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Dick Smith ded
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You are currently reading a thread in /g/ - Technology

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RIP

Dick Smith thread, share memories good and bad or post memes I don't give a fuck
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Best logo coming through
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>>52241890
I went into the local store today to see if they were selling things cheap. Didn't have anything interesting.
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>>52241932
Did they have anything goin cheap tho?
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>>52241947
not a chance, full price games, cables 40 each, shitty jvc tvs
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Not really /g/ related but an interesting read non the less.

http://www.gemcapital.com.au/blog/item/603-dick-smith-is-the-greatest-private-equity-heist-of-all-time.html
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>>52241947
I was hoping so, but nope. Maybe if you asked for a discount.
Might get cheaper as time goes on though.
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>>52241932
They cleared the cheap shit weeks ago when their stocks collapsed.

Saw a fair few PS4/XB1 games for 20 and ALL PS3 games were 10 no matter how new.
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Nobody cares.

Expensive morons who get destroyed by JBs and Jaycar in every single way.
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DSE died a LOOONG time ago. They used to be a general electric store with decent stock.
They're just overpriced bullshit consumer electronics now.
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I haven't shopped there in years but damn I used to a lot.

Unfortunately for them JB Hifi popularised and was just better in every way, not to mention immensely superior customer service.
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>>52242064
Dick Smith died the moment Dick Smith himself was no longer associated with it
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was surprised to hear old dick sold it way back in 1982
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>>52241998
Had a quick read but I'm not economist. Can someone tl;dr this in layman's terms?

My take away is someone bought Dickies for $10m and sold it for $520m.
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>>52241971
JVC are still around?

Did they ever do anything notable besides always giving away TVs on Australia's Funniest Home Videos?
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Wasn't Dick Smith owned by Woolworths until recently? What is it with them killing everything they touch, Big W is in the shitter too
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>>52242119
I'm pretty sure they manufacture the DSE branded shit. That's why the quality is so bad.
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>>52242144
My DSE tv was okay for the price really. JBs own brand is better though (Soniq)
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>>52242110
Buy company in a bullshit way so you essentially put $10mil into it, specifically while it's all stocked up
Dump all the stock it has with big sales so the profit sheet looks fucking superb
This attracts investors, and you sell all your stock off
Company is left with no stock and no ability to repeat the initial profit
You get delicious, delicious money while the other investors get to suck a fat dick
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>>52242174
Nah, the only cheap shit that's any good is Hisense.

This 40" I'm using right now is coming on 4 years old and is rock solid, albeit the remote is packing up.

8/10 would buy again
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>>52242064
This. Back in the day you could actually buy electronics kits components at DSE... And there was competition too, with Tandy.

Alas, no more.
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>>52242110

Bought for $10M, stripped of anything worth while then offloaded to clueless shareholders (i.e your super fund) for $520M.

Once people caught on that the gold nugget they had purchased was actually a highly polished turd they dump their holdings, share price collapses, banks won't lend to fund inventory and DSE winds up insolvent.

Good work if you can get it.
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The fuck is dick smith? some kind of weird European store?
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>>52242196
>Tandy

Aw anon why'd you have to go and make me sad
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>>52242197
As much as the guys that did this are scum, to be brutally honest anybody stupid enough to fall for this (hurr let's invest in DICK SMITH in 2013) deserved to lose their money.
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>>52241890
>not buying all your electronics from harvey norman
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>>52242119
Fuck you just hit me with some memories, wish I could find a clip of the JVC grand prize of the end of the year.

https://www.youtube.com/watch?v=paWCnDq1BHM

>>52242196
Tandy ;_; dam this thread.
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>>52242200
https://en.wikipedia.org/wiki/Dick_Smith_Electronics

>>52242235
Because I can't be the only one old enough to mourn the backyard electronics tinkering, anon.
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>>52242259

I'm not going to give this Jew a single shekel.
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>>52242259
Or i could save 10-15% and go to superior JBs.
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Weren't JB going to open a smaller DSE type store to compete?

>>52242293
Gerry Harvey fucking annoys me and I'm not even sure why.
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I think i paid ~$25 nzd for one of those auxiliary cassettes for my car one time
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>>52242259
Only a fucking moron would buy from harvey...
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>>52242387
only a fucking moron would buy from any australian consumer electronics retailer.

>not buying your shit from amazon using myusaddress
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>>52242349
>Gerry Harvey fucking annoys me and I'm not even sure why.

