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The Dick Smith brand has been transitioned to an online-only store selling a wide variety of consumer items. [42] The last physical retail stores closed on 3 May 2016. [43] On 25 July 2016 Dick Smith Electronics' creditors placed what was then left of the company in liquidation. [44] [45] Creditors were expected to lose up to $260 million. [46]
Dick Smith Foods only sold foods produced in Australia by Australian-owned companies and all profits went to charity. [ 21 ] In 2018, Smith announced closure of the business in 2019, having distributed over A$10 million in profits to charity, citing aggressive competition from German-owned Aldi through a strategy including low-cost imports ...
At the time, there were 350 stores in Australia. [4] Tandy's position in the market had some similarities with its local competitor, Dick Smith Electronics. Both companies produced a substantial annual catalogue, though Tandy's was more consumer-oriented with no data section.
Dick Smith Foods ran into legal difficulties in 2003, when Arnott's Biscuits took the company to court. The issue was a trademark dispute over Dick Smith Foods' "Temptin'" brand of chocolate biscuits, which Arnott's alleged had diluted their trademark for their similar Tim Tam biscuits, in similarly designed packaging. [9]
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It is the second-largest company in Australia by revenue, after Perth-based retail-focused conglomerate Wesfarmers, and the largest food retailer in Australia, [1] as well as the second largest in New Zealand. [2] The Woolworths Limited group is currently divided into three business divisions; Australian Food, New Zealand Food & Portfolio.
Kogan.com is an Australian portfolio of retail and services businesses including Kogan Retail, Kogan Marketplace, Kogan Mobile, Kogan Internet, Kogan Insurance, Kogan Travel, Kogan Money, Kogan Cars, Kogan Energy, Dick Smith, Matt Blatt and Mighty Ape. [2] The company was founded in 2006 by Ruslan Kogan.
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