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I thought this might be of interest to people here.
http://www.skynews.com.au/business/business/market/2014/10/1…
Dick Smith Unveils Expansion Plans
adhin on 15/10/2014 - 13:34
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Just fyi, Dick Smith doesn't own Dick Smith Electronics
LOL. I do know that, hence the reason why I did put the 'branded food' and not branded electronics.
didnt it just close 100 stores or so? Must be staying strong with these ps4 deals ;)
or eneloop deals.
or crappy customer service
oops - I guess people must then like that
lol, just lol
Man theyre still trying to off sell the brand to a scammed buyer. The whole business is failing and they're still expanding
The private equity guys who bought it off woolworths have made a killing on it with little effort… someone at woolworths need to be sacked.
They've improved it massive fold, but its only really worth its current value, which is still multiples above what they bought it for.
This expansion seems to be them solidifying Dick Smith's value and assuring any buyer it is a solid investment.
Their whole strategy seems to be upping its value for a buyer, not making money off it as a profitable business. Sucker who buys it
… that's what Private Equity do…
But they do need to make it feasible, not everyone is blind to that fact
@Baghern:
yeahthey do seem to be doing it right with their online strategy
sales, get volume in, then sell off when it looks like they are doing more business!
They need to get a new bloody web guy before they expand anymore.
Price error my a*$e
Strange timing since Dick Smith is closing down his branded foods etc.
https://au.news.yahoo.com/nsw/a/25258239/dick-smith-in-dire-…