / Read More »Click and compare: Just how price competitive is JB Hi-Fi Home?
Following the launch of JB Hi-Fi Home's appliance retailing website, Current.com.au took a look around at what the major retailers are offering, and how JB's prices compare.
Tue 11/12/2012 12:00:00 / Read More »JB Hi-Fi Home begins selling appliances online
After announcing plans to start selling appliances in JB Hi-Fi Home concept stores, the retailer has launched its new JB Hi-Fi Home website as an online complement to its bricks and mortar offering.
Tue 11/12/2012 12:00:00 / Read More »Cash before presents a new Christmas trend, says SA retail royalty
Pre-Christmas sales to entice individual consumers to part with cash and rile up the Christmas spirit are due to a shift in gift-giving, from presents to cash, as customers become wary of being ripped off in the Boxing Day sales.
Fri 07/12/2012 12:00:00 / Read More »Best and Worst: How good are the traditional retailers at mobile sites?
Mobile browsing is one of the pillars of 'omnichannel retailing' - and some retailers are doing it better than others. We review The Good Guys, Harvey Norman, Appliances Online, JB, Dick Smith, Betta and more in this feature.
Fri 07/12/2012 12:00:00 / Read More »JB Hi-Fi CEO picks his favourite Christmas products for upcoming rush
With 20 days left until Christmas, JB Hi-Fi CEO Terry Smart spoke to Current.com.au about his picks for what will sell this Christmas, and the important thing that sets JB apart.
Tue 04/12/2012 12:00:00 / Read More »Dick Smith new management celebrates by slashing prices, JB joins in
Dick Smith and JB Hi-Fi are both holding big consumer electronics sales tomorrow - slashing the prices on virtually all products in store.
Tue 04/12/2012 12:00:00 / Read More »JB Hi-Fi Home to sell more products, but "some categories may reduce"
As JB Hi-Fi expands into appliance sales, CEO Terry Smart admits stores will need to do careful remerchandising to make room, but that some categories may be pared back.
Thu 29/11/2012 12:00:00 / Read More »JB Hi-Fi retires "tarnished" Clive Anthonys brand
With the announcement of JB Hi-Fi's plans to sell appliances under the JB Hi-Fi Home banner comes news that existing Clive Anthonys stores will be rebadged. According to JB's CEO, it's time the brand was put to rest.
Thu 29/11/2012 12:00:00 / Read More »JB Hi-Fi to start selling appliances in new "JB Hi-Fi Home" concept stores
JB Hi-Fi is set to begin selling appliances by the end of the year with a trial roll out of four JB Hi-Fi Home concept stores. The stores will be converted from Clive Anthonys shopfronts, and will be accompanied by an e-commerce website.
Wed 28/11/2012 12:00:00 / Read More »Motorola's most pearlescent sentence of the year
UnderCurrent almost fell of its unusually low high horse today when it read this incredible paragraph from Motorola Mobility regarding the release of the new white RAZR M...
Tue 27/11/2012 12:00:00 / Read More »Interest-ing payment terms for JB Hi-Fi's new RentSmart service
JB Hi-Fi has launched a new electronics rental program called RentSmart. Products available for renting through the JB website include computers, tablets, smartphones, cameras, accessories and hi-fi equipment.
Mon 26/11/2012 12:00:00 / Read More »New HSBC retail credit card application only has 50 fields to complete
UnderCurrent's Sentence of the Day award goes to HSBC for its media release promoting a new retail credit card application that only has 50 questions to fill out.
Thu 22/11/2012 12:00:00 / Read More »Click Frenzy an embarrassment for online retailers and organisers
The celebration of online retail so heavily promoted by public relations in newspapers has become an embarrassment for the retailers and the organisers, with most of the websites hosting sales crashing due to high demand.
Tue 20/11/2012 12:00:00 / Read More »Click Frenzy is a good idea but Australia needs our own Black Friday
There's a new push to increase online sales and it's being supported, perversely, by several traditional retailers. Instead of copying America's Cyber Monday, these stores should be cloning the Black Friday sales.
Tue 13/11/2012 12:00:00 / Read More »TEAC owners attribute 58% profit slump to Retravision administration
Audio visual brand TEAC's owner TTA Holdings Limited has today reported a 15.2 per cent decline in revenue and a 58 per cent drop in net profit for the 6 months to 30 September 2012. Retravision was singled out as a contributing factor.
Thu 08/11/2012 12:00:00 / Read More »After a "demanding" year, JB Hi-Fi picks top products for Christmas profit
Speaking to shareholders at the company's AGM yesterday, JB Hi-Fi CEO Terry Smart said the company had seen "one of the most demanding periods for retail" over the year, but a few products are expected to boost sales for Christmas.
Thu 01/11/2012 12:00:00 / Read More »A Tale of Three Earphones from Three American Retailers
How hard is it to buy cheap earphones in San Diego? Current.com.au experienced frustration, failures, great service and an altogether interesting retail experience when it sought to answer that question.
Mon 29/10/2012 12:00:00 / Read More »Despite the attention, online sales contribute little to JB Hi-Fi's revenue
Although JB Hi-Fi's online sales are "important" to the retailer, they still equate for only 1.6 per cent of all sales turnover, according to CEO Terry Smart.
Fri 14/09/2012 12:00:00 / Read More »The Good Guys top Canstar Blue's satisfaction survey
Following a survey of more than 1,600 consumers, Canstar Blue has rated Australia's leading electronics retailers. So how did Dick Smith, JB Hi-Fi, Retravision, Harvey Norman and The Good Guys fare in the eyes of customers?
Thu 13/09/2012 12:00:00 / Read More »Apple Store and JB Hi-Fi competition forces Mac 1 store closure
One week before the Apple Retail Store opened in Canberra, the Mac 1 store that had serviced the city's CBD closed to increased competition.
Sun 09/09/2012 12:00:00 / Read More »Apple's Capital investment realised at new Canberra Retail Store opening
Apple opened its 16th retail store in Canberra this morning. Current.com.au was there to cover all the whoops, cheers, consumering and, inevitably, cultish behaviour.
