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Dick Smith "Mates Rates" Receiver's Sale - Clearing Excess Inventory

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Dick Smith "Mates Rates" Receiver's Sale - Clearing Excess Inventory
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PImpulse Buy on 20/01/2016 - 19:59 view.e.dicksmith.com.au (6031 clicks)
Last edited 21/01/2016 - 11:34 by 2 other users

Received an e-mail from Dick Smith today of a sale starting tomorrow. Limited details supplied but there may be some bargains

20% Off Small Appliances

JVC 55" UHD LED TV $859 save $440

Samsung, LG & Panasonic Display TV Clearance

$4 Million Display Laptop Computer Clearance

& More

Sales vary store to store, See linked flyer for more information

NOTE: DICK SMITH IS CURRENTLY UNDER ADMINISTRATION AND RECEIVERSHIP.

THIS MEANS

  • existing deposits before 05/01/2016 will not be honoured,
  • gift cards will not be honoured,
  • Warranty may not be honoured on DSE branded products if the company folds
  • Refunds may be limited
  • Orders may not be fulfilled

Remember this if planning to make a purchase. I would advise not to buy anything online. Take caution with all purchases.

Above is all stated without prejudice.

Electrical & Electronics 55inch Hi-Fi JVC LCD TV Mobile Phone Sony Speakers

Related Stores

Dick Smith / Kogan
Dick Smith / Kogan
Marketplace

closed Comments

  • jv on 20/01/2016 - 20:00
    +23

    Lol.

    Where are the bargains???

    • Impulse Buy on 20/01/2016 - 20:01

      I'm hoping the display prices will be similar to last time. They aren't publishing display product pricing, but I'd assume it'd be significantly marked down.

    • CandyMan on 20/01/2016 - 20:03

      You beat me to it

    • Lenneth on 20/01/2016 - 20:15
      +5

      here:

      Exclusions: everything except the staff kitchen sink

      • bonky on 20/01/2016 - 20:43
        +4

        gotdicked

    • a1234my on 20/01/2016 - 20:46
      +2

      at ebay / gumtree

    • mrdevil on 20/01/2016 - 21:30
      +2

      Out the back with the staff members' names written on them!

  • easternculture on 20/01/2016 - 20:00
    +27

    why bother when we know that the staff will take all the cheap good items

    • mini2 on 20/01/2016 - 20:01
      +17

      Cheap goodies in lieu of redundancy payment for the staff?

      • easternculture on 20/01/2016 - 20:02

        Cheap goodies in lieu of redundancy payment for the staff?

        and flog them on ebay/gumtree

      • nultma on 20/01/2016 - 20:11
        +2

        wrong wrong wrong wrong wrong wrong

        https://www.employment.gov.au/fair-entitlements-guarantee-fe…

        • mintygirl on 20/01/2016 - 21:45
          +3

          I don't understand why people are negging your comment. Perhaps too lazy to read?

          You're absolutely right.

          To summarise, Employees are paid through the governments fair entitlement guarantee (feg) scheme. The liquidator will contact all the employees from the company's books and records and request that they submit a claim for wages, annual leave,long service leave commissions etc. And once the FEG pays out these employees claims, FEG becomes a secured creditor. So employees are actually the safest of all creditors in terms of getting unpaid wages! They rank ahead of secured creditors including the banks.

        • djcharliek on 20/01/2016 - 22:09

          @mintygirl:

          Correct. Employees are almost first in line.

        • Jef Tino on 21/01/2016 - 10:55

          @mintygirl:
          This is not fully correct. FEG protects only permanent employees, Australian citizens or permanent residents, working for Dick Smith at least 12 months.

          The rest are screwed - this includes contract workers and casuals (which would be the majority of store staff), those that started working in the last 12 months, non-citizens/PR (so international students, holidaying/working poms, I'm not sure about our friends across the ditch).

        • nultma on 21/01/2016 - 18:47

          @Jef Tino:

          Sure but you'd assume that majority of employees would be citizens. Sure there will be people that miss out though and that sucks.

