Story image

Dick Smith closures gather pace with dates for 108 more stores confirmed

13 Apr 16

All of New Zealand’s Dick Smith stores will be closed by April 26, with another 53 Australian stores also closed by then.

Dick Smith receivers Ferrier Hodgson announced the dates for the store closures today, saying the 108 stores will be progressively closed over four days from April 23 to April 26.

All Dick Smith stores are expected to be closed by May 01 under the ‘controlled closure’ of the business.

The closures began in March, with Mornington in Victoria the first to go, followed quickly by SA’s Whyalla. Since then the closures have gathered steam, with 11 stores closed by last Saturday, including nine New Zealand stores, and a further 14 in Australia due to close by the end of this week.

The controlled closure of the stores was announced in February after efforts to find a buyer for the business failed.

Kogan.com will begin operating the online Dick Smith business – under the Dick Smith brand – from June 01 after buying the business, including goodwill and brand, for an undisclosed sum. 

One Identity a Visionary in Magic Quad for PAM
One Identity was recognised in the Gartner Magic Quadrant for Privileged Access Management for completeness of vision and ability to execute.
Accenture 'largest Oracle Cloud integrator in A/NZ'
Accenture has bought out Oracle Software-as-a-Service provider PrimeQ, which now makes Accenture the largest Oracle Cloud systems integrator in Australia and New Zealand.
Telesmart to deliver Cloud Calling for Microsoft Teams
The integration will allow Telesmart’s Cloud Calling for Microsoft Teams to natively enable external voice connectivity from within Teams collaborative workflow environment.
How to keep network infrastructure secure and available
Two OVH executives have weighed in on how network infrastructure and the challenges in that space will be evolving in the coming year.
White box losing out to brands in 100 GE switching market
H3C, Cisco and Huawei have all gained share in the growing competition in the data centre switching market.
Gartner names newcomer Exabeam a leader in SIEM
The vendor landscape for SIEM is evolving, with recent entrants bringing technologies optimised for analytics use cases.
52mil users affected by Google+’s second data breach
Google+ APIs will be shut down within the next 90 days, and the consumer platform will be disabled in April 2019 instead of August 2019 as originally planned.
Genesys PureCloud generates triple-digit revenue growth year on year
In Australia and New Zealand, the company boosted PureCloud revenue by nearly 100%.