Dick Smith profit beats forecast but investor heads for exit

Dick Smith will grow its private label offering by as much as 40 per cent this year by introducing new product lines and entering into new categories, such as security cameras, tablets and audio accessories, with the retailer aiming for as much as 2 per cent same-store sales growth for the first half of 2015 and keeping a tight control on costs.
Online sales would also be a key focus for the group with its website growing its percentage of total group sales from 4 per cent to 5 per cent during fiscal 2014.  Sydney Morning Herald – Read more…