Retail & consumer
Dick Smith, Harris Scarfe and the shops that couldn’t be saved.
2 pages in this section
- ArticleDick Smith Electronics: how a private-equity float became one of retail's most scrutinised collapses
The 2016 receivership of Dick Smith Electronics left creditors short and raised hard questions about inventory accounting and the mechanics of its 2013 float.
- ArticleHarris Scarfe: the accounting scandal that brought down a 150-year-old retailer
Harris Scarfe traded through two world wars and the Depression before collapsing in 2001. The accounting fraud that accelerated its end took years of litigation to untangle.