Thread: Dick Smith stores going bust?

Too expensive as well. I looked at getting some headphones from them. $78 on special. Officeworks had them for $50 normally; $37 on special. 2 for less than the price of 1.

According to reports this morning their bankers have appointed receivers.

John

Dick doesn't own it, I think Woolies does.
Pity his name is still attached to the store, it was the place to go for radio and hobbies once, not any longer.

Terry

Originally Posted by rover-56

Dick doesn't own it, I think Woolies does.
Pity his name is still attached to the store, it was the place to go for radio and hobbies once, not any longer.

Terry

Dick Smith sold to Woolworths for $20 million, and holds no shares in the company. It's all in the article.

Edit,- The company is now in private equity management. As above, all in the article.

Yeah, I haven't shopped there since it stopped being an electronics hobby shop...

me too - when I first got here it was similar to a store in pommy land called Maplins. I now usually head for Jaycar or most often , the keyboard.
cheers,
D

i used to like jaycar but now they are expensive and i find im returning 1/3 of items for warranty.

Originally Posted by bob10

.....
Edit,- The company is now in private equity management. As above, all in the article.

Actually, the private equity floated it a few years ago and it is now a public company.

John