Sat 08/09/2012 12:00:00 / Read More »Apple set to open fourth Melbourne Retail Store in booming northwest
Apple Australia will soon be opening its third Melbourne store in the northwestern area of the greater metropolitan region. This store will join existing Apple Retail Stores in Doncaster and Southland.
Fri 31/08/2012 12:00:00 / Read More »Quietly recycling Kogan the ultimate ironicist?
UnderCurrent wonders how the most publicity hungry importer of TVs could be so shy to discuss the one genuinely newsworthy thing he's done in a long time.
Wed 22/08/2012 12:00:00 / Read More »Samsung opening first direct to consumer store in heart of Sydney
Samsung Electronics Australia will open its first local "Experience Store" later this month, marking the first retail direct-to-market venture by the local subsidiary. Predictably, the store is located close to the Apple store.
Thu 16/08/2012 12:00:00 / Read More »Aussie TV market in good shape claims Samsung at launch of enormous TV
The Australian flat panel TV market is actually performing well and average sales prices are steady, claimed Samsung at the launch last night of its biggest ever TV. Not everyone agrees with this view, however.
Wed 15/08/2012 12:00:00 / Read More »Windows 7: the OS of choice for the criminally insane
UnderCurrent was amused by the intriguing promotion of Windows 7 notebook PCs in its latest catalogues...
Tue 14/08/2012 12:00:00 / Read More »Changes to JB Hi-Fi staffing could lead to theft issues: RBS Equities
Following JB Hi-Fi's announcement yesterday that its gross profit margin has declined (due, in part, to stock loss issues) RBS Equities has forecast that the problem with theft could get worse.
Tue 14/08/2012 12:00:00 / Read More »JB Hi-Fi sees serious growth in online and digital offerings
Despite relatively weak profit results across the whole JB Hi-Fi group, the company's online and digital offerings are showing real strength, with JB Hi-Fi Online posting a 77 per cent increase in sales.
Mon 13/08/2012 12:00:00 / Read More »JB Hi-Fi banking on OLED, 4G, iPhones and Nintendo for continued growth
JB Hi-Fi has today revealed where it sees new growth opportunities in the months leading up to Christmas. TVs, tablets, gaming consoles and cameras are at the fore in JB's planning.
Mon 13/08/2012 12:00:00 / Read More »Steady results for JB Hi-Fi but ghosts of Clive Anthonys remain
JB Hi-Fi has released its results for the 2012 financial year, reporting a boost in sales up to $3.13 billion. But difficulties with Clive Anthonys (including "restructuring" costs from 2011) paint a grim picture for earnings and profits.
Mon 13/08/2012 12:00:00 / Read More »Apple's Retail Store survey provides insight into winning service mentality
How well do Australian retailers know their customers? Harvey Norman, JB Hi-Fi and The Good Guys all have hundreds of thousands of customers - but do they know anything about them?
Fri 13/07/2012 12:00:00 / Read More »New Fujifilm photo album kiosk makes use of Samsung's 40-inch table tablet
Fujifilm today demonstrated the new self-service photo printing booth that it is set to roll out in retail stores, such as partners Harvey Norman and JB Hi-Fi, which will utilise the new Samsung SUR40 with Microsoft PixelSense.
Thu 28/06/2012 12:00:00 / Read More »Lombard signs on with IKEA as it looks to break HSBC & GE stranglehold
Lombard Finance, which has for several years been looking to break HSBC and GE's duopoly in the electrical retail credit industry, has been appointed the interest-free credit provider for IKEA Australia.
Tue 05/06/2012 12:00:00 / Read More »Aggressive discounting blamed for 25% drop in Harvey Norman profits
Harvey Norman Holdings has today announced a profit decline of almost 25 per cent for the nine months to 31 March 2012, compared with the previous corresponding period. Global sales were down 6.7 per cent during this period.
Thu 03/05/2012 12:00:00 / Read More »Appliances Online CEO hits out at discounting rivals
John Winning, the founder of Appliances Online and the CEO of Winning Appliances and BigBrownBox, has hit out at the discounting strategy of his rival retailers, including several NARTA stablemates.
Thu 03/05/2012 12:00:00 / Read More »JB Hi-Fi's reputation slips as punters jump on the Apple brand wagon
Australians still value consumer electronics, but their focus has shifted from big retailers to big brands according to the Annual Corporate Reputation Index. Apple took the most reputable company gong after JB Hi-Fi held it for 2 years.
Tue 01/05/2012 12:00:00 / Read More »Investing in the online space: Dick Smith's e-commerce strategy
With online sales and omnichannel retail pushing their way into the industry consciousness, Current spoke to Dick Smith about the company's focus on e-commerce and the importance of finding the balance between clicks and mortar.
Mon 30/04/2012 12:00:00 / Read More »Harvey Norman the source of discounting that led to JB's slide: RBS report
Following JB Hi-Fi's profit downgrade last week, a leading industry analyst has said that the company's weaker than expected profit forecasts were the result of market-wide discounting, led by Harvey Norman.
Mon 30/04/2012 12:00:00 / Read More »JB Hi-Fi projects drop in annual profits despite steady sales
JB Hi-Fi has announced its profit guidance for FY2012, projecting a slight increase in sales revenue for the year, but a drop in profits to below 2010 levels. Following today's announcement, the company's share price has taken a dive.
Fri 27/04/2012 12:00:00 / Read More »Your loss is our gain: JB eyes WOW & Dick Smith market share
There have been big changes retail this year, with WOW Sight & Sound going into administration and Dick Smith announcing the closure of 100 stores by February 2014, but JB Hi-Fi is ready to take up that slice of the pie.
Fri 27/04/2012 12:00:00 / Read More »JB Hi-Fi chairman steps down after 12 years at the company
JB Hi-Fi has announced the retirement of the chairman of the company board, Patrick Elliott. Elliot spent 12 years at JB Hi-Fi, during which time the it successful transformed from a private to publically-listed company.
