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Electronics retailer Dick Smith will close all its stores in New Zealand and Australia over the next eight weeks. Staff had been briefed and about employees in New Zealand and staff in Australia would be affected. Dick Smith has 62 stores in New Zealand. The store manager had been on a conference call with an area manager on Thursday afternoon, he said. Work colleagues had been worried about the store's future with some already looking for new jobs, he said.
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Laptops & Computers | Dick Smith

The outspoken man behind one of Australia's most well known brand names has revealed he is closing the doors of his food business - the final chapter in his once-booming host of business ventures. Dick Smith made the shock announcement on Thursday morning, saying he was 'forced' to close Dick Smith Foods after it was crippled by competitor Aldi. The businessman claimed he wanted to close the company while 'times were good' instead of when he was forced to - a result he felt was only months away. Dick Smith, the man behind one of Australia's leading brand names, has revealed he is closing the doors of his food business Dick Smith Foods pictured in
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Dick Smith Electronics

The receivers of the failed electronics retail chain Dick Smith have confirmed all remaining stores will be shut by the end of next week. All Dick Smith stores will shut down after its receiver failed to find a buyer for the struggling company. Photo: rf.
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The iconic Dick Smith electronics brand will be consigned to history by the end of April after receivers for the failed chain announced its schedule of store closures. Ferrier Hodgson will pull down the shutters for the final time on 35 Australian stores by April 16 with the outstanding outlets shut by May along with the 62 New Zealand stores. Staff from the first 35 stores will be served with redundancy notices or moved to other stores, where possible. Despite outlining its schedule of store closures, Ferrier Hodgson said employees would be given their notice of termination only when the "exact date of their store closure is known. If staff leave before they receive their redundancy notice they forfeit their right to a redundancy payment, making it difficult for many workers to make concrete plans and find new jobs.
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