Up to 10 staff at Dick Smith’s Bendigo Marketplace store are expected to be out of a job within weeks, after receivers wound up the business on Thursday following an unsuccessful attempt to find a buyer.
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Receivers Ferrier Hodgson announced all 301 Australian stores and 62 in New Zealand would close their doors, leaving almost 3000 employees out of work.
Staff at the Bendigo outlet said the announcement was “disappointing” and expected to be put off within about eight weeks.
Meanwhile, the business’ original founder Dick Smith said he had no interest in buying back the troubled chain.
"When I owned Dick Smith it was a company selling electronic components. I've never been involved in consumer electronics, I don't know how anyone could make any money out of it," he said.
"I wouldn't look at buying back the name but I'm incredibly angry about the utter dishonesty of Anchorage Capital and I hope ASIC and the Senate Inquiry do something about them.”
– with The Age