Because he does the voiceovers himself for their ads, and he sounds retarded.
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>>52242397
bahahaha.

You aren't coming out ahead with our shitty dollar.
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>>52242397
Our dollar is fucking worth 70 cents, it's not worth it once you factor in shipping.

God i miss the days of the 1:1
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>>52242349
>Gerry Harvey fucking annoys me and I'm not even sure why.
Fucking cunt is lobbying the government to introduce GST to all online purchases including overseas. It's currently Tax free if you buy shit that's under $1000 overseas.
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>immensely superior customer service.

like getting served by a hipster faggot with 12 earrings and tats?
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>>52242293
>>>/pol/
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>>52242542
Like looking the hipster in the eyes and telling him to do it cheaper

At which point you get some sweet money off.
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>>52242548
Not op, but everything he does is to look after he's chain and fuck over consumers.
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Related, what is the best brick and mortar electronics store in NZ?
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Dick Smith sucks dick. They do have some cheap shit, but the quality is absolutely garbage.
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>>52242728
JB Hi Fi
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>>52242782

Most of it is still overpriced desu

Am I doomed to buy cables online?
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>>52241890
Have a friend that worked there, he said they dropped the price of a few hd TV's that were 30"~ to like $50 not too long ago, keep an eye out if you're interested.
I will admit the quality of DS own brand TV's is pure shite but $50 is still a steal.
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>>52242728
PB-tech for consumer + enthusiast computing
Jaycar for componentry (if you don't mind the premium cost)
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They've been shit for a while honestly.

But I'll always have a soft spot for them being one of the few large brick and mortar stores that sold high end smartphones unlocked for reasonable prices.
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>>52242825
Welcome to living in Aus/NZ. Everything is way fucking overpriced, especially electronics. Online is almost always the cheapest way to go.
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>>52242728
Jaycar is all that's left really.

>>52243172
Why are we still getting fucked so hard on HDD's?
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>>52243172

Yeah I've lived my whole life in NZ I understand it's all overpriced, but sometimes you have to buy things in brick and mortar stores due to time constraints or trust issues.
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>>52243198

Jaycar it is. Last time I brought an HDD was from dick smith with a discount thanks to knowing the cashier.. RIP Dick Smith
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>>52243237
I haven't seen HDD's in dick smith since 500GB drives first became a thing. I take it the guys that took it over are the reason it went full consumer electronics?

RIP
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>>52242834
They did a fire-sale about a month ago on a heap of stock to try and save the company/keep the share price high enough for a few days so all the directors could get out. Everything decent disappeared on the first day it was on sale. Employees where buying shitloads of stock for themselves to sell at a profit later.

Not that anyone really minded since they'll be out of a job soon.
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I remember Dick Smith's back in the 80's (yes I am that old) when it was a proper electronics shop. A shop for people who actually wanted to think and create.

Time sure has changed.
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>>52243564

Thinking and creating is unaustralian. Buy a house, mate. you'll be rich and it's risk free!
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>>52243717
>Thinking and creating is unaustralian.

Sadly, this is true.
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So is there any hope for them?

JB should buy them and open those mini JB Electric stores they proposed
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>>52243717
Thanks.

I am going to view a house tomorrow. I keep asking myself if I really want to do it.

FUCK.
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>tfw no more dick jokes
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>>52241890
ahah dick
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>>52241890
when you charge 30% extra for your items you deserve to die.

these guys have had it coming for a long time. they are the tandy of the south pacific and should have learned from the tandy collapse but like jews they continued to screw their customers por quality overpriced crap.

good riddance dse.
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>>52244368
There will still be dick jokes.
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Back when Dick was actually at the company, they sold two power supplies.

The "Small Dick" and the "Big Dick".
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>>52244361
Well it's either the shit rental market with landlords or the shit housing market with the bubble.
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>>52242197
And the poor old customer suffers again. I think i heard that those with dse gift vouchers may not be able to use them due to the companies frozen assets.
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>>52244564
Theyre unsecured creditors so they're last in the queue to get paid in the insolvency. That's why it's generally a bad idea to buy gift vouchers I think- shackled money that can be taken away with the company.
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>>52243198
>Why are we still getting fucked so hard on HDD's?
Because were NZ, nobody gives a fuck about us. They charge us top prices because were like sheep and just take it up the ass.
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>>52244594
yes very true
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>>52244616
fucking classic
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>>52244616
10/10
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>>52244616
It just works
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>>52243717
I'll drink to that!
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>>52244368
Only in Australia.
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>>52243717
>Buy a house, mate.
>you'll be rich
At best you might be even due to the fact that every other property has risen by the same amount or greater.