Thu 05/04/2012 12:00:00 / Read More »How Apple and the major retailers have responded to ACCC iPad 4G demands
It's been one week since Apple promised to provide notification on its website as to the lack of 4Gness of its new iPad. Apple has delivered, updating its website to include the prescribed text, as have several of its authorised resellers.
Tue 03/04/2012 12:00:00 / Read More »JB Hi-Fi prepares to release JB Now app for iPhone and Android
JB NOW, the music streaming product announced last year by JB Hi-Fi, is moving out of beta, with the company releasing this video promoting and demonstrating the new app.
Fri 30/03/2012 12:00:00 / Read More »JB Hi-Fi Commercial picks up two WOW employees, expands into WA
JB Hi-Fi has picked up two new recruits from the collapse of WOW Sight & Sound for its Queensland Commercial Division, as well as two new recruits for its Gift Card and its new WA Commercial businesses.
Wed 14/03/2012 12:00:00 / Read More »JB Hi-Fi moving in to redeveloped Brunswick shopping centre
JB Hi-Fi is moving in to the refurbished Barkley Square shopping complex in Brunswick, Victoria. Take a look at what the new centre is set to look like.
Tue 13/03/2012 12:00:00 / Read More »CE Retailers use deals to lure online shoppers: so what's on offer?
Online shoppers are increasingly gravitating towards discounted deals, according to new research from technology analysts Telsyte. So just what are Australian appliance & CE retailers offering their loyal online followers?
Tue 06/03/2012 12:00:00 / Read More »WOW! I did not see that coming: looking back at the failed retailer
Back in 2008, Current.com.au met with the head office team at WOW! Sight & Sound. Everything was very rosy back then, but a look at the past four years reveals cracks in the facade.
Tue 28/02/2012 12:00:00 / Read More »JB Hi-Fi now playing in musical instruments, but only in selected stores
JB Hi-Fi has greatly expanded its musical instruments range, which is being sold in selected stores in four states of Australia. This move is a result of the increased margin pressure being caused by price erosion in consumer electronics.
Fri 24/02/2012 12:00:00 / Read More »JB Hi-Fi is the best of the bunch but tough times ahead
JB Hi-Fi is the best performing listed electronics retailer, but cautious consumer spending and destructive price erosion is testing its ability to maintain growth in a compressed market.
Tue 14/02/2012 12:00:00 / Read More »Stability now as JB Hi-Fi sales rise as profits fall
JB Hi-Fi released its half-yearly results today, posting a 5% increase in revenues, but a 9% drop in profits. However, CEO Terry Smart remains positive for the year ahead.
Mon 13/02/2012 12:00:00 / Read More »JB Hi-Fi CODB up for first time in 7 years, online booming, grey market growth
The most interesting and relevant take-outs from JB's investor briefing are here, with cost of doing business rising for the first time in seven years, online booming on back of grey growth, NOW going alpha and entry into musical instruments.
Mon 13/02/2012 12:00:00 / Read More »Woolworths to sell off Dick Smith & close up to 100 stores
Following a formal strategic review, Woolworths has announced it will be selling off the ailing Dick Smith chain. Big W will be Woolworths' new focus for CE, while 100 "underperforming" Dick Smith stores face the chop.
Tue 31/01/2012 12:00:00 / Read More »Ultrabooks, Dick Smith and JB Now - Five Minutes with JB Hi-Fi CEO
Back in the office after his Christmas break, JB Hi-Fi CEO Terry Smart has answered some quickfire questions on CES, JB's share price, the year ahead and persistent rumours linking the company with mergers and acquisitions.
Wed 25/01/2012 12:00:00 / Read More »Woolworths could cut Dick Smith store numbers in half: analysts
With Woolworths Limited conducting a formal review of Dick Smith, industry analysts have predicted that almost half of the embattled retailer's stores could be closed, and that the chain could be viewed as "up for sale".
Tue 24/01/2012 12:00:00 / Read More »Harvey Norman franchisee model branded 'unsustainable' by investment bank
Macquarie Securities has declared Harvey Norman's franchisee fee structure as "unsustainable" given the current retail market's propensity towards discounting in low margin categories.
Mon 23/01/2012 12:00:00 / Read More »"Bigger issues at play" in DSLR direct importing: Harvey Norman
While Harvey Norman has launched a website for direct import console game sales, the head of the company's computers division said he was 'not convinced' that direct importing cameras was a wise move.
Wed 18/01/2012 12:00:00 / Read More »Retail insights: Just how well are JB, Harveys, Myer & DJs faring?
Despite JB Hi-Fi's recent profit downgrade, industry analysts suggest that "the market is unfairly valuing" the company. Meanwhile for Australia's other big retailers, electrical products are proving to be a tough sell.
Fri 13/01/2012 12:00:00 / Read More »JB Hi-Fi shares drop 15% after profit downgrade
JB Hi-Fi has sent shockwaves through the retail sector after issuing a profit downgrade after the close of trade yesterday afternoon, blaming the discounting of other retailers and price deflation in the AV sector.
Fri 16/12/2011 12:00:00 / Read More »Best of 2011: Biggest Retail Stories of the Year
Current.com.au is winding up today, but not before we look at the retail stories that got us all talking during 2011. It was a year of new stores, new products and new ways of selling to consumers.
Thu 15/12/2011 12:00:00 / Read More »Best of 2011: Biggest Digital Stories of the Year
After a year of great news coverage, Current takes a look back at the biggest stories of 2011 in the digital arena, including the hot products and the big brands.
Wed 14/12/2011 12:00:00 / Read More »JB NOW music streaming service goes live
After much anticipation, JB Hi-Fi's music streaming service, JB NOW, is finally here. Current takes a look at how it all works, what it costs, and what the kids are listening to these days.
Tue 13/12/2011 12:00:00 / Read More »I AM the most searched tech ad of 2011: Nikon's win
Congratulations to Nikon's marketing department: Google this morning revealed its long form I AM Nikon cinema advertisement was the most searched tech ad of 2011.
Wed 07/12/2011 12:00:00 / Read More »JB NOW music service accepting registrations, reveals pricing and details
JB Hi-Fi is currently accepting expressions of interest for its new JB NOW music streaming service, which will be launching soon. JB has further confirmed that the mobile applications for this service will be released in early 2012.
