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The rise and rise of JB Hi-Fi

Richard Murray
CEO of JB Hi-Fi Group Richard Murray.
Amid the gloom and doom of retailing, there are no doubt long, envious looks from other retailers at JB Hi-Fi, which continues to defy the headwinds battering other businesses. JB Hi-Fi and Bunnings Warehouse are arguably the two most successful Australian retailers of the past two decades on revenue, earnings and market share metrics as well as network growth. It would be easy to argue that JB Hi-Fi has simply been fortunate to be in the right place at the right time in respect of the products