ChannelLife Australia - Industry insider news for technology resellers

Dick Smith stories - Page 2

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Plans to sell Dick Smith customer info sparks concerns
Fri, 4th Mar 2016
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physical security
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web development
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intellectual property
Dick Smith receivers have been spoken to by privacy commissions on both sides of the Tasman after concerns over plans to sell customer information.
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DSE NZ second meeting pulled forward
Mon, 29th Feb 2016
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dick smith
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hsbc
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nab
Creditors of the failed Dick Smith Holdings businesses are likely to receive an earlier than anticipated update from administrators.
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Dick Smith: Fall of a giant
Fri, 26th Feb 2016
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dick smith
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sales
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nz
Everyone knows Dick Smith Electronics. So where did it go so wrong? We look back at the company from its early successes to eventual decline.
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Breaking: Dick Smith stores to close; 3000 jobs gone
Thu, 25th Feb 2016
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nz
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dick smith
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australian
Dick Smith is to close all its stores across Australia and New Zealand after failing to receive any acceptable offers for the business.
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Dick Smith support staff cut; employees owed $2m in annual leave error
Thu, 4th Feb 2016
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business
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dick smith
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jobs
The axe has fallen on Dick Smith support office jobs, while Australian staff may be owed up to $2 million in annual leave.
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Long wait for Dick Smith creditors, as extension granted
Tue, 2nd Feb 2016
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business
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dick smith
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mcgrathnicol
Courts on both side of the Tasman have approved an extension to the time frame for the second creditors meeting for Dick Smith Holdings.
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Dick Smith administrators seek creditors meeting delay
Wed, 27th Jan 2016
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dick smith
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mcgrathnicol
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private equity
Administrators for Dick Smith Holdings will front the Federal Court of Australia this week to ask for approval to delay the next meeting of creditors.
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Dick Smith axes David Jones concession stores; 181 staff affected
Mon, 25th Jan 2016
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jobs
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dick smith
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retailers
Dick Smith's receivers are closing 27 Dick Smith stores in David Jones department stores this Wednesday, with 181 jobs impacted.
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Dick Smith creditors in the dark over likely return
Mon, 18th Jan 2016
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dick smith
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mcgrathnicol
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ndi
Creditors of Dick Smith's New Zealand operations have been told it's still to early to provide any details about the likely return to creditors.
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Dick Smith debts nearing AU$400 million; CEO gone
Tue, 12th Jan 2016
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business
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dick smith
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nz
Dick Smith creditors are owed nearly AU$400 million dollars. Meanwhile, the company's chief executive has resigned, effective immediately.
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Interest high in Dick Smith business, receivers claim
Mon, 11th Jan 2016
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business
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dick smith
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nz
Potential buyers for the failed Dick Smith business have until January 27 to get expressions of interest in for the company’s businesses.
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Big name tech retailers fail to win customer support in Consumer survey
Wed, 11th Nov 2015
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jb hi-fi
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dick smith
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noel leeming
New Zealand’s big name electronics stores have been slammed in a new Consumer NZ survey, with only 40% of some store’s customers recommending them.
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Which Kiwi electronics retailers are winning with consumers?
Thu, 5th Nov 2015
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jb hi-fi
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pb technologies
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noel leeming
A new Canstar Blue survey shows which Kiwi electronics retailers are tops in their customers' eyes - and also reveals Kiwis love of 'showrooming'.
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'Challenging' market drags Dick Smith profit expectations down
Wed, 28th Oct 2015
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finance, leasing & rental
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dick smith
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ndi
Dick Smith Holdings has lowered its 2016 profit expectations by up to $8 million after disappointing October sales figures and market concerns.
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Dick Smith NZ posts best sales performance since acquisition
Wed, 28th Oct 2015
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finance, leasing & rental
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dick smith
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retailers
Dick Smith's Kiwi operations have had their best quarterly sales performance in years, but it's not enough to stop a downward revision for NPAT.
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Submissions wanted for DigMyIdea Māori Innovation Challenge
Fri, 9th Oct 2015
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callaghan innovation
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dick smith
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telecommunications
A new competition is calling on New Zealand’s top emerging entrepreneurs to submit their ideas for the DigMyIdea Māori Innovation Challenge.
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Restructure; declining Kiwi sales drag Dick Smith profit down
Tue, 18th Aug 2015
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finance, leasing & rental
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dick smith
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retailers
Restructuring costs of $5.5 million have hit Dick Smith’s FY2015 profits, with results also dragged down by declining New Zealand sales.
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EXCLUSIVE: JB Hi-Fi Kiwi manager gone, no replacement planned
Fri, 10th Jul 2015
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jb hi-fi
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dick smith
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nz
JB Hi-Fi's NZ general manager has exited the company, but the retailer has reconfirmed its commitment to the market with $15+ million in investment.
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Samsung aiming high with Galaxy launch
Thu, 9th Apr 2015
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smartphones
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technology gifts
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jb hi-fi
Samsung is gearing up for a big Galaxy S6 and S6 Edge launch on Saturday - with the lure of a wealth of accessories to bolster retailer sales.
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Dick Smith ‘transformation’ continues with restructure
Fri, 20th Mar 2015
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dick smith
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sales
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nz
Dick Smith takes the axe to 80 roles in a bid to slash costs for a 'sustainable future'. Restructuring set for June completion.
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Dick Smith's NZ 1H sales fall, margins shrink in competitive market
Tue, 17th Feb 2015
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nzx
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dick smith
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retailers
Dick Smith Holdings says its New Zealand unit's margins shrank and sales fell in a competitive market and and a deterioration in consumer sentiment.
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Dick Smith partners with Trade Me to reach more Kiwis
Fri, 12th Dec 2014
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partner programmes
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trade me
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dick smith
Dick Smith expands in NZ, launching a store on Trade Me to offer Kiwis a broader tech product range with exclusive deals.
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The Warehouse and Noel Leeming praised for 'family friendly values'
Tue, 25th Nov 2014
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gaming
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technology gifts
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jb hi-fi
The Warehouse and Noel Leeming ditch R18 games and DVDs, hailed for prioritising family values by Family First NZ.
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Dick Smith defies market slump to beat sales forecast
Tue, 1st Jul 2014
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ipo
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dick smith
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nz
Dick Smith exceeds sales forecast with AU$1.228bn for FY14, but falls behind last year's figures of AU$1.280bn.