JBH 1.59% $79.22 jb hi-fi limited

JBH is going down hill very quickly because their no-frills...

  1. 177 Posts.
    JBH is going down hill very quickly because their no-frills business model is suffering disproportionately to their competitors with the rise of online purchasing. The customers who once shopped at JBH because they wanted cheap prices with no-frills - they now shop online. JBH now find themselves in a very tricky position in the market. They were once in the best position some 2 years ago when everyone wanted cheap prices and no frills, and didn't shop online - but now JBH is in no-man's-land. Even their bread & butter CD/DVD/BluRay sales are becoming ancient because everyone buys that stuff online too. Their shareprice is beginning to reflect this.

    I challenge supporters of JBH to provide a solid argument against this to prove me wrong. I think that will be a tough ask.
 
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