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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.
Since joining with JB Hi Fi Group in 2016, The Good Guys have been supporting 12 charities through their Doing Good Workplace Giving program. [ 13 ] Every dollar donated by team members is matched by The Good Guys, to double the positive impact on the charities and the community.
With Sanity reduced to 21 per cent market share, against JB Hi-Fi's 50 per cent, the chief strategy seems to be targeted towards rationalisation and increased competition from the Melbourne-based retailer, by gradually closing down large footprint stores within capital city CBDs, inner suburbs and airports (where JB Hi-Fi have a greater hold ...
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JB Hi-Fi is within the scope of WikiProject Australia, which aims to improve Wikipedia's coverage of Australia and Australia-related topics. If you would like to participate, visit the project page .
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