Betting on Dick Smith’s future

Woolworths is keen to wash its hands of the consumer electronics chain, but who’s willing to bite?

After announcing yesterday that it would look to sell-off consumer electronics chain Dick Smith, Woolworths said it had already received a number of unsolicited approaches for the business. The question is, who would buy it?

It would be easy to write Dick Smith off as one of the many retail businesses facing extinction due to its unwillingness to adapt to change. But in the case of Dick Smith it’s not that clear cut.

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