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The company also offers a 30-day price guarantee, whereby customers who find a lower advertised price at a competing store after purchasing may be eligible to receive a 120% refund on the price difference between the two products. In 2015 The Good Guys introduced "Concierge" [9] programs across its Australian stores. This was a direct ...
JB Hi-Fi was established in the Melbourne suburb of Keilor East by John Barbuto in 1974, selling music and specialist hi-fi equipment. [3] 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.
"Good Guys to spin off web store," CNET, January 5, 2000. "The Good Guys Laying Off 450 Employees", San Francisco Chronicle, March 2, 2001. "CompUSA to purchase Good Guys: $58 million deal expected to benefit both companies", San Francisco Chronicle, September 30, 2003. "Good Guys quarterly sales fall, sees wider loss," Forbes, June 10, 2003.
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By the 1980s and 1990s, the U.S. was covered by pan-regional and national chains of big box retailers, such as the defunct Circuit City and The Good Guys and the extant Best Buy, where audio and video was a major line of merchandise, next to home appliances, cellphones and computers, putting pressure on independent dealers.
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