Unfortunately there is a very clear reason why Dick Smith has closed down.
Shoppers are becoming more savvy and understanding that things like a HDMI cable are not worth >$25. Dick Smith tried to create a sense of a bargain with the constant flood of sales, but it really ended up just being spam.
Even if you look at them now in VA and now wound up, their pricing is still mostly at market price or slightly under market prices.
They were almost destined to fail. Stores constantly with low stock and shelves empty.
DSH Price at posting:
35.5¢ Sentiment: None Disclosure: Not Held
