{"id":81945,"date":"1999-12-31T00:08:00","date_gmt":"1999-12-30T13:08:00","guid":{"rendered":"http:\/\/smartoffice.com.au\/dick-smith-grows-9\/"},"modified":"1999-12-31T00:08:00","modified_gmt":"1999-12-30T13:08:00","slug":"dick-smith-grows-9","status":"publish","type":"post","link":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dick-smith-grows-9\/","title":{"rendered":"Dick Smith Grows 9%"},"content":{"rendered":"<p>Sales at the Woolworths group&#8217;s Australian and NZ consumer electronics stores &#8211; including the Dick Smith chain &#8211; grew 9 percent to $839 million in the six months to December 31, the group said yesterday.<P>Sales at the Woolworths group&#8217;s Australian and NZ consumer electronics stores &#8211; including the Dick Smith chain &#8211; grew 9 percent to $839 million in the six months to December 31, the group said yesterday.<\/P><P>Growth in the second quarter was 11.6 per cent compared with just 6.1pc in the first quarter &#8211; possibly reflecting extra Christmas sales spurred by the Rudd Government&#8217;s stimulus program.<\/P><P>A Woolworths statement to the ASX noted that the consumer electronics sales spurt had been delivered at a lower margin &#8220;as we transition out of certain categories and experience both changes in sales mix and a highly competitive market.&#8221;<\/P><P>Woollies opened 29 new DSE stores and three Powerhouse stores during the six months, talking the total to 433 stores.<\/P><P>A joint venture with Tata in India now has 26 consumer electronics stores operating under the Croma brand, producing sales of A$90 million for the half year.<\/P><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sales at the Woolworths group&#8217;s Australian and NZ consumer electronics stores &#8211; including the Dick Smith chain &#8211; grew 9 percent to $839 million in the six months to December 31, the group said yesterday.<\/p>\n","protected":false},"author":42,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[28,179],"tags":[],"class_list":["post-81945","post","type-post","status-publish","format-gallery","hentry","category-archive","category-retail","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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