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.


amiga500

1488 posts

Uber Geek
Inactive user


#238107 3-Jul-2018 14:49
Send private message quote this post

https://www.stuff.co.nz/business/105158407/smiths-citys-15m-for-unpaid-meetings-adds-to-red-ink

 

I checked out the Christchurch Colombo Street shop today - it's huge. When I went in there just before lunchtime there may have been three people browsing at the most. The electronics area looked well stocked but had a lot of empty floor space.

 

Because I have bought a small Veon TV recently I thought I'd check out the price on the smallest TV they sell. It was a Panasonic 32 inch selling for $597.00. (A step up from my Veon of course, although possibly out sourced as Panasonic does a lot of that now, as do the other makers.)

 

Then I went to see what price Harvey Norman had - it was $530 for a Panasonic 32 inch TV. The best price was in a Noel Leemings brochure at the front of their shop $384 for a Panasonic 32 inch TV. 

 

The cheapest option of all would be a Veon 32 inch HD from The Warehouse at $269.00. (Which has a 3 yr warranty)

 

I also noticed that Smiths City had just updated all eight? of their Fuji photo printing machines - a possibly strange decision seeing that all but one shop at the Riccarton Mall got rid of photo printing two or more years ago!

 

So what is your experience of Smiths City been like? Will they be the next Dick Smith?

 

 


View this topic in a long page with up to 500 replies per page Create new topic
 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11
surfisup1000
4875 posts

Uber Geek


  #2048376 3-Jul-2018 15:51
Send private message quote this post

I find smiths city a bit strange.   

 

How do they survive in such a competitive market? 

 

I think they will be the next chain to go bust. But, they're not that big right?


cruxis
236 posts

Master Geek


  #2048382 3-Jul-2018 15:54
Send private message quote this post

Going to smiths city reminds me going there in 80s, It feels  so old school and samey. The thing I noticed missing is the firearms section has gone. The floor space is noticeable too must cost a bit. I feel the market competitors are doing a better job with moving with the times. Can't tell if smith citys is high end or low end. ie ballantynes, warehouse


 
 
 
 


MikeB4
15555 posts

Uber Geek
Inactive user


  #2048384 3-Jul-2018 15:58
Send private message quote this post

surfisup1000:

 

I find smiths city a bit strange.   

 

How do they survive in such a competitive market? 

 

I think they will be the next chain to go bust. But, they're not that big right?

 

 

 

 

Smith City on NZ standards is big. It operates circa 30 stores. It would bad for consumers for them to go bust or be swallowed up by another group such as the Warehouse or Harvey Norman.


wellygary
5005 posts

Uber Geek


  #2048398 3-Jul-2018 16:13
Send private message quote this post

amiga500:

 

So what is your experience of Smiths City been like? Will they be the next Dick Smith?

 

 

While its retail future is probably cloudy, its unlikely to explode the way DS did, which was taken over by a bunch of private equity wideboys who engaged in a huge "pump and dump"  before it blew up leaving the new shareholders with absolutely nil value....


CYaBro
3343 posts

Uber Geek

Subscriber

  #2048442 3-Jul-2018 17:07
Send private message quote this post

We have a Smiths City in Whangarei now, rebranded Furniture City store, but I've never been in there.
And nothing has ever prompted me to even think about going there.

 

 


KiwiSurfer
687 posts

Ultimate Geek

Lifetime subscriber

  #2048443 3-Jul-2018 17:07
Send private message quote this post

I've honestly never been in one. Is it just a not-in-Auckland thing?


MikeB4
15555 posts

Uber Geek
Inactive user


  #2048447 3-Jul-2018 17:13
Send private message quote this post

We purchased the Fridge, Oven and Hob for our recent kitchen upgrade from there and it is probably the first time I have purchased from them in quite a few years. I did buy from L V Martin& Son  before the Smith City buyout.


 
 
 
 


wellygary
5005 posts

Uber Geek


  #2048448 3-Jul-2018 17:14
Send private message quote this post

KiwiSurfer:

 

I've honestly never been in one. Is it just a not-in-Auckland thing?

