Dick Smith to shut up shop

Discussion in 'Markets & Economies' started by Caput Lupinum, Oct 15, 2014.

Page 2 of 2
  1. GBN

    GBN Member

    Joined:
    Oct 25, 2012
    Messages:
    193
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Adelaide
    My local Woolworths has a few of his products. I'm going to miss his peanut butter and dead 'orse. Might pop in and stock up on the weekend.
    His 'tem-tims' were OK but I havent seen them on the shelves for a while.

    Another aussie brand going O/S - http://www.abc.net.au/news/2014-10-08/job-losses-at-caroma/5798814
     
    GBN, Oct 16, 2014
    #21
  2. petey

    petey Active Member Silver Stacker

    Joined:
    May 19, 2010
    Messages:
    1,043
    Likes Received:
    7
    Trophy Points:
    38
    Location:
    Luxembourg
    Dat feeling of choc chip cookies and beef fat in between your toes.
     
    petey, Oct 16, 2014
    #22
  3. NlightN

    NlightN Member Silver Stacker

    Joined:
    May 15, 2013
    Messages:
    98
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Sydney, Australia
    He just needs better marketing and packaging. Get rid of his head off the label.. maybe ?
     
    NlightN, Oct 16, 2014
    #23
  4. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,656
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    NSW
    Dick's head is what makes his products stand out
     
    Caput Lupinum, Oct 16, 2014
    #24
  5. NlightN

    NlightN Member Silver Stacker

    Joined:
    May 15, 2013
    Messages:
    98
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Sydney, Australia
    Ask anyone under 30 who's that Dick Head??

    Most would not understand that icon he was..
     
    NlightN, Oct 16, 2014
    #25
  6. AngloSaxon

    AngloSaxon Active Member

    Joined:
    Oct 26, 2012
    Messages:
    1,779
    Likes Received:
    6
    Trophy Points:
    38
    Location:
    Sydney
    I still buy his peanut butter and other things intermittently, when we can get them. Sad to see the brand go.

    But if everyone insists on buying the inferior Colesworths branded stuff and the small manufacturers go out of business, the Australian public only has itself to blame.
     
    AngloSaxon, Oct 16, 2014
    #26
  7. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    I've been trying but Coles just replaces stuff with their own brand so there's no choice!!!!!
     
    SpacePete, Oct 16, 2014
    #27
  8. Boyo

    Boyo Active Member Silver Stacker

    Joined:
    May 16, 2010
    Messages:
    1,891
    Likes Received:
    5
    Trophy Points:
    38
    Location:
    Ipswich
    Dick is a prophet...he was sent to show us how it might have been, had we not been seduced by advertising ...the hand maidens of global business.

    I hope his entrapreneurial (damn the spelling) brain is working on something new to stir the pot :)
     
    Boyo, Oct 16, 2014
    #28
  9. petey

    petey Active Member Silver Stacker

    Joined:
    May 19, 2010
    Messages:
    1,043
    Likes Received:
    7
    Trophy Points:
    38
    Location:
    Luxembourg
    Didn't he own those Australian science shops?
     
    petey, Oct 16, 2014
    #29
  10. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    7,777
    Likes Received:
    7,199
    Trophy Points:
    113
    DS does make a good point about Australian wages. They're simply too high and there's too much red-tape involved. In my opinion they're high because Australians have over-capitalised on real estate via the debt boom. And now we're paying the price by being uncompetitive.
     
    willrocks, Oct 16, 2014
    #30
  11. long88

    long88 Member

    Joined:
    Jun 19, 2012
    Messages:
    756
    Likes Received:
    12
    Trophy Points:
    18
    Location:
    Melbourne
    does our real estate have to bust so that prices of things will fall ?

    isnt that the rba is fighting against currently ?




     
    long88, Oct 17, 2014
    #31
  12. petey

    petey Active Member Silver Stacker

    Joined:
    May 19, 2010
    Messages:
    1,043
    Likes Received:
    7
    Trophy Points:
    38
    Location:
    Luxembourg
    Australians will not stand for a drop in real estate (as they have all bought in) or a drop in wages (because they're all "Aussie battlers", even those poor families on $250k+). Politically, you'd be much better off inflating away the value of a dollar to make the country more competitive.
     
    petey, Oct 17, 2014
    #32
  13. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    If we inflate away the value of the dollar relative to other currencies, housing prices will explode upwards as offshore investors pile in.

    Australia can keep pumping prices, restricting supply, pumping population growth and selling off the country to the highest global bidders for a long time to come. Will it eventually break spectacularly? Very likely. But people shouldn't count on a crash any time soon. Not sure what this means for the economy over the next several years though.
     
    SpacePete, Oct 17, 2014
    #33
  14. willrocks

    willrocks Well-Known Member Silver Stacker

    Joined:
    May 10, 2012
    Messages:
    7,777
    Likes Received:
    7,199
    Trophy Points:
    113
    It begins with 'Stag' and ends with 'ion'.

    [​IMG]
     
    willrocks, Oct 17, 2014
    #34
Page 2 of 2

Share This Page