JB Hi-Fi Limited is a publicly-listed Australian retailer that sells and specializes in consumer goods. JB Hi-Fi has locations in Australia and New Zealand. The company is based in Melbourne, with its headquarters located in Southbank. JB Hi-Fi has three different store formats. JB Hi-Fi stores are electronics and small appliances stores, JB Hi-Fi Home stores sell large electronics and small and large appliances. JB Hi-Fi Express stores is a concept store launched in October 2019, as a smaller version of the traditional JB Hi-Fi store, with a focus on mobile products.
JB Hi-Fi was established in 1974 by Mr. John Barbuto (JB), trading from a single store in East Keilor, Victoria. He had one simple philosophy: to deliver a specialist range of Hi-Fi and recorded music at Australia's lowest prices. The business was sold in 1983 and by 1999 another nine stores were opened. In July 2000 JB Hi-Fi was purchased by private equity bankers and senior management with the aim of taking the successful model nationally. In October 2003, JB Hi-Fi was floated on the Australian Stock Exchange. Now, maintaining Barbuto's original philosophy, JB is one of Australasia's fastest-growing and largest retailers of home entertainment. In July 2004, JB bought the Queensland Clive Anthony chain of stores which sell consumer electronics, white goods, cooking appliances, and air-conditioning. These locations have now been converted into JB Hi-Fi HOME stores, where you can find everything you love about JB plus more.
