Dick Smith Foods out of business just announced in the news, discuss…
Dick Smith Foods out of Business
onetwothreefour on 26/07/2018 - 12:07
Last edited 26/07/2018 - 12:18 by 1 other user
Last edited 26/07/2018 - 12:18 by 1 other user
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That makes less sense. If they're being grown as a rotation crop to fix nitrogen into the soil and not primarily for profit, then:
Why does it matter whether they can sell them or not, and
Why can't they be sold for much cheaper and more price competitively?
@HighAndDry: I don't know anything about peanuts or farming, but the answer to #2 could be "it's too expensive to harvest them for sale, simply destroying the crop is more cost effective".
@abb: I mean, in certain cases yeah that'd be true. But then they (or Dick Smith on their behalf) doesn't get to complain about foreign peanuts stealing their business.
@HighAndDry: lol 1. You grow them to sell for profit, watering planting harvesting transport ect all cost much more here then over seas. You obviously have no clue what your trying to argue, peanuts grow in the roots under the soil not on the bush. When harvesting they turn the soil so the bush is now under the soil and the nuts/soil can dry before the thrasher is put through to seperate the nuts from the soil.
You do not get 100% of the nuts, the left over nuts decompose, the bush decomposes. That is where the nitrogen comes from lol… Its still a commercial crop, no1 would grow it to turn it back into the soil…
@Seedy seed: Well then if it's not profitable, maybe don't grow them as a rotation crop, and grow something more profitable.
@HighAndDry This is the problem. Many consumers just see a jar of peanut butter and pick the cheapest. Without knowing how or where those peanuts were grown and what the conditions were for the workers who helped farm and process them. Where the profits go and whether those funds will return to their local economy rather than being spent overseas.
For me personally, I choose Australian peanut butter as I think it tastes better. However with most shelves only stocking cheap imports, eventually Australian consumers won’t know any better. They’ll just buy he inferior cheap import because they’ve never had any better.
Pics is made in NZ but uses Australian nuts. Mayvers is made in Australia but uses about 50% Australian nuts. Both taste much better than any other brand IMHO.
Especially at half price :D
Well you gotta blame somebody else for your own failure right?
Perhaps we should blame Pauline Hanson for this. DS supported/funded One Nation in more ways than one.You try to say, Dick does Pauline ? :O
Perfect match. Dumb and Dumber :)
It is sad how brainwashed people are that they hate the only people that stick up for their country's future.
You do know why so much is invested in promoting anti-nationalism sentiment don't you?
It is a requirement for the few to rip off the future of the many.
@lghulm: No offender but if I'm meant to love people like Pauline to "stick up for my country" I'd rather see it burn.
@buckster: Australia should burn? WTF?
You can always leave if you don't like it.
Oh that's right you won't because it's awesome here.
Ozenuts is more expensive than Bega peanut butter (the old Kraft). Which do you think people go for when looking at the shelf at Coles/WW?
It's not just Aldi's fault.
Bega is 30% australian ingredients and Ozenuts is 98% australian ingredients?? not sure how you can compare the two brands.
Just saying in terms of popularity. Bega would be the brand of choice for many
And comparing because DS is quick to target Aldi, when other brands on the shelf undercut him, he just doesn't wanna attack the stores who stock his product
Or blaming the actual Australians whose purchasing decisions drive the entire system.
@HighAndDry:
Be the goddamn change you wanna fcuking see - Spock, Starwars - the journey to Middle Earth.
I hope everything you've bought has been Australian produced or made. Otherwise get off your high horse.
Yeah man. All those made in Australia Hisense TVs and made in Australia Xiaomi products!
@Munki: i made the joke to my grandparents yesterday "wow an asian food market with malasian philipino ect ect (was like 20 flags then an aussy one) i thought it would take another 10-15 years for australia to become an asian country" rofl my 80yo grandma was like nah thats now.
Every Dick Smith Food item i have ever bought tastes terrible, maybe that had something to do with it.
Dick's nuts are a fundamental seasoning in Dick Smith OzE nuts
Should have called it Dick and Nuts.
No more Dick's food?
Yeah, we always by Dickymite and Dickysauce since vegemite became crap and colesworth stopped stocking our other brand of sauce to make way for even more homebrand crap.
Yep no more eating Dicks. lol
That is the problem with some Australian things, dick smith foods, aussie cars, even aussie movies, their quality or taste is terrible compared to the alternatives. If the only thing they have going for them is that they are Australian it will never end well.
