NZ flagged to continue to drag Dick Smith down

CEO: “We're defending ourselves, and we see that defence position continue into the second half, but we don't think the conditions will improve in the short term."

Calida Smylie
Wed, 18 Feb 2015

Dick Smith’s [ASX:DSH] website sales are just 7% of its total as it struggles to compete with online retailers in a tough New Zealand consumer environment.

The Australian consumer electronics chain posted profit of $A25.2 million in the six months to December 28, while sales rose 8.9% to $A693.8

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