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JB Hi-Fi will roll out more stores. Source: Supplied - Herald Sun

JB Hi-Fi will roll out more stores. Source: Supplied - Herald Sun | operations | Scoop.it
JB Hi-Fi will roll out more stores. Source: Supplied
Herald Sun
JB HI-FI will roll out more stores and launch an online video streaming service as it presses the sales accelerator and moves to snare more of the market.
Marcello Trinco's insight:

The home entertainment retailer expects to reap the benefits of its expansion program with an 8 per cent surge in sales this financial year.

Chief executive Terry Smart said 12 new stores would open in the year to next June - including at least three in Victoria.

The group is also pushing deeper into the household appliance sector in the search for new revenue.

Ten existing stores will be remodelled under the group's Home appliance banner in the coming year.

JB Hi Fi expects to have 18 Home stores - which specialise in appliances such as whitegoods - by the end of the financial year.

The group unveiled the plans as it revealed profit had jumped 11.2 per cent for the year to June. It reported a net profit of $116.4 million, compared with $104.6 million a year earlier

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Toyota mulling Cummins diesel for Tundra? - Autoblog

Toyota mulling Cummins diesel for Tundra? - Autoblog | operations | Scoop.it
A report in Edmunds indicates that Toyota is evaluating a Cummins turbodiesel or a hybrid powertrain for the Tundra pickup.
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