Original article by Sue Mitchell
The Australian Financial Review – Page: 15 : 25-May-16

Steinhoff International currently has two POCO stores in Australia, which sell a range of household appliances, furniture and home renovation products. Steinhoff is believed to be planning to expand its POCO chain to at least 45 stores in the next several years, and may seek to acquire some Masters sites. Harvey Norman chairman Gerry Harvey has downplayed the impact that the POCO expansion will have on his company, arguing that they offer a different product mix.

CORPORATES
STEINHOFF INTERNATIONAL HOLDINGS LIMITED, POCO AUSTRALIA, HARVEY NORMAN HOLDINGS LIMITED – ASX HVN, THE GOOD GUYS, JB HI-FI LIMITED – ASX JBH, FREEDOM FURNITURE, SNOOZE SLEEP WELL PTY LTD, MASTERS HOME IMPROVEMENT AUSTRALIA PTY LTD, WOOLWORTHS LIMITED – ASX WOW, BEST AND LESS PTY LTD, HARRIS SCARFE HOLDINGS LIMITED, CONFORAMA, HARVEYS, PEP CORPORATION, POSTIE PLUS GROUP LIMITED, RETRAVISION (AUSTRALIA) PTY LTD, CLIVE ANTHONYS PTY LTD, BRASHS PTY LTD, RICK HART DISCOUNTS, CLIVE PEETERS, BREVILLE GROUP LIMITED – ASX BRG, ROBINHOOD AUSTRALIA PTY LTD, EVERDURE, BLANCO PTY LTD