          Casuals don't get any entitlements so other than a sucky loss of employment it doesn't make much of a difference to the statement.

    • Clear on 20/01/2016 - 20:01
      +10

      This time I don't blame them. Losing their jobs and some aren't even getting money owed to them.

      • easternculture on 20/01/2016 - 20:03
        -3

        then dse shouldn't advertise such sales. If they willingly know that the staff will take most merchandise, why not do a employee sale first

        • Clear on 20/01/2016 - 20:07
          +3

          Because they don't care? They didn't when I worked there 2011/12.

        • justtoreply on 20/01/2016 - 20:29
          +3

          It's not "DSE", it's the liquidation company

        • easternculture on 21/01/2016 - 00:26

          I'm sure all these negs are from DSE Staff

      • ilikeradiohead on 20/01/2016 - 20:18
        +1

        Which ones aren't getting money owed to them?

        • nultma on 20/01/2016 - 20:55
          +7

          Employees get all their entitlements bar super in the event of a liquidation (if there is one). As I tried to link above and got negged for, the government assists with outstanding entitlements and to say that staff are losing out on their entitlements is wrong.

    • puffinfresh on 20/01/2016 - 20:03
      +4

      I don't think they're in a position to be buying unnecessary electronic items

      • mini2 on 20/01/2016 - 20:28
        -2

        The irony is I saw a staff that bought a fair bit of stuff then walked into the Cashies next door…

        • juzz0 on 20/01/2016 - 20:43

          It's no secret staff have been flipping items. Or buying products for friends and family. Staff also tell staff of other stores what's available and reserve stock. I don't hold grudges unless they are taking every bargain item, or multiples but it seems most take one or two things. A TV or PS4 etc. last time so don't have a problem and won't "dob" them in.

        • mini2 on 20/01/2016 - 20:45

          @juzz0:

          What's the point of dobbing them in? The receivers couldn't care less as long as monies were paid in exchange of getting rid of the stock. The horse has bolted on this.

        • juzz0 on 20/01/2016 - 20:48

          @mini2: I said I wouldn't but I'm sure others on here (given some of the comments) would try and report staff. And like you say I don't think the receivers would care anyway. The receivers aren't there to protect the integrity of the brand just to get $$$

        • RockyRaccoon on 20/01/2016 - 22:16
          +2

          Cashies would pay at best 40c on the dollar. So doubt if they would buy from DS staff.

          Its easy to say, but unless you have proof don't spread BS

        • PlagueistheCheap on 21/01/2016 - 00:31

          Next on things that didn't happen

        • stonkered on 21/01/2016 - 07:05
          +1

          He'd be making a loss if he sold to cashies. Wouldnt matter how great the bargain was.

    • superforever on 20/01/2016 - 20:19

      Why bother we all knew that all the good stuffs already gone during last crazy special.

    • [Deactivated] on 20/01/2016 - 22:29

      " staff are forbidden from purchasing clearance items till end of the day, Head office" pull it harder

      • syousef on 21/01/2016 - 11:28
        +5

        Otherwise they might…what? Lose their jobs?

        • [Deactivated] on 21/01/2016 - 17:40

          i was being sarcastic.

          Dick is finally over, 1000 sales later

          Now staff can have a taste of dick for once :)

  • lyl on 20/01/2016 - 20:01
    +14

    UE Boom Speaker $198! What a bargain -_-

    • gimli on 20/01/2016 - 20:52
      +2

      boomshakalaka

  • jv on 20/01/2016 - 20:02
    +19

    Might consider buying from them again sometime after they honour the gift cards they sold to everyone, otherwise why should I buy from thieves?

      • TheMasterChief on 20/01/2016 - 20:14
        +4

        Turn. It. Up.

      • wfdTamar on 20/01/2016 - 20:36
        +12

        You would think in a situation like this, where the store is still trading, they should be able to be used. After all they are virtually a single store currency. If I had some I'd feel like I should one able to go to a Dick Smith, take some stock, and slap down the gift cards and say,' I HAVE paid for this' and leave with it.

