{"id":90278,"date":"1999-12-31T00:09:00","date_gmt":"1999-12-30T13:09:00","guid":{"rendered":"http:\/\/smartoffice.com.au\/dick-smith-moves-to-copy-jb-hi-fi-in-the-appliance-market\/"},"modified":"1999-12-31T00:09:00","modified_gmt":"1999-12-30T13:09:00","slug":"dick-smith-moves-to-copy-jb-hi-fi-in-the-appliance-market","status":"publish","type":"post","link":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dick-smith-moves-to-copy-jb-hi-fi-in-the-appliance-market\/","title":{"rendered":"Dick Smith Moves To Copy JB Hi Fi In The Appliance Market"},"content":{"rendered":"<p>Dick Smith is looking to mirror the success of JB Hi Fi&#8217;s move into small appliances with the launch of 100 new ConnectedHome concept designed to specifically appeal to people looking to buy appliances for the home.<\/p>\n<div style=\"font-family: sans-serif; font-size: 10pt;\"><span style=\"font-family: sans-serif; font-size: 13.3333330154419px;\">The Company has also hired Bita Lowry, the former small appliances buyer for Myer to spearhead the Companies relationship with small appliance vendors.<\/span><\/div>\n<div style=\"font-family: sans-serif; font-size: 10pt;\"><font face=\"sans-serif\"><span style=\"font-size: 13.3333330154419px;\"><br \/><\/span><\/font><\/div>\n<div style=\"font-family: sans-serif; font-size: 10pt;\"><font face=\"sans-serif\"><span style=\"font-size: 13.3333330154419px;\">The move is a blow to the likes of The Good Guys, Betta Electrical and Harvey Norman who have moved to shore up their relationships with appliance vendors while also increasing their house brand range.<\/span><\/font><\/div>\n<div style=\"font-family: sans-serif; font-size: 10pt;\"><font face=\"sans-serif\"><span style=\"font-size: 13.3333330154419px;\"><br \/><\/span><\/font><\/div>\n<div style=\"font-family: sans-serif; font-size: 10pt;\"><font face=\"sans-serif\"><span style=\"font-size: 13.3333330154419px;\">Nick Aboud the CEO of Dick Smith told ChannelNews that he was &#8220;more than happy&#8221; as to how Dick Smith was currently trading he said that he was confident that there would be a big &#8220;upside&#8221; for his appliance business.&nbsp;<\/span><\/font><\/div>\n<div style=\"font-family: sans-serif; font-size: 10pt;\"><font face=\"sans-serif\"><span style=\"font-size: 13.3333330154419px;\"><br \/><\/span><\/font><\/div>\n<div><font face=\"sans-serif\"><span style=\"font-size: 13.3333330154419px;\"><\/p>\n<div>He said &#8220;I do not see any problems dealing with suppliers, we will go extremely well, we intend to deal with big brands including Panasonic, Delonghi, Braun etc. We are currently fitting out 100 stores and we anticipate that these will be finished by Christmas&#8221;<\/div>\n<div><\/div>\n<div>Aboud added &#8220;we intent to focus on key brands in the coffee, health and food markets as opposed to larger appliances&#8221; he said. &nbsp;<\/div>\n<p><\/span><\/font><\/div>\n<div style=\"font-family: sans-serif; font-size: 10pt;\"><font face=\"sans-serif\"><span style=\"font-size: 13.3333330154419px;\"><br \/><\/span><\/font><\/div>\n<div style=\"font-family: sans-serif; font-size: 10pt;\"><font face=\"sans-serif\"><span style=\"font-size: 13.3333330154419px;\">Several large appliance vendors have told ChannelNews recently that they are &#8220;reluctant&#8221; to supply new appliance retailers because they fear it will &#8220;tarnishing their relationships&#8221; with the likes of Harvey Norman, The Good Guys and &nbsp;partners who have been selling appliances for several years.&nbsp;<\/span><\/font><\/div>\n<div style=\"font-family: sans-serif; font-size: 10pt;\"><font face=\"sans-serif\"><span style=\"font-size: 13.3333330154419px;\"><br \/><\/span><\/font><\/div>\n<div style=\"font-family: sans-serif; font-size: 10pt;\"><font face=\"sans-serif\"><span style=\"font-size: 13.3333330154419px;\">Senior JB Hi Fi management recently admitted to ChannelNews that not all suppliers were keen to do business with the mass retailers because of existing relationships.&nbsp;<\/span><\/font><\/div>\n<div style=\"font-family: sans-serif; font-size: 10pt;\"><font face=\"sans-serif\"><span style=\"font-size: 13.3333330154419px;\"><br \/><\/span><\/font><\/div>\n<div style=\"font-family: sans-serif; font-size: 10pt;\"><font face=\"sans-serif\"><span style=\"font-size: 13.3333330154419px;\">Aboud said that 100 existing Dick Smith stores will get makeovers including the Companies George Street store which will open on the 16th of August as a ConnectedHome operation, this store is right next to Myer in the Sydney CBD.<\/span><\/font><\/div>\n<div style=\"font-family: sans-serif; font-size: 10pt;\"><\/div>\n<div style=\"font-family: sans-serif; font-size: 10pt;\"><font face=\"sans-serif\"><span style=\"font-size: 13.3333330154419px;\"><br \/><\/span><\/font><\/div>\n<div style=\"font-family: sans-serif; font-size: 10pt;\"><font face=\"sans-serif\"><span style=\"font-size: 13.3333330154419px;\">Two years ago JB Hi Fi moved into the appliance market in the last quarter the mass retailer grew their appliance business 11.8%, the Company has 43 JB Hi Fi home stores.&nbsp;<\/span><\/font><\/div>\n<div style=\"font-family: sans-serif; font-size: 10pt;\"><font face=\"sans-serif\"><span style=\"font-size: 13.3333330154419px;\"><br \/><\/span><\/font><\/div>\n<div style=\"font-family: sans-serif; font-size: 10pt;\"><font face=\"sans-serif\"><span style=\"font-size: 13.3333330154419px;\"><br \/><\/span><\/font><\/div>\n<div style=\"font-family: sans-serif; font-size: 10pt;\"><font face=\"sans-serif\"><span style=\"font-size: 13.3333330154419px;\"><br \/><\/span><\/font><\/div>\n<div style=\"font-family: sans-serif; font-size: 10pt;\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dick Smith is looking to mirror the success of JB Hi Fi&#8217;s move into small appliances with the launch of 100 new ConnectedHome concept designed to specifically appeal to people looking to buy appliances for the home.<\/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-90278","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 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dick Smith Moves To Copy JB Hi Fi In The Appliance Market - Smart Office<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/dick-smith-moves-to-copy-jb-hi-fi-in-the-appliance-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" 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