Most people don’t buy based on quality, but price alone.
Plus the Dick Mite had 13.9% more grams of sugar than the original Vegemite.
@Mikeroberrsn
What you say is utter BS. Australian foods are world class.
As for cars and movies - there’s no and little investment there.
Can you still buy Dick Smith matches?
Dïckheads? I haven't seen them around in ages.
Seen plenty around here
What about all the consumers who purchase peanut butter, jams etc at woolworths/Coles and don't buy his brand? What's it got to do with aldi?
It's propaganda.
never heard of dick smith foods :S
https://en.wikipedia.org/wiki/(profanity)_(brand)
:)
You didn't miss much
Dick Smith is nuts
I honestly had never heard of dick Smith foods before this so I am not surprised or I don't care that they are closing down.
It’s so easy when he is the only one making them when everyone is hungry……..
Cant say I've eaten or even seen branded dick smith products through either coles or woolies lol
saying Aldi “basically forced us out of business”.
Dick Smith dribbling lies again. It wasn't Aldi that put them out of business, it was consumers selecting the cheaper products from the shelves. He even says himself that sales numbers are crap and would normally be kicked off the shelfs.
I've tried dicks product, they hadn't been the best.
Must be due to my personal boycott after their fake tim tams were terrible and the green cordial tasted like detergent.
the green cordial tasted like detergent
Did it come in a squeezy bottle and foam a lot when you added the water? If so, I think I might know where you went wrong.
;-)
I did get his sauce and peanut butter, but not much else. He did step in quite a few times when big companies decided to get their products from overseas and stopped or at least delayed farmers/processors etc from going bust.
I don't think any of it was aldi's fault, they just came along at the same time as his business went down. unfortunately most people in oz don't care where their food comes from. Once all our farmers have gone out of business and been bought out by the chinese, we won't be able to get any australian produce anymore, it will all get exported, and we'll be forced to survive on soylent green
I've just learnt about Argentinian 'Peanut Smut' http://www.abc.net.au/news/rural/2017-05-19/peanut-smut-conc…
Is that more enjoyable and interesting than the usual smut?
I’m not complaining about Aldi, by the way. They comply with the law. I’m just amazed they can get away with their owners never talking to the media. You go to Wikipedia, there’s not even a photograph of them.
WTF?? DS doesn't realise he doesn't have to go on TV and spout off his nationalist opinions once a week?
Dick who ?
Dick Hanson !Coles and Woolworths have their own home brands, just like Aldi
I have never been disappointed in an Aldi product, can't say the same for Dick Smith
Rebranding oem manufacturered product is the same game that wall mart, costco and aldi play.
Couldn't happen to a nicer guy.
It's either on-line shopping or Aldi - never him.
He's an anachronism with way out of date business practices, and products that no-one wants.
Does that mean Australian goods are by nature inferior to foreign ones? Since even the locals won't support it.
Perhaps cheapness is the winner here, I do see Chinese and South American goods winning in the future.
Jobs moving overseas is no issue, many Australians prefer to work in Bali and Bangkok instead, so no biggie really lol
So short sighted… our economy can't survive if we iron each others shirts
"We have 14% youth unemployment and over 20% youth underemployment – that is, where our young people can’t get a proper full time career"
Not dick smith food!!
Ow wait….. Who cares,its not 2001 anymore
And i thought he was dead.
This greedy old man just needs to retire.
Just because people prefer to buy Aldi stuff and not yours doesn't mean Aldi forced you out of business….
The people have chosen Aldi, they don't want anymore dicks
Dick Smith Electronics != Dick Smith Foods..
I wouldn't say he's greedy, just not competitive with today's market so it's time to get out.
Along with his sick dicky practice. They need to go
Patriotism aside, why is should I spend twice as much for the same or similar product.
Doesn't make good financial sense.
Dick Smith and Gerry Harvey should go into business together. I already have their business name: Two Grumpy Old Men.
Dick Smith really needs to drop his ego as his business failure can be explained by the following
- Aldi - Rips off the look and feel of familiar products and sells at a cheaper price
- Dick Smith - Rips off the look and feel of familiar products and somehow feels that charging a premium is justified since it is made in Australia
Perhaps if your brand sold new innovative food products you would still be in business but just like nobody is going to pay more for a Apple iPhone knockoff the public are not stupid enough to pay more for your inferior product.