        Really frustrating.

        • universe93 on 20/01/2016 - 23:02
          +3

          the company's broke, their assets are frozen, they have no way of accessing the money you've already paid for the gift card. so as far as they're concerned it's taking goods and paying with a worthless piece of plastic. it's not like this is a new thing, when borders, angus and robertson and babyco went under they all either put conditions on gift cards (like you could only use it if you spent double its value) or stopped accepting them.

        • StopThatBus on 21/01/2016 - 16:44

          @universe93: I pay to see that court case. I haven't read the terms and conditions that go with gift cards. But logic suggests that if money has been taken and the business is still selling items that gift cards should be honored even by receivers. If the business cease trading and assets are transferred to a liquidation company associated with dick smith then the gift cards would be worthless.

        • ESEMCE on 22/01/2016 - 10:02

          @StopThatBus:
          The problem is that although the name above the door is the same, the business that you bought Gift Cards from is no longer trading.
          The name above the door is legally "a new business".

      • Snoop on 20/01/2016 - 22:11
        +6

        A gift card should be considered a liability, and yes, if they shut the doors I could understand you losing your rights to use it. But as they are continuing to trade and taking payments, explain why the hell they shouldn't accept a gift card?

        • wtfnodeal on 20/01/2016 - 23:09
          +1

          Because they are not liable to pay you first. There is a long line in front of you.

        • stonkered on 21/01/2016 - 07:07
          +1

          @wtfnodeal:

          Yes, that is the reality, but I think the point being made is that it's absolute BS.

  • [Deactivated] on 20/01/2016 - 20:03

    I'm still holding out for the dick smith branded eneloops

  • seraphim2017 on 20/01/2016 - 20:03
    +8

    Looking at the 'bargain' markdowns, I think I see where their business model struggles!

  • unity1 on 20/01/2016 - 20:05
    +8

    Same sort of deals they used to have every second day. Doesn't look like anything new here.

  • Hirolol on 20/01/2016 - 20:05

    Wheres the exclusions list?

    • unity1 on 20/01/2016 - 20:07
      +27

      Dick Smith Gift Cards

      • superforever on 20/01/2016 - 20:18

        May be they will give out for free ……

        • unity1 on 20/01/2016 - 20:21
          +4

          Yes, probably hand them out as souvenirs

        • Jackson on 26/01/2016 - 23:54

          They may as well, so we can take them to Coles!

  • Zabuza on 20/01/2016 - 20:07
    +2

    samsung galaxy A3 337? lol what o.O even telstra sell it cheaper XD

  • odysseus on 20/01/2016 - 20:07
    +7

    "Cashback promise"… Who comes up with this stuff?

    'We promise that you have your consumer rights as you do by law in every shop.'

    • jv on 20/01/2016 - 20:09
      +4

      So they'll refund the gift cards?

      • harkoliar on 20/01/2016 - 20:12

        Stated on email only applies during this sale

        For goods sold during the receivership of Dick Smith, you can rely on your consumer guarantee rights. That's our cash back promise. We will refund your item if we can't quickly repair or replace it, even if the business closes or is sold.

        • CandyMan on 20/01/2016 - 20:28
          +5

          even if the business closes or is sold.

          Yeah that's if you can find them!

        • jv on 20/01/2016 - 21:38
          +2

          @CandyMan:

          and can afford the plane fare to the Bahamas…

        • DJR9000 on 20/01/2016 - 22:28
          +1

          Not really a huge issue for them as they'll be mostly palming things off to the suppliers i'd say.

      • Maverick-au on 20/01/2016 - 21:45
        -3

        So they'll refund the gift cards?

        Why keep going on about the gift cards JV? It's well know that gift cards are not honoured when a business is going under like this yet many people still purchased them (mostly at a discount) and did not spend them straight away.

        • jv on 20/01/2016 - 21:48
          +1

          Why keep going on about the gift cards JV?

          Because they have stolen money from people who bought them in good faith, so I'm not going to do them any favours…

          and did not spend them straight away.

          People are entitled to expect to be able to use them up until their expiry date.

