Dick Smith will slash prices on a range of products Australia-wide as parent company Woolworths attempts to offload the struggling retail chain.
Ecogamer reported a leak from an anonymous insider suggesting Dick Smith will significantly reduce prices on products including hardware, games and gaming consoles, keyboards and mice.
Prices will start from $1 for various Wii, PSP and Nintendo DS games.
Dick Smith confirmed to CRN a $7 million gaming sale will begin on April 2. It did not disclose whether other products would be subject to reduced prices.
Woolworths announced in January plans for a staged restructure and sell-off that will see 100 of 386 underperforming Dick Smith stores across Australia and New Zealand closed permanently over the next two years.
The decision followed a strategic review which found the brand was disproportionate to its profitability. Woolworths last month revealed the restructure had resulted in a net loss of $217 million.
Copyright © CRN Australia. All rights reserved.
Issue: 322 | December 2013
Access CRN's extensive online resources including; email bulletins, community discussions and unique online news.
Processing registration... Please wait.
This process can take up to a minute to complete.
A confirmation email has been sent to your email address - SUPPLIED GOES EMAIL HERE. Please click on the link in the email to verify your email address. You need to verify your email before you can log on to the CRN website or start posting comments on articles.
If you do not receive your confirmation email within the next few minutes, it may be because the email has been captured by a junk mail filter. Please ensure you add the domain '@crn.com.au' to your white-listed senders.