Future of Retail in Australia: A Case Study of JB-Hifi

Running Head: E-BUSINESS APPLICATIONS 0
E-Business Applications
9/6/2018

E-BUSINESS APPLICATIONS 1
Executive Summary
The retail business or the retail sector in Australia has experienced a positive response
and change over past years. There has been a radical shift in the working, and nature of the
retail business, and the industry has faced number of challenges. The future of retail in
Australia is under great risks, due to the number of disruptive forces operating in the industry.
Despite the weak growth and the increasing household debt, the strong housing market is
supported by the consumers. The consumers perceived the Australian retail industry, for the
purpose of describing this, the company JB Hifi has been taken, which is among the 250s
most powerful retailers.

E-BUSINESS APPLICATIONS 2
Content
s
Introduction................................................................................................................................3
JB-Hifi Australia........................................................................................................................3
Current operations of JB-Hifi.....................................................................................................4
Articles on “Retail in Australia”................................................................................................6
Varieties of Collaboration: the case of an Australian retail union.........................................6
Mobile payment technologies in retail: a review of potential benefits and risks...................6
A model of supplier-retailer power asymmetry in the Australian retail industry...................7
Market orientation, entrepreneurial orientation and business performance among small
retailers...................................................................................................................................7
Controlling routine front line service workers: an Australian retail supermarket case..........7
Recommendations......................................................................................................................7
Conclusion..................................................................................................................................8
References..................................................................................................................................9

E-BUSINESS APPLICATIONS 3
Introduction
The report brings about the discussion on the retail and the Future of retail in
Australia or the retail stores in Australian market. For the purpose of explaining the
significance and the scope of retail business, a company has to be taken to describe the
elements and the aspects related to the retail sector. The report is based on the selection of
one company amongst all the retailers in the Australian market. It also states about the
perspective of the founder of the Netscape, Marc Andreessen, who claimed that the ‘retail is
dead’. He mentioned because there are many forces acting upon the retail business.
Therefore, there is a further description considering the article provided demonstrating the
Future of the retail store- what does online mean for bricks and mortar. The retail sector is
considered as one of the most significant in the whole industry, and it accounts as being the
second largest employer in Australia, behind healthcare (Tehseen et.al, 2015).
JB-Hifi Australia
JB-Hifi is one of the largest home entertainment retailers in terms of revenue around
the globe. JB-Hifi is a public company, which comes under the retail sector, dealing in
consumer goods. The company specialises in products such as video-games, electronic
products, mobile-phones, Ultra HD-Blu rays, DVDs, CDs, hardware’s, and the home-
electrical appliance and Telstra services. JB-Hifi has been listed publicly on the American
Securities Exchange. The company is founded by John Barbuto, located in the Melbourne
suburb of Keilor East Victoria, Australia. The company first started with the specialisation in
the Hifi equipment’s, as it was the mainstream of vinyl records. Then the company started
offering CDs, and was the first Australian music retailer in such activities (Sambasivan et.al,
2016).
Current operations of JB-Hifi
The operations at the JB Hifi started with gaining the specialisation in Hifi
equipment’s, being the first music retailer, offered exclusively CDs. Moreover, other than the
operations of selling music CDs, company has diversified the scale of operations, in terms of
retailing business for the consumer electronics. It includes Plasma, and 4 K Ultra HD, HDR,