Dick Smith to close all stroes

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** Hi,

this is bad news for all staffers and creditors.  


http://www.abc.net.au/news/2016-02-25/dick-smith-stores-to-close-after-receivers-unable-to-find-buyer/7200006



....  Phil  

Re: Dick Smith to close all stroes
On 25/02/2016 3:21 PM, Phil Allison wrote:
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Sad when you have seen what it grew from, to end up like this.

Dick (the real one) must be somewhat disappointed.

Cheers Don...



--  
Don McKenzie

http://www.dontronics-shop.com

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Re: Dick Smith to close all stroes

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He must have had half a clue as to what might happen when he sold it
to Woolworths.

Re: Dick Smith to close all stroes
On Sat, 27 Feb 2016 02:40:03 +1100, F Murtz wrote:


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Stupid shareholders vote these people in.
In this case, the "voters" see themselves and what they want.
They are not the mug shareholder.
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Think of it as a very large ship where the bridge is still scratching their arse
trying to work out wtf to do and the everyone else just continues implementing
the last set of orders they received.

At least Gregory Hills isn't just down the block from a Bunnings(AFAIK) like all the
other hardware chains. Given time, it should pick up a bit of extra passing trade
as every motor related transaction, and more, has moved to the block next door.



Re: Dick Smith to close all stroes
On 27/02/2016 8:54 AM, news13 wrote:
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They getting closed down as they are bleeding cash. Masters was never in  
the game.


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