Retailer Dick Smith goes into trading halt

January 4, 2016 12:35

Embattled electronics retailer Dick Smith Holdings has gone into a trading halt ahead of an announcement by the company.

The retailer requested the trading halt this morning “pending the release of an announcement by the company” with trading not expected to resume until Wednesday, January 6.

Dick Smith surprised the market in October and November when it launched pre-Christmas clearances offering up to 80 per cent off some products as it worked to move surplus stock.

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Simon Canning

Simon Canning was Mumbrella's marketing and advertising editor from 2015-2017. In a career spanning journalism and communications over more than 30 years Simon has become one of Australia’s most respected analysts and commentators on the advertising, marketing and media industries. A regular commentator on radio and TV, Simon has also worked in media in the US and UK .

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