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 »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 »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 »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 »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 »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 »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 »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 »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 »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 »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 »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 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 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 »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.
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