Tue 06/12/2011 12:00:00 / Read More »The appiest place on earth: Welcome to Androidland
Telstra is experimenting with a new retail format for its flagship Melbourne shopfront - a store within a store dedicated to Android tablets and smartphones, set to offer consumers a new level of interactivity.
Mon 05/12/2011 12:00:00 / Read More »Please, please, please let me get some customers this Christmas
Australian electronics retailers are amongst the biggest TV advertisers in the country, with Harvey Norman, JB Hi-Fi and Bing Lee all yelling at us to Go, Smash and Negotiate. None, however, can compare to this ad.
Mon 28/11/2011 12:00:00 / Read More »The fiend in the fine print: Just how competitive is Harvey Norman Online?
Following the launch of Harvey Norman Online last week, Current takes a look at the fine print on prices and procedures. Is Harveys really offering the Best Price, and will other franchises ultimately pay the cost?
Mon 28/11/2011 12:00:00 / Read More »Harvey Norman v Good Guys v JB and the rest: Guide to clicks and mortar
Harvey Norman yesterday took its long-awaited e-plunge - find out how its offer compares to The Good Guys, Betta, Dick Smith, Retravision, Appliances Online, JB Hi-Fi, Bing Lee and WOW Sight & Sound.
Thu 24/11/2011 12:00:00 / Read More »UPDATE: Canon issues fighting words to JB Hi-Fi over grey imports
Canon is disappointed by JB Hi-Fi's decision to directly import cameras, issuing a thinly-veiled threat to move its business elsewhere if the move causes any changes in sales results.
Mon 21/11/2011 12:00:00 / Read More »Nikon Australia's five point response to the rise of the Grey Market
So pervasive is the threat of grey imports to Nikon, the manufacturer has provided a five point guide to why purchasing its products from authorised resellers instead of parallel importers.
Mon 21/11/2011 12:00:00 / Read More »JB CEO defends grey imports: Full interview with Terry Smart
Following JB Hi-Fi's decision to direct import DSLRs, CEO Terry Smart spoke exclusively to Current to defend the move, saying it was necessary to educate consumers on grey products, and JB was "not telling them what is right or wrong".
Mon 21/11/2011 12:00:00 / Read More »90 years later, Whitfords is expanding and going online
The Whitfords store in Sydney has been in the family for almost a century. Next month, a new showroom will be opened and the retailer will commence online trading.
Mon 21/11/2011 12:00:00 / Read More »UPDATED: JB starts direct importing "grey market cameras"
JB Hi-Fi has a new Direct Import offering on its online store - at prices significantly lower than the 'hot prices' found elsewhere on its site - despite saying the local supply chain "supports the Australian economy and jobs".
Fri 18/11/2011 12:00:00 / Read More »2nds World launches new online sister company: Savvy Appliances
Factory seconds retailer 2nds World has started a new online store, called Savvy Appliances. In a departure from the "Tiny ding, huge savings" theme of its bricks and mortar stores, Savvy Appliances promotes itself as retailer of first run products.
Thu 10/11/2011 12:00:00 / Read More »Retailers and channel recognised at Logitech awards night
Dick Smith, JB H-Fi and Bing Lee were amongst the winners at Logitech's Alto Awards in Sydney last night. Logitech holds these awards annually to recognise and thank its retail and channel partners.
Fri 28/10/2011 12:00:00 / Read More »'Our point of difference is our staff': JB Hi-Fi chairman on retail success
JB Hi-Fi held its AGM today, with CEO Terry Smart and chairman Patrick Elliott discussing the company's successes - including the strength of its staff.
Wed 12/10/2011 12:00:00 / Read More »HD video is Samsung's Smart silver bullet for Music Hub streaming service
Samsung last night joined the burgeoning music streaming cloud crowd with the official launch of Music Hub, a music streaming service for smartphones and a video streaming service for Smart TVs.
Fri 07/10/2011 12:00:00 / Read More »Though mostly reasonable, JB NOW could lead to billshock in extreme cases
JB Hi-Fi's music streaming service, called JB NOW, should not have a major effect on home broadband quotas, though heavy usage on the upcoming smartphone app could lead to billshock in extreme cases.
Fri 09/09/2011 12:00:00 / Read More »The race to entanglement central to JB Hi-Fi music streaming success
A fast start is imperative for JB Hi-Fi's new music streaming service, JB NOW, to be profitable.
Thu 08/09/2011 12:00:00 / Read More »JB Hi-Fi offering $100 trade-in on Canon DSLRs
JB Hi-Fi is offering a $100 discount on certain Canon DSLR cameras for consumers that trade in an old camera.
Fri 26/08/2011 12:00:00 / Read More »Sales skills a must in changing retail landscape: industry pro
The emergence of big box retailers such as Costco and Woolworths' impending Masters outlets is placing enormous pressure on traditional retailers to maintain market share, a point made even more difficult by a lack of trained sale staff.
Wed 10/08/2011 12:00:00 / Read More »JB Hi-Fi's music streaming service to add $19m to the Mix(tape)
Following the release of JB Hi-Fi's yearly results this week, Macquarie Equities Research has predicted that the JB star will continue to rise thanks to its new music streaming service.
Wed 10/08/2011 12:00:00 / Read More »JB Hi-Fi defies downturn to post sales and profit growth, new stores planned
JB Hi-Fi has continued to defy the doom and gloom surrounding traditional retail, posting an improved normalised net profit after tax result of just over $134 million for the 12 months to July 2011.
Mon 08/08/2011 12:00:00 / Read More »JB Hi-Fi to take on Sony with new music streaming service
JB Hi-Fi is set to go head-to-head with key suppliers, including Sony, by launching its own music streaming service, according to CEO Terry Smart.
Mon 08/08/2011 12:00:00 / Read More »Competition unfazed by Penrith Apple Store opening Saturday
The Sanyo Panthers, Panthers World of Entertainment, the Krispy Kremes at Panthers and Panthers Aquagolf. And now an iPanther. The good people at the foot of the Mountains, in Penrith in western Sydney, are getting an Apple Store.
