Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


View this topic in a long page with up to 500 replies per page Create new topic
1 | 2 | 3 | 4
1809 posts

Uber Geek
+1 received by user: 221

Trusted

  Reply # 731069 12-Dec-2012 08:17
Send private message

Loaf: I've never really liked Noel Leeming or Bond & Bond.

Noel Leeming often has un-competitive prices, selling at the recommended retail prices of manufacturers (so its never the best place to go when you want bang for buck). They also usually have older products, I remember in 2007 they would always take forever to get the latest Mac products in and would try to get rid of outdated Mac products-- they tried to sell me an old laptop in a bashed case for more than DSE was selling the newer Intel MacBook.

And Bond & Bond is just a facade they stick directly next to Noel Leeming shops, as a way of getting unsuspecting people to go next door, see the same product for cheap and think "OH BOY" lol.


I've found Noel Leeming to be pretty good about price matching physical retailers on pricespy, and giving flybuys as well.


I'll also call the Bond & Bond brand shut in a few years. Sure there's a bit of goodwill built up, but the duplicate property and advertising costs surely can't outweigh it

10034 posts

Uber Geek
+1 received by user: 1585

Trusted

  Reply # 731142 12-Dec-2012 09:49
Send private message

Dunnersfella:
tdgeek: Gross margin or net margin? Net I assume.

Absorption of admin expenses will lessen the NL expense ratio per sales. Simplistically, WH admin is 10 staff, NL is 4, both are 11. Net margin will increase, alongside other efficiencies from combinig resources and reducing what will be surplus expenses. Long term, a potentially powerful, all encompassing retaill base. I'd probably be concerned if I was an employee of HN.


I'd be jumping for joy if I was a Noel Leeming employee (yaaay payrise, finally earning above minimum wage!) and running for cover if I was working at Bond & Bond's.
I don't know if Hardly Normal / Smiths City / JB Hifi / Powerstore / LV Martin / Dick Smith etc staff are 'concerned'... change would be something they'd have to be used to by now, surely?
Of course, not everyone is impressed with the move...
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10853304


Yes, change is normal.  If HN had taken over NL, thats normal, a normal change, but I see The Warehouse having a much higher chance of success due to size and ability to grow.

 
 
 
 


Bee

591 posts

Ultimate Geek
+1 received by user: 109


7659 posts

Uber Geek
+1 received by user: 731

Subscriber

  Reply # 776831 8-Mar-2013 12:49
Send private message

Wonder if they will rebrand the Bond and Bond store where there is no Noel Leemings ??




Regards,

Old3eyes


Bee

591 posts

Ultimate Geek
+1 received by user: 109


  Reply # 776833 8-Mar-2013 12:51
Send private message

Yes?

"eight Bond and Bond stores will become Noel Leeming stores,"

1245 posts

Uber Geek
+1 received by user: 137


  Reply # 776870 8-Mar-2013 13:20
Send private message

I use Noel Leeming for show rooming. I just couldn't be bothered having to ask for a price other than RRP in store. Also our HN down the road sells the exact same product for a better price and I hardly have to speak to anyone for it.

3208 posts

Uber Geek
+1 received by user: 382


  Reply # 777079 8-Mar-2013 20:44
Send private message

I wasn't aware that Bond's had been around since 1875!
Still, the on-line 'presence' may be interesting. Or, it may just be a way to run Noel Leeming with higher prices and large interest free deals, while the Bond's website goes cheap on-line to win the 'price-spy war, meaning The Warehouse can get both bites of the cherry? It's good that no floor staff have lost their gigs, but I do wonder if that means that the Noel Leeming staff will get fewer hours?
Oh well, many people picked it... but there sure has been a lot of change in the gadget / whiteware sellers world lately.

2761 posts

Uber Geek
+1 received by user: 1166


  Reply # 777115 8-Mar-2013 21:09
Send private message

khull: I use Noel Leeming for show rooming. I just couldn't be bothered having to ask for a price other than RRP in store. Also our HN down the road sells the exact same product for a better price and I hardly have to speak to anyone for it.


If you don't ask you don't get.  

Personally I have always found NL to be very competitive on pricing and they are certainly always worth a haggle over price.  They will price match anything at the drop of a hat and with Fly Buys puts the icing on the cake.