>it's risk free!
no mortgage = risk free
lose job = lose house (possibly)
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>>52241890
My sister just got an oppo from them on sale.
Good phone, good price.
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Just bought a LG smart TV worth $1200 for $720 there including 2 years extra warranty from Dick Smith(which has gone down the drain now due to Dick Smith dying ).

Great TV with great quality picture for the price paid, sad to see this store go :(
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>>52243326
Haven't been to Dick Smith in years.
Last I went there, it was to pick up a 256MB flash drive and some LED multipacks, but they didn't have the latter anymore. Disgusting.
Jaycar is slowly turning into the same thing, but they always had more components in the first place, so it will take a lot longer.

JB Hifi is just a ripoff, don't even bother. Use pricespy for consumer shit and find that PBTech or Techworld are usually better bets.
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>>52245065
I got an oppo too bro
> sent from my oppo :^)
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>>52242601
This. Turned my $190 bluetooth speaker into a $150 purchase.
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>focus on technical components
>branch out into consumer electronics
>slowly remove specialist products from shelves
>becomes another tablet/laptop/tv store, indistinguishable from JBHIFI, Good Guys and Harvey Norman
>prices arent aren't good so no one chooses them over the competion
They had it coming.
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>>52245196
>seriously bought an extended warranty
>from a company gone tits up
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Spent my first couple paper run payments on a funway to electronics set.

Ruined my childhood at school, all the experiments/things we did with electronics up to the age of 16, I had done when I was 5.
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>>52245196
Never buy Extended Warranty ever again, Australian consumer laws make them redundant, even Apple can't make up enough bullshit to make AppleCare seem better than what Australian Consumer Laws offer.
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I took a mouse back to Dickies just because I didn't like the feel of it, they took it back with no further questioning.
So at least they had decent customer service.
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>>52245279
>$190 Bluetooth speaker
You do know you can buy beatspill clones on eBay for less than 30 dollars that have decent build quality and great sound quality.
I have one, it's branded five star and works great.
Pic related, but I got mine for $29.
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>>52242064
So much this. About the only thing going for them was their selection of batteries.

Batteries!

And I know the real reason they died. My local DSE has a wall of ink cartridges.
No one buys ink cartridges.
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>>52245426
New Zealand consumer laws also make them redundant.
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Into the trash it goes.

Man I worked there as a Christmas casual once. It was alright.
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Gotta go work at DS tomorrow.

Have always done the best I can for my customers with the resources we were given, but seriously... if someone wants to start shit with me tomorrow they're going to get it.

I'm owed ~$2000
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Dick Smith is only useful for their $19 Eneloop battery sales.
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>>52245841
What for?
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>>52246434

Wages and commission I worked real hard for in December. Wages I'll probably get but commission is probably wiped.
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>>52245920
>$19
>batteries
>eneloop

Fucking lol. You've been memed, faggot.
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>go into DSE today
>the tablet in their fitbit display was upsidedown
RIP DSE.
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>>52246561

It literally just slides out.

Should have rotated it faggot.
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>>52246600
I should have just taken it.

It's not like they need it anymore.
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>>52246625

It's a shitty acer you wouldn't want anyway senpai
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>>52246656
Maybe it's one that doesn't have Cyanogen I could have built for it.
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>>52242508
That was actually introduced, it comes into effect in july I believe.
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>>52241890
Finally that dick smith wizzard console i have might be worth some dosh
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>>52242542
He doesn't flirt with hipster grills to get better prices top cuck
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I'd have cared more if this were 10 years ago.

Also I'm still mad about the time they were selling Nintendo DSi consoles for $20 a pop:
I walked an hour to my nearest DSE on the day of a sale, getting up early, and they sold three to one cunt despite the purchase limit of 2. I was the last one to the counter and the only one to leave emptyhanded.

Oh and regarding all those bullshit "super sales" where the employees bought up all the stock to flip on eBay before the doors even opened.
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Everyone realised how expensive they were and stopped buying. Hopefully Harvey Norman goes next.
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>>52247747
Seconded. Pity Harvey Norman didn't go first, desu.
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>>52241890
Got a giftcard for DSE. Can't use it because they won't honour those anymore, that and they won't honour outstanding orders and are refusing refunds.

