Harvey Norman eyes Dick Smith’s Move

 In Australia, NewZealand
Harvey Norman is eyeing what may be the only attractive assets of collapsed retailer Dick Smith – its Move "fashtronics" stores at Sydney Airport.
Harvey Norman executive chairman Gerry Harvey confirmed that Australia’s largest furniture and homewares retailer was crunching the numbers on the four Move airport stores, which continue to trade while Dick Smith’s eponymous stores and 10 non-airport Move stores are closing down.
The Move brand was launched by Dick Smith in 2014 – weeks before its $520 million initial public offer – after market research ­identified a gap in the $12 billion ­consumer electronics market for consumer electronics as fashion accessories. Sydney Morning Herald – Read more…

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