Tue 19/07/2011 12:00:00 / Read More »Retailers feel the stockwaves after DJs profit slump
Following an announcement made yesterday by David Jones heralding dwindling profits for 2012, stock prices plummeted across the retail sector.
Fri 15/07/2011 12:00:00 / Read More »A slow retail market? Online sales aren't totally to blame
Online sales are on the rise, but according to figures released today by Macquarie Equities Research, e-commerce shouldn't take all the blame for a lagging retail economy.
Tue 05/07/2011 12:00:00 / Read More »Asus answers questions regarding lack of in-store Transformer stock
Asus Eee Transformer stock arrived in Australia on 18 May 2011 and was shipped to retailers for an on-sale date of 25 May 2011. This information was provided after numerous consumer complaints of lack of stock on shelves.
Fri 27/05/2011 12:00:00 / Read More »Costco expansion to have severe consequences for traditional retailers
The expansion of US warehouse retailer Costco in New South Wales and the ACT is expected to have a significant effect on the pricing of brand name products. One expert has worked out that Costco's prices are 35% cheaper on average.
Wed 25/05/2011 12:00:00 / Read More »It's alive! New JB Hi-Fi concept store a chance to "experiment" says CEO
JB Hi-Fi's new brand-based concept store has launched in Sydney, giving the company a chance to "experiment" with their traditional store model, according to CEO Terry Smart.
Wed 25/05/2011 12:00:00 / Read More »JB Hi-Fi CEO questions Conroy's Set-Top Box Scheme pricing
The pricing of the Federal Government's Set-Top Box Scheme is "heavy", according to JB Hi-Fi CEO Terry Smart.
Mon 23/05/2011 12:00:00 / Read More »JB Hi-Fi looks to advance its online and in store payment process
JB Hi-Fi will enhance it's in store point of sale system by integrating it with its online payment processing system, which is delivered by financial services company ThinkSmart.
Fri 06/05/2011 12:00:00 / Read More »Harvey Norman's destination store model at risk, JB and Dick Smith to benefit
Harvey Norman's imminent entry into full-service online trading may be a necessary diversification, with industry analysts predicting significant challenges to the iconic retailer's destination store business model.
Fri 29/04/2011 12:00:00 / Read More »Sex scandal hurting DJs' reputation, Optus best telco: brand rankings
David Jones reputation has taken a big hit in the 12 months since its CEO was forced to resign in disgrace. Meanwhile, JB Hi-Fi, The Good Guys and Harvey Norman are flying. Plus, the battle of the telcos.
Mon 18/04/2011 12:00:00 / Read More »JB to remain strong despite $33m write-down, iPad, 3DS and TV boom predicted
Despite price erosion in flat panel TVs and the $33 million write down to restructure the Clive Anthony's business, JB is still considered a retail business behemoth by Australia's premier investment bank.
Fri 01/04/2011 12:00:00 / Read More »JB Hi-Fi announces Clive Anthonys $33.4 million write-down
The ten Clive Anthonys stores under the JB Hi-Fi umbrella could face rebranding or even closure as part of a restructuring plan predicted to cost a one-off post-tax charge of $24.8 million.
Tue 29/03/2011 12:00:00 / Read More »King Richard formally returns to the JB Hi-Fi realm
Richard Uechtritz will rejoin the JB Hi-Fi team in late April, with the former CEO and managing director returning as a non-executive director.
Tue 29/03/2011 12:00:00 / Read More »JB Hi-Fi has the best multichannel offering, expert analyst says
Domestic high street retailers are trailing behind JB Hi-Fi, whose early adoption into the online market has resulted in a fully integrated offering that presents significant sales potential, according to a Macquarie Securities Group analyst.
Thu 10/03/2011 12:00:00 / Read More »Car amplifier sold at JB Hi-Fi recalled
Custom Car Sound has recalled a car audio amplifier due to a fire hazard caused by overheating.
Mon 07/03/2011 12:00:00 / Read More »Old format stores dragging the chain as Dick Smith races to upgrade
Woolworths is racing to reposition its entire Dick Smith chain of stores with the new format, with sales results showing a marked increase in sales in the Techxperts stores compared to older format stores.
Fri 25/02/2011 12:00:00 / Read More »Cheap HD LCD TV recall at JB Hi-Fi and Clive Anthonys
All units of a recently released 42-inch HD LCD TV and its stand have been recalled nationally due to the risk of falling and causing injury.
Tue 22/02/2011 12:00:00 / Read More »Casual gaming market saturated: JB Hi-Fi CEO
When JB Hi-Fi reported its half year figures last week it said there had been a decline in games driven by lower sales of Nintendo Wii, Nintendo DS and Sony PSP. So how will this year's soon to be released devices affect future sales?
Fri 18/02/2011 12:00:00 / Read More »JB Hi-Fi online covers all the bases: CEO Terry Smart
Online sales for the company grew by 35 per cent in the first half of the financial year. JB Hi-Fi CEO Terry Smart tells us what he predicts the next six months will hold for the online enterprise as well as his take on social media.
Thu 17/02/2011 12:00:00 / Read More »Consumer caution costs Harvey Norman: flat first half sales results
First Myer reported its earnings could be 5 per cent lower than forecasted, and then JB Hi-Fi admitted a "volatile" marketplace, now today the electrical and furniture giant has released sales consistent with the week's lacklustre trend.
Fri 11/02/2011 12:00:00 / Read More »Ipswich Riverlink shopping centre closed due to flooding (images)
Current.com.au has obtained exclusive images of the Riverlink shopping centre, which reveal just how devastating the flooding has been.
Wed 12/01/2011 12:00:00 / Read More »Best of 2010: Biggest Retail Stories of the Year
In our first look back at the biggest stories of 2010, we take a look back at the most popular retail stories of the year. There's an expansion, a collapse, a survey and a pay rise that didn't quite happen.
Tue 21/12/2010 12:00:00 / Read More »The Good Guys online a clear winner in exclusive poll
Its new Clicks and Mortar online sales proposition might be a little confusing for some, but The Good Guys website has been voted the best online experience amongst the traditional retailers. Find out how Harveys, JB and Retra fared.