Cunts th
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>>52245920
My mother used to work for Sanyo before Panasonic bought them out in Aus. We've got so many fucking Eneloop batteries from my parents place, they power every battery operated thing in my home. Fucking aye.
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>>52244991
Is that Coight?
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Fuck, sad.
I've been going there since I was a kid, got all sorts of electronics kits, general electrical bits and shit. When I stepped up from plain switches and wires to, say, resistors, my local store scrapped all their electronics stuff, spare some soldering irons. Kinda moved on to Jaycar/buying smd shit online then, but I always liked dick smith.
Got my last few laptops there, I shop there just for the sake of it at least being semi-Australian (or at least telling myself it is).
I feel like going to my local store and buying all the "dick smith" branded stuff I can get my hands on. Just so I have it.
How long till the shops start shutting?
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>>52248022
The Dick Smith of today is not the Dick Smith you remember. It's been used by greedy faggots who purposely destroyed the business for short term gain before they jumped out.

http://www.gemcapital.com.au/blog/item/603-dick-smith-is-the-greatest-private-equity-heist-of-all-time.html
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>>52242196
Jesus fuck, my tandy disappeared years back.
Was just a kid back then. The vague little memories I have of it, oh god that place was soo good.
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>>52248022
If the shops do shut, there's a long process to go through before it can come to that.

They will likely get bought by someone and at least some will stay open.
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>>52242259
Fuck those cunts.
Fuck them to earth.
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>>52242197
Isn't that what caused the 2008 GFC?
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>>52245374
>Ruined my childhood at school, all the experiments/things we did with electronics up to the age of 16, I had done when I was 5.
This, this a thousand times this.
>>52245841
>but seriously... if someone wants to start shit with me tomorrow they're going to get it.
Elaborate for us drunks.
Which store you work?
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>>52247806
Are you fucking shitting me?
They're going down quick
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>>52248245
Same shit happend when the borders book shop close they wouldn't honor giftcards
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Shit thread

Here's the real RIP
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>>52248355
>Tandywas an electronics retailer in Australia, owned byWoolworths Limited.

Holy fuck Woolies you killed Tandy, DSE and soon Big W
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>>52245671
>using chink shit
>using clone chinkshit

No thanks, I have some shred of self respect, and good luck getting a replacement when that inevitably breaks. I'll be enjoying my Logitech UE Boom while you do that.
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>>52248355
>>52248065
Bought a VCR from these cunts a year before they closed
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I thought it was a little weird that I was able to get a screen protector and iphone case for my sister for $1 each.
Talking to the guy there he said they had 1,000 in stock but didn't sell a single one until they reduced them.
I thought it was just that brand that was a dud for them.
>>
where do australians buy electronics and shit now?
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Man after years of shopping there the last thing I will have ever now from them is Alien Isolation for $20 on PS4.

I will always like them for selling me a brand new Xperia Z for $599 when the next closest price was 800 though.
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What is this, 2003?
>>52248476
JB or online.
Fucking woolies for cables I guess.
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>>52248476
JB Hifi, or Harvey Norman if you're retarded.

Is Joyce Mayne still around?
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>>52248491
IT'S FUCKING HAPPENING
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What's with stores using the name dick anyway
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>>52248534
No that's been par for the course on the DSE website for years now
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RIP in piece Dick. Least shitty retail and most fun retail job I ever had.

>>52248476
Actual electronics and hobby stuff you go to Jaycar or online, otherwise there's a heap of places for A/V shit. It's funny because when they pulled out of components the only local competition left was Jaycar. They would've been better off sticking with what they were good at.
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>>52248565
In English speaking countries it's a nickname for Richard, have no clue for others

>tfw middle name is Richard
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>>52248476
online or second hand
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I-it's said that for years now.
It's not coming soon, is it?
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>>52248385
>Big W
What's going on with Big W?
They seem fine. Better than Kmart.
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>>52248738
>>52248738
Boy am I glad you phrased that as exactly as you did

http://www.news.com.au/finance/business/retail/kmart-ceo-eyeing-off-big-w-sites/news-story/a98b5404196abab96a7c9db08293582d
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>>52244564
You're fucking kidding.. I got a fucking gift card from my aunt and uncle.
He dabbles in economics, so I bet he regifted me the card, the cunt. ..
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>>52245841
I hope no one starts with you, it's not your fault the suits have the IQ of a retarded 4 year old.
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>>52249232
Weird.
In my experience everything in Kmart is more expensive than Big W and they have a far, far worse inventory.
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