        • Maverick-au on 20/01/2016 - 21:53
          -8

          @jv:

          Because they have stolen money from people who bought them in good faith, so I'm not going to do them any favours…

          No they haven't, many people purchased gift cards knowing that Dick Smiths were in trouble and it is well known gift cards are unsecured creditors. Nobody stole anything.

          People are entitled to expect to be able to use them up until their expiry date.

          So even if the company is gone they should be able to use them! Is that your logic! LOL. You should learn a little bit about companies and how they work especially Pty Ltd operations and look at things like secured and unsecured creditors.

        • jv on 20/01/2016 - 21:54

          @Maverick-au:

          many people purchased gift cards knowing that Dick Smiths were in trouble

          proof ?

        • Maverick-au on 20/01/2016 - 21:56

          @jv:

          proof ?

          Not that hard to find, plenty of people purchased them in December at a discount.

        • jv on 20/01/2016 - 21:59
          +2

          @Maverick-au:

          Not that hard to find, plenty of people purchased them in December at a discount.

          Skype cards are 40% off at Coles right now.

          Using your logic, people who buy them are doing so 'knowing' that Skype are in trouble…

          I don't think so…

          Gift cards of all sorts are nearly always on sale at one store or another…

        • Maverick-au on 20/01/2016 - 22:03
          -4

          @jv:

          Using your logic, people who buy them are doing so 'knowing' that Skype are in trouble…

          Actually no, I said that Dick Smiths were in trouble and people purchased their gift cards at a discount in order to save even more. There are examples on this site of people doing exactly that when Dick Smiths has been in trouble for months.

          Gift cards of all sorts are nearly always on sale at one store or another…

          Thanks for pointing out the obvious AGAIN but that is not what was being discussed.

        • jv on 20/01/2016 - 22:06
          +4

          @Maverick-au:

          and people purchased their gift cards at a discount in order to save even more.

          just because people bought gift cards at a discount does not mean they knew Dick Smith was going into receivership. If they did, they wouldn't have bought the cards.

          many of the cards purchased were for Xmas gifts…

        • djcharliek on 20/01/2016 - 22:13
          -1

          @Maverick-au:

          Doesn't take einstein to work out that if gift cards are being sold at a discount greater than a retailers typical net profit margin then something is NQR.

          The writing was on the wall. Negative feedback on ebay Todd the story well.

        • Maverick-au on 20/01/2016 - 22:22
          -2

          @jv:

          just because people bought gift cards at a discount does not mean they knew Dick Smith was going into receivership. If they did, they wouldn't have bought the cards.

          Really so why were there people buying gift cards from this deal (https://www.ozbargain.com.au/node/226624) only a few weeks before they went under? And what about the other threads where people have said they purchased gift cards just prior to them going under including one who spent $650 on them to buy a phone.

          "roland on 21/12/2015 - 22:33 new
          can I buy multiple DS gift card and purchase an iphone from them ?"

          "futurenow on 23/12/2015 - 17:14 new ¶
          Just bought a new MBP 13" 256GB using discounted Dick Smith gift cards.

          DSE matched the Good Guys 10% offer plus used the 9.09% gift cards plus going o/s next week (TRS tax refund) has got me a bargain."

          many of the cards purchased were for Xmas gifts

          You're big on demanding others provide proof so where is your proof that many of the cards were purchased for Christmas gifts and not to utilise the savings with further discounts?

        • Maverick-au on 20/01/2016 - 22:24

          @djcharliek:

          Doesn't take einstein to work out that if gift cards are being sold at a discount greater than a retailers typical net profit margin then something is NQR.

          Exactly, some people just can't understand the difference between a retailer making maybe 10% and a service like Skype where the cost of the service is a few percent allowing you to sell gift cards at 40% off and still make over 50% on the face value.

    • stonkered on 21/01/2016 - 07:08

      Hmmm, can we get a quick look behind their backs before purchasing? You know, to check they don't have their fingers crossed.