Wed 08/12/2010 12:00:00 / Read More »Retailers won't be sidestepped by suppliers selling online
In response to yesterday's story on the threat to retailers if consumers purchase directly from manufacturers, one insider has said that it will be a "long, long time" before this actually happens, if at all.
Wed 08/12/2010 12:00:00 / Read More »Retailer wrap: Harvey Norman posts positive results despite pessimism
The Thorn Group and Harvey Norman were the only two retailers to post positive results in today's listed retailer wrap.
Fri 03/12/2010 12:00:00 / Read More »Listed retailer wrap: Every Thorn has a rose
On the back of a solid profit announcement and the news that it is offloading its BigBrownBox online retail website, Thorn Group has had the best week amongst the seven major listed retailers.
Fri 26/11/2010 12:00:00 / Read More »Listed retailer wrap: DJs wins the week
Every Friday, Current.com.au will produce an update on how the seven major listed retailers performed across the week. It's a stable week to kick things off, with DJs the best of a steady lot.
Fri 19/11/2010 12:00:00 / Read More »3D TVs: how low will they go?
As many people in the CE industry predicted, large screen 3D TV prices have fallen under the $2,000 mark in the run up to Christmas, and in some cases, well under.
Fri 19/11/2010 12:00:00 / Read More »Guess which retailer has a surging share price
UPDATES: Harvey Norman? JB Hi-Fi? David Jones? Only one major listed retailer has improved their share price over the last 12 months. Read on to find out which it is.
Wed 17/11/2010 12:00:00 / Read More »Gizmo on the hunt for new consumers and retailers
After sale service provider Gizmo, which currently markets its products in Harvey Norman and JB Hi-Fi stores, is on a consumer and retailer marketing drive.
Tue 16/11/2010 12:00:00 / Read More »JB Hi-Fi boss comments on Christmas sales and shrinkage
JB Hi-Fi CEO, Terry Smart, told Current.com.au that the electrical retailer reduces stock shrinkage through non-negotiable staff procedures and sales incentives, over reduced shrinkage incentives.
Fri 22/10/2010 12:00:00 / Read More »JB Hi-Fi boss Terry Smart bets on success
On the same day Terry Smart announced to JB Hi-Fi shareholders a 12.2 per cent increase in sales for Q1 FY11, he acquired the largest amount of options over ordinary shares in JB Hi-Fi since his ascension to CEO in June.
Wed 20/10/2010 12:00:00 / Read More »JB Hi-Fi targeting Victoria and NSW in store expansion
JB Hi-Fi has revealed the locations of 15 new stores that are expected be opened by the end of FY2011. The stores are spread throughout Australia and New Zealand, with particular emphasis on Victoria and New South Wales.
Wed 13/10/2010 12:00:00 / Read More »JB Hi-Fi chairman and CEO comment on strong dollar and discounting
JB top brass have said discounting will continue through the Christmas trading period, and they have explained why the strong Australian dollar impacts manufacturers more than retailers.
Wed 13/10/2010 12:00:00 / Read More »Harvey Norman, Sony and Apple amongst best brands in Australia
Last week it was global perceptions, now it's just Australia. A local leading brand consultant has released its rankings: this time it's all about Australia. Find out who made the Top 100 and who missed out.
Fri 24/09/2010 12:00:00 / Read More »Gen Y nab retail bargains: retailer comments
Differences in spending habits demarcate the gap between generations and may provide retailers insight on how to target products to key demographics.
Wed 18/08/2010 12:00:00 / Read More »New technology sustains JB Hi-Fi sales, but stock shortages hurt
Constant technological innovation will continue to bolster sales in the face of subdued consumer spending, said JB Hi-Fi in a statement released to the Australian Securities Exchange (ASX).
Mon 09/08/2010 12:00:00 / Read More »JB Hi-Fi expects record growth to extend into 2011
JB Hi-Fi has today reported a 26 per cent increase in full year profit to $118.7 million, up from $94.4 million in the previous year.
Mon 09/08/2010 12:00:00 / Read More »Retailers and suppliers debate 'The China Conflict'
A survey conducted by Current.com.au has found suppliers and retailers at loggerheads over 'The China Conflict'.
Thu 05/08/2010 12:00:00 / Read More »JB Hi-Fi CEO comments on rate hold
The anticipated hold on interest rates was well received by consumers and retailers alike, although executives like Terry Smart approach the future with reservation.
Thu 05/08/2010 12:00:00 / Read More »How JB Hi-Fi turned an angry shopper into a life-long customer
A disgruntled JB Hi-Fi consumer received an unexpected response recently, with a senior member of the JB team taking a personal interest in his plight in order to ensure the retail group retained his custom.
Tue 03/08/2010 12:00:00 / Read More »The Good Guys outdo the big guys
A consumer goods survey measuring customer satisfaction has revealed surprising results for Australia's preferred electronics retailers.
Fri 30/07/2010 12:00:00 / Read More »Stock shortages and timing have hurt panel sales during World Cup
Although the 2010 World Cup has improved panel sales at a retail level, the increase has not been as dramatic or as significant as other major sporting events, such as the 2008 Beijing Olympics, according to both a leading retailer and a major supplier.
Wed 07/07/2010 12:00:00 / Read More »JB Hi-Fi extends with office finance company
International computer and office equipment financing company, ThinkSmart, has announced a two year contract extension with JB Hi-Fi that will see the three year relationship through to the middle of 2012.
Wed 09/06/2010 12:00:00 / Read More »JB Hi-Fi CEO doesn't trust competitors with internal data
In the second part of a one-on-one interview with new JB chief Terry Smart, Current.com.au looks at the retailer's relationship with market research institute, GfK.
Mon 07/06/2010 12:00:00 / Read More »Smart in the Spotlight: face-to-face with the new JB Hi-Fi chief
Current.com.au yesterday secured a one-on-one interview with the new CEO of JB Hi-Fi. After the halcyon days of Richard Uechtritz, the new man in charge has a lot to live up to.
