Dick Smith: Move start-up one of retailer’s promising assets

[1] For the past three years, Dick Smith’s Move concept stores have not been profitable in the fashion tech industry.

[2] But Smith’s startup is perceived as one of the best assets of the retail group.

[3] Currently boasting of have 289 store locations in Australia and 62 in New ­Zealand, Dick Smith flagship stores are seen as legacy assets and will find it harder to get an interested buyer.

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[Source] Australian Information Technology News – Dick Smith: Move start-up one of retailer’s promising assets