  • Mario_R_83 on 20/01/2016 - 20:10
    +4

    maybe they will refund with gift cards

  • flex350 on 20/01/2016 - 20:10
    +7

    I bet they get alot of people through the doors tomorrow expecting the sale to be like the last clearance sale, most will likely be disappointed. Time will tell.

    • DJR9000 on 20/01/2016 - 22:29

      Well if it was anything like the last clearance sale i'd say a lot of people will be disappointed

  • hamwhisperer on 20/01/2016 - 20:10
    -1

    XBOX ONE, Y/N?

    • azsportza on 20/01/2016 - 20:15

      Doubtful. Both DSE stores in Campbelltown haven't had any Xbox One stock of games or consoles for months. Or at least any quality stock of games

  • Arcticfox on 20/01/2016 - 20:10
    +18

    I don't understand how a Samsung Galaxy S4 4G is a deal for $519.00…

    Even Good Guys sell it for $419.00 as standard price???????

    http://www.thegoodguys.com.au/samsung-galaxy-s4-black---unlo…

    • djcharliek on 20/01/2016 - 22:15
      +3

      Probably why they are in receivership. Unable to price products properly compared to competition. Sometimes too expensive, sometimes too cheap but 100% epic fail.

    • PVA on 20/01/2016 - 22:43
      +1

      and if you go to the DSE site right now they are already that price , so this sale is no different, just an ad selling at normal prices.

  • kudoz on 20/01/2016 - 20:11
    -1

    ewww, 50hz panel on the JVC

    • WatchNerd on 20/01/2016 - 21:49
      +1

      What's wrong with that?

      • jsefrog on 20/01/2016 - 22:05
        +1

        Nothing unless you want to watch it

        • WatchNerd on 20/01/2016 - 22:06

          Why, serious question?

        • pinchies on 20/01/2016 - 22:23
          -2

          @28Degrees:
          IMHO big tv's in particular look better for everyday tv with smoothing on. Easier on the eyes, and looks clearer.

        • WatchNerd on 20/01/2016 - 22:35

          What's smoothing? Never heard of it.

        • sinners007 on 21/01/2016 - 11:35
          +3

          @pinchies:
          Smoothing gives a "soap opera" effect that IMHO looks awful - better so spend a few extra $$ on a TV that doesn't need it - or better yet, try and find a gold old plasma lying around somewhere ;)

  • quarrymaster on 20/01/2016 - 20:11

    Had a smile with their Samsung phone deals. In any case, I'm not paying for any orders online - unless credit card charge backs for deposits can be reversed easily for non delivery?

    • djcharliek on 20/01/2016 - 22:16
      +3

      Yes. That's covered by your reputable bank. Credit card chargeback is ok.

  • conio on 20/01/2016 - 20:19

    "Clearing Excess Inventory" ?! as opposed to the last 3 months ?

  • barginsarelife on 20/01/2016 - 20:21
    +2

    No one bother..

  • Tomika on 20/01/2016 - 20:22
    +4

    why they always had this during weekdays… don't they know the real spending force need to work?

  • taoz on 20/01/2016 - 20:24
    +1

    prices online are terrible

  • [Deactivated] on 20/01/2016 - 20:24

    dont bother
    theyre scumbags
    grind them into the dirt
    staff not getting paid sucks but thats life in the big city
    hopefully there is something worth buying or are we just going to get dicked again

    • Maverick-au on 20/01/2016 - 21:50
      +1

      staff not getting paid sucks but thats life in the big city

      Why do people keep falsely claiming that staff are not getting paid?

      theyre scumbags
      grind them into the dirt

      The staff?
      The management?
      The company ultimately responsible?
      The stupid investors?
      Who are scumbags?

      hopefully there is something worth buying or are we just going to get dicked again

      You're only going to get dicked if you want to get dicked. No-one is forcing you to buy anything or even to go to their shops.

  • Vyviel on 20/01/2016 - 20:25
    +4

    I hope they have discounts on dick smith gift cards!

  • thelastnoob on 20/01/2016 - 20:28
    +4

    As a protest i will go into the store and beat myself up

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