Fri 04/06/2010 12:00:00 / Read More »Architect of JB Hi-Fi success goes out on top
Richard Uechtritz has walked out of the JB Hi-Fi boardroom as a director for the final time, with last Friday formally marking the end of his extraordinarily successful time with the company.
Mon 31/05/2010 12:00:00 / Read More »JB chief believes Clive Peeters stores may be a tough sell
With Clive Peeters sites possibly available after the retailer yesterday entered receivership, JB CEO Richard Uechtritz told Current.com.au that the stores may not be as attractive as they seem.
Fri 21/05/2010 12:00:00 / Read More »JB reveals margin pressure and new Clive Anthonys branding
JB Hi-Fi is still racking up the sales and ticking over profits, but its margins have taken a huge hit. Plus, new Clive Anthonys branding, which proudly declares that consumers can pay less for cash.
Fri 07/05/2010 12:00:00 / Read More »Harvey Norman's leadership praised, but rival retailers come out on top
JB Hi-Fi may have been named the most reputable corporation in Australia, but a number of other retailers were also up there as brands of note, with Harvey Norman receiving praise for its leadership.
Wed 05/05/2010 12:00:00 / Read More »Unhappy JB Hi-Fi employees stage further protests in New Zealand
JB Hi-Fi workers in New Zealand have implemented their second round of industrial action in the last three weeks, with rallies at the Wellington and Auckland stores held on Saturday.
Mon 03/05/2010 12:00:00 / Read More »Loss-making New Zealand stores diminishing JB Hi-Fi profits
JB Hi-Fi chief executive, Richard Uechtritz, has told Current.com.au that the company's New Zealand division is unprofitable and dragging down overall profits.
Tue 20/04/2010 12:00:00 / Read More »JB Hi-Fi CEO calls New Zealand strike action 'absurd'
JB Hi-Fi chief executive, Richard Uechtritz, has dismissed last week's strike action at a store in New Zealand.
Mon 19/04/2010 12:00:00 / Read More »Disgruntled JB Hi-Fi workers strike in New Zealand
Staff at JB Hi-Fi's Wellington store in New Zealand have taken what union organisers call the first ever industrial action against the retailer.
Fri 16/04/2010 12:00:00 / Read More »JB Hi-Fi looks forward to Samsung 3D TV after recent fall in sales numbers
As the positive sales influence of last year's Federal Government stimulus payments continues to dissipate, major retailers are starting to see a decrease in performance.
Thu 15/04/2010 12:00:00 / Read More »Soniq making large screen TVs affordable
Soniq has unveiled two new large screen Full HD LCD televisions. The brand that is sold exclusively through JB Hi-Fi stores, is offering a 40-inch panel for under $800.
Mon 22/03/2010 12:00:00 / Read More »Soniq unveils 500GB PVR for under $350
Soniq Multimedia has just released the QMR600X High Definition Multimedia Recorder, which offers consumers the ability to record and timeshift live TV on a 500GB hard drive for only $349.
Thu 11/02/2010 12:00:00 / Read More »New CEO is up to the job: Uechtritz endorses new JB boss
In an interview with Current.com.au, outgoing JB Hi-Fi CEO Richard Uechtritz has today endorsed Terry Smart as the new boss of the phenomenal listed retailer.
Mon 08/02/2010 12:00:00 / Read More »JB Hi-Fi continues to smash records
JB Hi-Fi Limited has just announced a record half yearly net profit of $76 million from $1.554 billion in sales for the six month period ending 31 December 2009.
Mon 08/02/2010 12:00:00 / Read More »JB boss discusses Hill and Stewart closures in New Zealand
According to JB Hi-Fi CEO, Richard Uechtritz, the company's Hill and Stewart branded stores are in the process of closing down or have been closed throughout New Zealand.
Tue 12/01/2010 12:00:00 / Read More »We can beat 2009 records: JB Hi-Fi boss
Not content with setting new sales records during a recession, JB Hi-Fi boss Richard Uechtritz has said there is no reason the boom retailer can't go even better in 2010.
Wed 06/01/2010 12:00:00 / Read More »Fraud, lying and deceit: just another year for CE retailers
Today we look back on the biggest stories about the retailers in this industry during 2009. It's a great mix of success and failure, honesty and treachery, disaster and recovery. No prizes for guessing Number One this time.
Wed 23/12/2009 12:00:00 / Read More »Shocking Logitech power adapter recalled
Logitech Australia Computer Peripherals has issued a product recall for a power adaptor on one of its iPod and iPhone alarm clocks due to a risk of electric shock. Big W, JB Hi-Fi, Harvey Norman and The Good Guys have all sold this product.
Thu 10/12/2009 12:00:00 / Read More »JB and WOW gearing up for Christmas at new stores
Home entertainment retail specialists JB Hi-Fi and WOW Sight & Sound are both celebrating first Christmases in recently opened stores. The bosses of both stores agree on what products will be hot this Christmas.
Mon 30/11/2009 12:00:00 / Read More »TiVo to abandon online sales for retailer exclusives
The new TiVo 320 device will be sold exclusively through only three major retail partners, Harvey Norman, JB Hi-Fi and Myer, with the distributor abandoning all other sales channels, including online.
Thu 26/11/2009 12:00:00 / Read More »CEO reveals: 'We've thought about renaming Clive Anthonys'
Clive Anthonys and Clive Peeters: they sound similar but are totally separate. Current.com.au can now reveal that JB Hi-Fi, owner of the Clive Anthonys chain, has repeatedly considered changing the name to avoid confusion.
Wed 25/11/2009 12:00:00 / Read More »JB Hi-Fi buys out Betta store, taking on Sony Centre
The BSR Group has lost another store from its cache, with JB Hi-Fi this afternoon confirming it has purchased the Betta Electrical store at World Square in Sydney's CBD. It's going to be a packed precinct, with Sony and Bing Lee next door.
Wed 02/09/2009 12:00:00 / Read More »Telstra recognises JB Hi-Fi as its top retailer
At its annual Channel Partners Conference last week, Telstra recognised JB Hi-Fi's strong performance in the sector, with three awards including Channel Partner of the Year.
