Dick Smith (retailer)
Dick Smith (formerly Dick Smith Electronics or DSE) is an international electronics retailer, founded in 1968 by Richard "Dick" Smith. As of 2012 Formerly owned by Woolworths Limited, now by private equity firm Anchorage Capital Partners . Founder Dick Smith no longer owns any part of the company.
The business started as a small car radio installation business in the Sydney suburb of Artarmon, New South Wales, and has expanded to employ over 2,000 people. It has co-sponsored AFL club the Richmond Tigers since 2008.
On 31 January 2012 Woolworths Limited announced that after the results of a strategic review it would close up to 100 Dick Smith stores and sell the business.
On 27 September 2012 Woolworths announced that the private equity firm Anchorage Capital Partners would purchase Dick Smith Electronics for $20M.
Read more about Dick Smith (retailer): The Dick Smith Brand
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