Dick Smith 70% off everything this Saturday? Can anyone confirm?

According to this article from The Age, DSE are planning a 70% off everything sale to reduce stock levels.
http://www.theage.com.au/business/retail/why-the-dick-smith-…

This sounds insane. If there's any 70% off sale, I'm assuming it will be either on clearance stock only, or (in typical DSE fashion), with a giant list of exclusions.

Has anyone heard about this? Any insiders that can verify?

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Dick Smith / Kogan
Dick Smith / Kogan
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Comments

  • Would this be in-store only?

  • +25

    I'm sure it'll happen… only after the price goes up by 400% first.

  • +12

    Exclusion would be 3 pages long. Lolol

  • +15

    is it the dreaded….."UP to 70%"

    whereby 1 usb cable can be found with 70% off

      • Offers end 03/09/2015.

    • Yeah, I think it will only be up to 70% off "mythical RRP or 2010 RRP".

      They are most likely doing what Rivers did to clear their Ugg Boots.

      I just can't put my head around what Dick Smith has so much of. My guess is probably old televisions which were priced at $1000+ a few years ago, but since then newer cheaper models have come out?

  • +1

    It will be over priced cables, international adaptor plugs and Ipod 1 cases. With perhaps 3 TVs in stock nationwide so they have something to advertise.

    • That's it a $1 cable that they sell for $40 down to $30. Woolworths should of never sold Dick Smith.

  • +14

    70%? Another one of Dicks Myth Sales.

  • +1

    Desperate to stay afloat most probably or going under business sale! It's most probably to sell all there old and outdated stock which would be 90% of the store!

  • Might actually end up to be a sale that is only Up to 70% off

    See the caption on the photo:

    Going down: Dick Smith is slashing prices by as much as 70 per cent to clear excess stock

    I think the article headline is there to grab our attention.

  • +1

    lets all buy into the media hype!!

  • +11

    "Definitely not 70% off everything. Tomorrow and Thursday in AU you will see the next batch of Clearance lines come through across a few categories. In NZ this will be Thursday/Friday. Some of these range from 30-70% off. But most certainly not 70% off storewide."

    A message from inside the company ^

  • +19

    They're talking about the share price…?

    • still not a good deal :(

  • +1

    Unfortunately I ignore their recent sale because of their constant "discount" claims.

    • Went inside, and after 20 min, out without buying anything. Nothing great at DSE Parramatta.

  • +2

    Up To 70% Off Clearance and Display TVs
    Up To 60% Off Clearance Samsung Tablets
    Up To 40% Off Clearance Windows 8 Computers
    Up To 60% Off Clearance Samsung Smartphones
    Up To 60% Off Clearance Printers
    Up To 60% Off Clearance Cordless Phones
    Apple on Clearance

    • Source?

      • +2

        a communication was sent out to stores tonight.

        stores will not get official pricing for products until tomorrow morning so make sure you ask staff in store what prices are cause it will be likely not all tickets will be up straight away

        There is more on the list aswell.

  • +1

    "UP TO" is the key word here.

    Well its worth a go :P

  • So this happen in WA too?

  • +1

    Don't buy online at Dick Smith and only in store if you can walk away with the goods. If they fold and you have paid them money then you don't get your goods and you don't get your money back either. Caveat emptor.

  • UP TO 70% OFF YEP GET IN QUICK AS DICK SMITHS'S ARE GOING BELLY UP
    WON'T BE AROUND MUCH LONGER SHARES DOWN NEARLY 90%

  • So should we all be rushing to Dick smith right now? when does the sale start? i have read saturday is that true?

    • +3

      You mean you're not camping outside one now?

      • camping chair, hoodie, thermos and headphones at the ready bro. Just tell me when.

  • http://www.theaustralian.com.au/business/companies/gerry-har…

    "Retail billionaire and Harvey Norman chairman Gerry Harvey says any attempt by ailing consumer electronics chain Dick Smith to kick off a 70 per cent-off fire sale to shift unwanted stock would be ­“suicidal”, arguing that shoppers have no interest in picking up “crook stock”, even at bargain ­prices."

    • Yeah… but Gerry is a bit of a Dick (hah!)

    • +9

      Not when they can come into any Harvey Norman store and have our attentive and knowledgeable staff sell them the same out of date and obselete stock at full RRP! - Gerry

      • Gold!

      • +1

        It's all about using the media to help manipulate perceptions. Current gen of journos report anything these days without questioning. Gerry is pretty good at using the media, Dick Smith former owners are pretty good at using accounting to manipulate perception

      • +1

        @ garyQ lol so true. I was in Harvey Norman today picking up free Santa photos (only reason I ever go in there) and I noticed an old Wii U Skylanders Swap Force box at full retail price of about $89… I'm pretty sure it was $10 at Dick's and around the same at kmart and Target…

    • lol this morning on the radio the presenters were doing an announcement about Harvey Norman doing an up to 70% off sale for one day only, the announcement was followed by an actual Harvey Norman advert proclaiming the same, "Up to 70% off! Hurry one day only!"….

  • So hope this is true!

  • -1

    I can confirm DS stock is currently 70% plus off now, so hurry up now guys!

    • What, everything is now 70% off or just clearance items?

      • Clearance items. I went in today. Nothing special there.

  • -1

    The DS share price…

  • Paid a visit today - yep, some cables are on sale but nothing special and worth noticing.

  • +1

    waste of time… read about it here visited my local where they had a few bins of crap and all the major deals 70-80% off cameras /big tellys were purchased by staff including the manager…she even let me know her scores. deals cherry picked by staff & mates starting tuesday & all done & dusted by 11am thursday
    WORST clearance sale ever in my experience. hype bs marketing campaign at its finest…

    • +2

      There will always be some who miss out.

  • Tomorrow is SATURDAY - the massive Sales at Dicks will be awesome!

    • I think it'll just be the remaining clearance items for 70% off their already cut prices. By then, most of the good items would have gone.

  • Just watching the news and dicks stocks have plummeted pretty much through the floor. 70% off everything could be true. Might be worth waiting in front of dicks in the morning.

  • Just been to Greensborough store.

    Manager made it clear that most stock has already been sold during the week. Grabbed the $30 soldering iron (was supposed to yesterday but forgot). Out of curiosity I asked them the price on a clearance item… same price as during the week.

    So those who skipped the sale today were right. Same trash from during the week and nothing new.

  • Ah bugger. Local store has a 60" Panasonic and lots of the 49" lg TVs sitting in a corner. A man can dream…

  • Was so keen on getting a new headset but apparently no Logitech stuff are on sale… according to the Doncaster store anyway

  • +1

    75% of lavazza coffee machines. Can buy the simpla for $50

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