Tue 01/09/2009 12:00:00 / Read More »Are your catalogues reaching their destination?
A leading pamphlet and catalogue distributor for major retailers like Harvey Norman, The Good Guys, JB Hi-Fi, Officeworks, Retravision and Kmart has been pulled up by the ACCC for misleading delivery claims.
Thu 25/06/2009 12:00:00 / Read More »JB Hi-Fi and ThinkSmart extend contract
JB Hi-Fi and leading international computer and office equipment financing company, ThinkSmart Limited, have extended their contract through to mid-2011, and introduced its new online processing system across all 105 stores.
Wed 17/06/2009 12:00:00 / Read More »JB CEO talks restructure and redundancies at Clive Anthonys
JB Hi-Fi CEO Richard Uechtritz has confirmed the closing of a Clive Anthonys warehouse on the Gold Coast. In an interview with Current.com.au, Uechtritz said that an unspecified number of staff were made redundant.
Wed 10/06/2009 12:00:00 / Read More »JB Hi-Fi expects massive growth for FY09
JB Hi-Fi has released its financial expectations for FY09 and has outlined that its profit forecast for the full year is sitting at $92 million, a 41 per cent increase. As well as this sales are also predicted to rise 26 per cent up to $2.3 billion.
Tue 09/06/2009 12:00:00 / Read More »Insight into Samsung's strategy for selective distribution
After four years, Samsung is back in notebooks, but not in every store. Only four retail groups have been chosen to retail the new range. Find out who they are and why they were chosen.
Wed 27/05/2009 12:00:00 / Read More »Internet phone company announces new chairman
According to the ASX, Freshtel Holdings, the internet telephone company which distributes its VoIP products through retailers like JB Hi-Fi, Clive Peeters, Bing Lee, Office Works and Radio Rentals, has appointed a new non-executive director and chairman.
Fri 22/05/2009 12:00:00 / Read More »Freshtel Holdings director resigns
Freshtel Holdings Limited announced on Friday that non-executive director Spiros Nikolakopoulos has tendered his resignation in order to take up the challenge of a new full-time role in the telecommunications space.
Mon 27/04/2009 12:00:00 / Read More »Second hand computer game sales on the rise
In tough economic times the video games industry has seen impressive growth over 2008 and the second-hand game industry has also benefited.
Wed 11/02/2009 12:00:00 / Read More »JB Hi-Fi to open 21 new stores by 30 June
JB Hi-Fi said today it plans to open 21 stores by 30 June which is more stores than it has ever opened in one year since formation as the company continues on its target to open 150 stores within the next five years.
Tue 10/02/2009 12:00:00 / Read More »JB Hi-Fi CEO "cautiously optimistic" to hit $2.35bn by July
JB Hi-Fi CEO Richard Uechtritz has said sales have held up in January and February and he is cautiously optimistic that he will meet previous expectations of $2.35 billion in sales by 30 June.
Tue 10/02/2009 12:00:00 / Read More »High-fives for JB as half year net profit hits $59 million
JB Hi-Fi impressed the market this morning with a record first half net profit increase of 41 per cent to $59 million from sales of $1,262 billion in sales for the six months ending 31 December 2008.
Tue 10/02/2009 12:00:00 / Read More »JB Hi-Fi shares jump 14 per cent after strong result
JB Hi-Fi shares have jumped through the $10.00 mark after rising by 14 per cent or $1.25 to $10.45 in early trade today.
Tue 10/02/2009 12:00:00 / Read More »Clive Peeters all silent on the ASX front
Pressure is mounting on Clive Peeters, and its managing director Greg Smith, to post updated profit guidance and sales reports to the ASX. Harvey Norman and JB Hi-Fi have been proactive in doing so - but Clive Peeters has been silent.
Thu 16/10/2008 12:00:00 / Read More »JB chairman applauds success, has crack at retail rivals
JB Hi-Fi's non-executive chairman has used his speech at the company's AGM to praise the staff and business model - and he had some interesting things to say about JB Hi-Fi's competitors in the consumer electronics game.
Tue 14/10/2008 12:00:00 / Read More »JB Hi-Fi gets TiVo
JB Hi-Fi has signed up with Hybrid Television Services, the supplier of TiVo, to distribute the electronic television recorder. The device was originally sold exclusively through Harvey Norman stores.
Fri 10/10/2008 12:00:00 / Read More »JB posts good early sales report as share price tumbles
JB Hi-Fi CEO Richard Uechtritz has announced sales and earning increases to the ASX this morning. Plus, the six new JB stores are going well. This hasn't stopped the share price tumbling in early trading. UPDATE ON SHARE PRICE.
Tue 07/10/2008 12:00:00 / Read More »JB Hi-Fi goes for Gold in Sydney
The 2008 Australian Retailers Association Awards will be held tomorrow night in Sydney with JB Hi-Fi competing for the most prestigious award on offer.
Mon 11/08/2008 12:00:00 / Read More »JB's beats rivals to the Eee PC 1000, selling it before release
JB Hi-Fi has scored a massive coup with the new Asus Eee PC 1000, offering it for sale in its latest catalogue ahead of all its competitors and several days before the computer has even been released officially.
Mon 14/07/2008 12:00:00 / Read More »Former Forty Winks GM takes on BGRA executive role
The Bulky Goods Retailers Association (BGRA) has appointed long time vice president Roger Wilson as assistant to the executive director, Philippa Kelly.
Wed 19/03/2008 12:00:00 / Read More »NZ to get free-to-air HDTV from April
New Zealand has launched its first free-to-air HDTV broadcast service, bringing the country into line with Australia and other nations in the race to HD content.
Tue 04/03/2008 12:00:00 / Read More »Harvey Norman's new Frankston store won't affect sales: The Good Guys
Harvey Norman will enter the Mornington Peninsula market late next year when it moves into a new shopping centre behind Frankston's McMahon's Road complex but The Good Guys store manager in Frankston said it will not affect his sales.
Thu 06/12/2007 12:00:00 / Read More »
