Original article by Eli Greenblat
The Australian – Page: 21 : 13-Oct-14

Nick Abboud, CEO of electronic goods retailing chain Dick Smith, says its alliance with department stores group David Jones is progressing well. One year after the "David Jones Electronics Powered by Dick Smith" concept was rolled out in October 2013, the concessions inside the David Jones stores generate more than half of upmarket product sales for Dick Smith. This is despite this business accounting for only 3% of the parent’s total turnover, which shows that the David Jones link has given it access to more affluent consumers. David Jones has since been acquired for $A2.2bn by South African group Woolworths

CORPORATES
DICK SMITH HOLDINGS LIMITED – ASX DSH, DAVID JONES LIMITED, WOOLWORTHS HOLDINGS LIMITED, COUNTRY ROAD LIMITED, BOSE PTY LTD