It’s official: After months of fruitless negotiations with would-be buyers, Dick Smith is shutting up shop in Australia and New Zealand. All 663 stores will shut down within the next eight weeks with some 2890 staff put out of work. It’s a sad day for brick-and-mortar retail but a good one for Aussie bargain hunters. The fire sales are coming…
Dick Smith has confirmed that it will be selling stock at heavily discounted prices from tomorrow 26/02/2016. Set your alarm clocks!
Tomorrow morning, Dick Smith will be throwing a huge clearance sale in Australia and New Zealand as it prepares to shut down the business for good. Here are all the details we have so far, including when to arrive outside stores and the types of deals you can expect to see.
Today, Dick Smith’s receivers announced that the beleaguered electronics chain would be closing permanently after failing to find a buyer. With the exception of Move airport locations, all stores across Australia and New Zealand will be shutting their doors by mid-April.
As reported by Business Insider, store managers have been informed by Ferrier Hodgson receivers to wait for sale signage and further instructions. In other words, an impending fire sale has been confirmed. Here’s everything you need to know.
When Does The Dick Smith Sale Start?
The Dick Smith closing down sale will be kicking off when stores open tomorrow — typically between 9am and 10am. It’s worth checking your intended store’s trading hours and getting there with plenty of time to spare. Queues will probably be forming well before doors open, so set you alarm clock and get in early!
Where Is The Dick Smith Sale Happening?
Everywhere. The Dick Smith sale will be held across all 663 stores in Australia and New Zealand. You can find the closest outlet to your location here.
Is Everything At Dick Smith Going To Be On Sale?
Pretty much. This is not some over-hyped attempt to sell last year’s TV models or excess stock. Instead, Dick Smith is essentially trying to gut its entire inventory. To borrow an old cliche, everything must go!
How Big Are The Discounts?
We won’t know until tomorrow. Dick Smith has indicated that the sale will continue over the next eight weeks or until stocks run out: whichever happens first. This suggests that the deals might not be crazily cheap — at least, not to begin with. With that said, we’d still hedge our bets and head down tomorrow, just in case.
Won’t Dick Smith employees just nick all the good stuff again?
This is something Dick Smith has been accused of in the past, but we have reason to believe that this sale will be different. Firstly, the sales should be much larger than previous promotions, with Dick Smith trying to get rid of everything.
Secondly, Dick Smith’s 2500-strong workforce has just been informed that they no longer have jobs: we imagine they have more pressing concerns than landing a cheap bargain. (Commiseration, guys.) Plus, the thought of handing over money to the company that just made you redundant probably doesn’t sit too well with a lot of these staff members. For once, the odds are in the customers’ favour.
Will The Sales Be Available Online?
At the time of writing, Dick Smith has not updated its website with clearance sale information or online sales. It’s definitely worth checking back tomorrow though. Fingers crossed!
What About Dick Smith’s Competitors?
It will be business as usual for JB Hi-Fi, Harvey Norman and the rest. However, don’t be surprised if some sales start to pop up over the coming weeks as Dick Smith’s rivals attempt to cash in on the surge in consumer sentiment.
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