Bond and Bond always struck me as the poor cousin in the relationship anyway.  I just hope not to many lose their jobs.

 




Always be yourself, unless you can be Batman, then always be the Batman



3989 posts

Uber Geek
+1 received by user: 2031

Trusted
Subscriber

  Reply # 777282 9-Mar-2013 10:29
Send private message

Palmerston North will be one of the 12 Bond & Bonds to close:

http://www.stuff.co.nz/manawatu-standard/news/8399629/Electronics-store-to-close


In PN, NL and B&B are right next door to each other.




Whatifthespacekeyhadneverbeeninvented?


30 posts

Geek
+1 received by user: 3


  Reply # 778759 12-Mar-2013 19:30
Send private message

It seems like the wharehouses goal is to become the new zealand walmart

10034 posts

Uber Geek
+1 received by user: 1585

Trusted

  Reply # 778761 12-Mar-2013 19:35
Send private message

comatosedturtle: It seems like the wharehouses goal is to become the new zealand walmart


It already is, taking into account NZ small population. I've been to many Walmarts, the bigger ones have supermarkets included, Chemists. But in NZ The Warehouse is our Walmart, also as said by my ex American gf.

2081 posts

Uber Geek
+1 received by user: 329


  Reply # 778768 12-Mar-2013 19:51
Send private message

I cant complain about NL, Went to NL Westgate looking at washing machines, asked for best price on the F & P the wife wants, rrp is $1599, cash price $999, no haggling, just a simple "what is your lowest price?"

I bought a tablet in the boxing day sale also at a crazy price, as a retailer the are very customer focussed

1923 posts

Uber Geek
+1 received by user: 139


  Reply # 778800 12-Mar-2013 21:08
Send private message

Wonder if it's related, but.......
Norman Ross in Christchurch has rebranded to Harvey Norman.

3989 posts

Uber Geek
+1 received by user: 2031

Trusted
Subscriber

  Reply # 778807 12-Mar-2013 21:22
Send private message

oxnsox: Wonder if it's related, but.......
Norman Ross in Christchurch has rebranded to Harvey Norman.


Different company altogether. There were 3 NRs; they've all changed to the HN brand name.




Whatifthespacekeyhadneverbeeninvented?


3208 posts

Uber Geek
+1 received by user: 382


  Reply # 778817 12-Mar-2013 21:30
Send private message

Norman Ross's website shows that the brand is no more...

http://normanross.co.nz/

Two retail brands gone within a very short period of time. I wonder who is next?



1 | 2 | 3 | 4
View this topic in a long page with up to 500 replies per page Create new topic



Twitter »

Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:





News »

Phone prices rising as users move upmarket
Posted 24-Nov-2017 17:16


Talking net neutrality on RNZ Nine-to-Noon
Posted 24-Nov-2017 12:11


Air New Zealand experiments with blockchain technology
Posted 23-Nov-2017 15:39


Symantec selects Amazon Web Services to deliver cloud security
Posted 23-Nov-2017 10:40


New Zealand Ministry of Education chooses Unisys for cloud-based education resourcing management system
Posted 22-Nov-2017 22:00


Business analytics software powers profits for NZ wine producers
Posted 22-Nov-2017 21:52


Pyrios strikes up alliance with Microsoft integrator UC Logiq
Posted 22-Nov-2017 21:51


The New Zealand IT services ecosystem - it's all digital down here
Posted 22-Nov-2017 21:49


Volvo to supply tens of thousands of autonomous drive compatible cars to Uber
Posted 22-Nov-2017 21:46


From small to medium and beyond: Navigating the ERP battlefield
Posted 21-Nov-2017 21:12


Business owners: ERP software selection starts (and finishes) with you
Posted 21-Nov-2017 21:11


Why I'm not an early adopter
Posted 21-Nov-2017 10:39


Netatmo launches smart home products in New Zealand
Posted 20-Nov-2017 20:06


Huawei Mate 10: Punchy, long battery life, artificial intelligence
Posted 20-Nov-2017 16:30


Propel launch Disney Star Wars Laser Battle Drones
Posted 19-Nov-2017 21:26



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.