Jan 5, 2016

Electronics retailer Dick Smith goes under, gift cards and deposits won't be refunded


Spare a thought for everyone who got a Dick Smith gift card for Christmas. They’re now not worth the paper they’re printed on.


On Tuesday, the electronics retailer, which operates 393 stores across Australia and New Zealand, went into voluntary administration after significant financial troubles.


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The business’ “sales and cash generation” in December 2015 were below expectations, the company chairman Rob Murray said in …


More about Australia, Us World, and Dick Smith – Source



Electronics retailer Dick Smith goes under, gift cards and deposits won't be refunded

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