Across the board in 140 characters.
Woolworths Limited has released its first quarter results for the 14 weeks until 30 September, seven days before it sold the struggling Dick Smith retail business to Anchorage Capital Partners.
Woolworths Limited has just announced the signed share sale agreement for the divestment of Dick Smith Electronics, with private equity firm Anchorage Capital Partners coming on board.
The Good Guys has picked up Canstar Blue's award for most satisfied customers for the second year running, following a consumer poll that compared electronics retailers and tracked customer interactions with Australia’s leading stores.
Due to the restructure of Dick Smith electronics business, which is costing the company $420 million, Woolworth’s has reported a net profit of $1.8 billion, down 14.5 per cent for the 2012 full year to June 24.
Dick Smith’s managing director, Debra Singh, is set to depart in August following 11 years working with the company.
The plan by Woolworths to off-load its Dick Smith electronic stores is moving ahead with formal negotiations taking place with a number of parties.
Following JB Hi-Fi's profit downgrade last week, a leading industry analyst has said that the company's weaker than expected profit forecasts were the result of market-wide discounting, led by Harvey Norman.
Following a bungled sale at the beginning of the month which saw disgruntled consumers walking away empty handed, Dick Smith has extended its "Game On" gaming sale.
Expected to see the closure of up to 100 underperforming stores over the next two years, Dick Smith will be divested to interested buyers.
At its investor briefing, Woolworths Limited announced several plans for the company including its multi-channel ambitions, a a push on own brand products and revising the strategy for Dick Smith.
Over 100 entries were received from retail players such as Bing Lee, Sportsgirl to niche/specialist retailers including, Shoes of Prey and Appliances Online.
Retail giant Woolworths announced on Monday that it plans to open a new Dick Smith retail shopfront in the Majura Park precinct near Canberra Airport.
Armed with a suitcase full of cash, businessman Dick Smith will announce details of his Wilberforce Award - with $1 million cash to be given away.
Woolworths this week announced full year sales of $51.7 billion, a $2.1 billion or 4.2 per cent increase on the previous year.
A study has found that retailers such as Big W, Dick Smith and Myer are 25 per cent more likely to offer email recipients choices during the opt-in stage than those in the US, but lag behind in offering consumers sale or discount incentives.
Almost two thirds of consumer electronics shoppers find instruction manuals for technology products too hard to understand or simply do not have time to read them.
Woolworths has announced that half year sales have increased six per cent to $27.2 billion with Big W, Dick Smith and Woolworths supermarkets all showing growth.
Woolworths announced first quarter sales of $13.4 billion, as sales increased 7.4 per cent.
A Dick Smith survey has found that 77 per cent of consumer electronic shoppers are likely to upgrade to digital radio.
A survey has found that 60 per cent of consumer electronics shoppers currently own a digital set top box or television, making them well equipped to receive the new HD digital television channels to be rolled out later this year.