JB Hi-Fi

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JB Hi-Fi Ltd
Traded asASXJBH
FoundedKeilor East, Victoria, Australia (1974; 45 years ago)
FounderJohn Barbuto
HeadquartersMelbourne, Australia
Number of locations
Key people
ProductsConsumer electronics, major appliances and small appliances
RevenueIncreaseA$4 billion (2016)
IncreaseA$221 million (2016)
IncreaseA$152 million (2016)
SubsidiariesThe Good Guys

JB Hi-Fi is a publicly listed Australian retailer that sells and specialises in consumer goods. JB Hi-Fi has locations in Australia and New Zealand; the company (which is publicly listed on the ASX) is based in Melbourne, with its headquarters located in Southbank.


JB Hi-Fi store in Stockland Rockhampton Shopping Centre, Rockhampton, Queensland

JB Hi-Fi was established in the Melbourne suburb of Keilor East by John Barbuto in 1974.[1] 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.[2]

As of August 2018, JB Hi-Fi is ranked as the equal 7th largest consumer electronics and home appliance retailer in the world.[3]


In July 2004, JB Hi-Fi bought 70% of the Clive Anthonys chain in Queensland.[2]

On 13 December 2006, JB Hi-Fi acquired the Hill and Stewart chain of 11 electronics stores selling and operating in New Zealand for NZ$17.5 million (A$15.3 million).[4] JB Hi-Fi later established stores under their own JB Hi-Fi brand, and closed all Hill and Stewart stores in 2010.[5]

In September 2016, JB Hi-Fi announced its acquisition of The Good Guys, for $870 million, the acquisition resulted in JB Hi-Fi group enlarging its share of the Australian home appliances retail market to 29% and growing its share of the consumer electronics retail market to 24%. [6]


In September 2015, a man with Down Syndrome was refused entry into a JB Hi-Fi store in Brisbane, Australia, after being confused for another person who had been banned from the store; the resulting media attention resulted in the CEO Richard Murray publicly apologizing to the family.[7]


  1. ^ "About us". JB Hi-Fi. Retrieved 14 August 2017.
  2. ^ a b "About Us". JB Hi-Fi. 2002. Archived from the original on 16 February 2007. Retrieved 16 February 2007.
  3. ^ "How JB Hi-Fi moves up global retail ladder". Appliance Retailer. 20 August 2018. Retrieved 25 August 2018.
  4. ^ "JB Hi-Fi buys NZ chain for $15m". The Sydney Morning Herald – smh.com.au. 12 December 2006. Retrieved 7 July 2017.
  5. ^ "JB boss discusses Hill and Stewart closures in New Zealand". Appliance Retailer. 12 January 2010. Retrieved 9 July 2019.
  6. ^ "JB Hi-Fi announces Good Guys takeover worth $870m". ABC Australia – abc.net.au. 13 September 2016. Retrieved 9 July 2019.
  7. ^ "JB Hi-Fi sorry for refusing man with Down syndrome entry into Brisbane store". ABC Australia - abc.net.au. 22 September 2015. Retrieved 9 July 2019.

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