JB Hi-Fi Limited is engaged in the retailing of home consumer products from stand alone destination sites, shopping centre locations and its online stores. The Company offers a range of brands with particular focus on consumer electronics and software including music, games and movies. It offers a range of home entertainment and consumer electrical products at discounted prices. The Company�s products include audiovisual equipment, computing equipment, white goods, kitchen appliances and other related equipment. The Company�s geographic segments are Australia and New Zealand. During the fiscal year ended June 30, 2012, the Company opened 15 new JB Hi-Fi stores in Australia and closed 1 JB Hi-Fi store and 3 Clive Anthonys stores. In December 2011, the Company launched JB HI-FI NOW digital music streaming service. In December 2011, it announced that Macquarie Group Limited ceased to be a substantial holder in the Company.