 

 

yeah, its a mainly South Island Chain, with ambitions to be a National player,


dafman
3377 posts

Uber Geek

Trusted
Subscriber

  #2048453 3-Jul-2018 17:19
Send private message quote this post

We've bought a bit of furniture from Smiths City in Paraparaumu. Prices were excellent. Probably a bit too excellent as it turns out. Will be a pity if they go.


quickymart
5717 posts

Uber Geek


  #2048469 3-Jul-2018 17:37
Send private message quote this post

They were huge in the 90s but lost their direction by the turn of the century, IMO. All their technology stuff seems to be last year's and priced too much for what it is.

Behodar
7171 posts

Uber Geek

Trusted
Lifetime subscriber

  #2048471 3-Jul-2018 17:40
Send private message quote this post

wellygary: yeah, its a mainly South Island Chain

 

It actually seems to be roughly 50/50


kingjj
Baby Get Shaky!
1678 posts

Uber Geek

Trusted
Subscriber

  #2048484 3-Jul-2018 18:14
Send private message quote this post

I'm sure it still appeals to a certain type of consumer who has been partaking of their relatively-easy-to-get finance for a long time. My ex-step father was a big purchaser there, all on tick. He still purchases everything from them as they have made it easy for him to get the credit whereas he would likely struggle with other providers.


sbiddle
29282 posts

Uber Geek

Moderator
Trusted
Biddle Corp
Lifetime subscriber

  #2048486 3-Jul-2018 18:25
Send private message quote this post

They're an interesting company.. Despite lots of advertising they don't have much of a profile.

 

They're in what is an incredibly competitive low margin market and can't quite decide who they want to be and what they want to focus on. For the last few years they've focussed on trying to turn the business around, but nothing so far seems to have worked.

 

Why they held onto stores such as the old LV Martin in Ngauranga Gorge for so long really puzzled me.


Fred99
11137 posts

Uber Geek


  #2048489 3-Jul-2018 18:33
Send private message quote this post

There's no future in the general market mid-range "department store".  Discount barns might survive, higher end department stores might.  They won't.

 

They are toast.  To be fair to the directors/managers - they really had nowhere to go.  If you were running the place where your market was being eaten at the low end, at the high end, and especially by specialist stores in the middle - what would you have done to save it?

 

 


amiga500

1488 posts

Uber Geek
Inactive user


  #2048495 3-Jul-2018 18:51
Send private message quote this post

I happened to be walking past there about a week ago & saw a whole lot of Fuji photo printing kiosks being put into a Fuji branded van & I thought they were going out of photo printing but no they have all new ones in there today! Fuji machines.

 

Guess some people must be printing photos to put on Nana's fridge still. Lol!

 

 


 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11
View this topic in a long page with up to 500 replies per page Create new topic





News »

Huawei launches IdeaHub Pro in New Zealand
Posted 27-Oct-2020 16:41


Southland-based IT specialist providing virtual services worldwide
Posted 27-Oct-2020 15:55


NASA discovers water on sunlit surface of Moon
Posted 27-Oct-2020 08:30


Huawei introduces new features to Petal Search, Maps and Docs
Posted 26-Oct-2020 18:05


Nokia selected by NASA to build first ever cellular network on the Moon
Posted 21-Oct-2020 08:34


Nanoleaf enhances lighting line with launch of Triangles and Mini Triangles
Posted 17-Oct-2020 20:18


Synology unveils DS16211+
Posted 17-Oct-2020 20:12


Ingram Micro introduces FootfallCam to New Zealand channel
Posted 17-Oct-2020 20:06


Dropbox adopts Virtual First working policy
Posted 17-Oct-2020 19:47


OPPO announces Reno4 Series 5G line-up in NZ
Posted 16-Oct-2020 08:52


Microsoft Highway to a Hundred expands to Asia Pacific
Posted 14-Oct-2020 09:34


Spark turns on 5G in Auckland
Posted 14-Oct-2020 09:29


AMD Launches AMD Ryzen 5000 Series Desktop Processors
Posted 9-Oct-2020 10:13


Teletrac Navman launches integrated multi-camera solution for transport and logistics industry
Posted 8-Oct-2020 10:57


Farmside hits 10,000 RBI customers
Posted 7-Oct-2020 15:32









Geekzone Live »

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


Support Geekzone »

Our community of supporters help make Geekzone possible. Click the button below to join them.

Support Geezone on PressPatron



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.