Dick Smith suppliers, dividends in liquidator's sights
Dick Smith's administrator will target suppliers to the failed electronics chains in a bid to claw back payments made to the retailer in late December when the business was insolvent.
Catie Low covers the retail and consumer goods sectors.
Dick Smith's administrator will target suppliers to the failed electronics chains in a bid to claw back payments made to the retailer in late December when the business was insolvent.
Unsecured creditors are unlikely to get anything from the administration of failed electronics chain Dick Smith.
Coles has cut the price of 145 home brand grocery lines by as much as 25 per cent as the supermarket war homes in on home brand.
Dick Smith chairman Rob Murray has hit back at allegations the electronics chain's managers and directors inflated profits.
Former Woolies boss Roger Corbett denies there's bad blood with the supermarket giant's management amid concerns over his influence at its slot machine and hotels joint venture.
The Muir Family's successful buy back of the Good Guys joint venture stores could drag on the performance of the appliance and electronics chain
Metcash will not be able to dictate the amount of stock hardware retailers buy through its wholesale warehouse or discriminate between franchised or corporate-owned stores after the competition watchdog applied the blowtorch to its bid for Woolworths' Home Timber & Hardware.
Metcash's opening bid for Woolworths' Home Timber & Hardware chain has failed to win over the competition watchdog.
Woolworths' high profile former chief Roger Corbett has lashed the retailer for not competing on price or quality with ascendent discount giant Aldi.
Britons' vote to quit the EU could weigh on Wesfarmers' plan to test its Bunnings UK model as uncertainty tests consumer sentiment.
Search pagination
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.