News Articles for The Good Guys

The Federal Court passed down the fine after the retailer admitted to misleading customers via store credit promotions.

Discount electronic and whitegoods retailer The Good Guys will pay almost $14 million, under an agreement with the competition watchdog to resolve federal court proceedings.

JB Hi-Fi says it made $544.9 million in net profit after tax in the 12 months to June 30, 7.7 per cent more than last year, as consumer demand stayed strong for electronics and home appliances.

Strong demand for home appliances and technology products has helped retailer JB Hi-Fi lift full-year profit and dividend.

Two retail groups which own the Supercheap Auto and JB Hi-Fi stores have reported bumper first-half earnings during the pandemic.

JB Hi-Fi has bumped up its full-year profit guidance following a surge in sales since March as customers forced to work from home boosted demand for home appliances and technology products.

Retail spending in Western Australia increased by 9.9 per cent in March as consumers stockpiled food, home and office supplies, resulting in some retailers, including JB Hi-Fi, posting a strong quarter.

JB Hi-Fi's Christmas has proven music to investors' ears, with strong summer sales and online growth helping the electronics retailer shake sector-wide softness and post a record first-half profit.

JB Hi-Fi has struck a deal to buy whitegoods retailer The Good Guys for $870 million.

JB Hi-Fi has welcomed the competition watchdog's green light to make a move for whitegoods retailer The Good Guys.

Whitegoods retailer The Good Guys is pushing ahead with plans to float on the Australian Securities Exchange despite holding takeover talks.

Shares in JB Hi-Fi have risen after the home entertainment retailer confirmed its interest in The Good Guys.

Brisbane-based Sentinel Property Group has made its first acquisition in Western Australia, buying the Geraldton Homemaker Centre for $27.3 million.