Dick(head) made his fortune selling cheap imported products (costing countless Aussie jobs).. now he wants to complain about cheap imported products. Piss off, you old coot!
Dick Smith ran all of his manufacturing through Australia until Whitlam removed all of the tariffs from imported electronics.
This placed Dick is a situation where he had 5x the labour costs of overseas (via Australian regulation) and none of the protections overseas manufacturers faced (that on top of their wage advantage had tariffs on imported manufactured goods as well, subsidised government financing etc).
At this point (facing bankruptcy) Dick was forced to offshore and import electronic goods (like all other Australian electronics manufacturers of the time, except some White goods manufacturers that lasted a little longer then faced the same). At the very least this enabled Australia to catch a PART of the value chain & profits obtainable in the industry.
How is Dick a fool, or a person who cost thousands of Australian jobs?
He is a nationalist and kept as many jobs here as he possibly could. He (like the country) was sold out by politicians that benefit from doing so.
People are just so dumbed down today they know nothing that isn't spelt out for them by the MSM which is almost always at best a half-truth.
Japan's rice import tariff is 778%. Yes, you read that right. 778%. We're lowering our rates while other countries get to keep theirs high.
But in terms of electronics the horse has bolted, died, and is now fertilizer. The time to address those concerns was in the 1960s and early 70s. China/Japan/South Korea own that market and nothing will change that.
Pretty sure at the time abolishing tariffs was not a good idea. It just cost everyone to no longer able to run business with local made goods. Such a shame.
If Dick was genuine he should have been caught with the government back then to the end to not removing tariffs on imported electronics
Bad example. Our rice and cotton are subsidised by allowing water to be stolen from those down river who can offer a much better return without destroying the river to do so…
Wow, that explains why I saw rice growing close to Tokyo. No way it would be cost-effective to grow rice in that prime real estate without that insanely high tariff.
"he … kept as many jobs here as he possibly could"… sure he did. The article states he "will put three employees out of work". The average cafe has more employees then his business had.
"He (like the country) was sold out by politicians that benefit from doing so."
Care to name some of these politicians that got rich? Because all I see is people like Dick and Gerry who actually got rich from the changes complaining about the politicians.
If his brand didn't taste awful maybe we would have purchased it. Like Gerry, always blaming someone else.
Does Gerry's furniture taste awful? Perhaps you should not eat it.
Dick Smith himself in the early days relied on cheap China electronics and ripping millions of Australians when importing was lucrative. He did this with electronic kits and get all the schools to get his textbook and electronic kits and charge heaps for them at low cost price. He knew his DSE business was bad then sold to woolworths. He also failed at his own food company which did not have sustainable future. His business model doesn't work and he goes out and blame Aldi using words on not supporting Australians when he is the one ripping of millions and millions of people in the first place.
He is absolutely not in the position to judge anyone at all.
Bloody hypocrite. He should not even talk and shut his mouth along with his shop.
He attempted to copy Vegemite and even tried to copy TimTams and even got sued for. He attempted to take away Australian iconic brands presence and failed which could have took other local jobs too. So Wtf is he on about!?
He got no place to talk nor he is supporting Australians. He is disgrace of Australia. He tried to copy iconic brands and get a piece he failed. He should not be on the news at all
Successful my arse? Plenty of overseas entrepreneurs much better than him. He is no Steve Jobs
It's disappointing to see all you Ozbargainers so quick to stick the knife in. Dick Smith and Gerry Harvey are successful Australian businessmen and while it may annoy you that you can get the same products cheaper you're not getting it dramatically cheaper at all. Each failed business impacts on Australian jobs and your livelihood.
Each failed business impacts on Australian jobs and your livelihood.
I assume you mean "negative" impact, then I disagree.
Many of these failed businesses are because their business model is outdated or poor management. For example like DSE. It failed probably because it wasn't as good as JB hifi etc. JB hifi is still an Aus business as I know.
DS food's business seems purely based on playing "made in Aus card" without adding any real value. You seem many Aus made brand they are what they because they (once) brought sth new/nice on the table. What Dick Simith food has done?
I say better off without a rubbish business. So people are motivated to skill up and make a difference rather than live for minimum wage. I think it is almost insultant to say Aus couldn't survive without tariff. You can always do what can justify your price. I know it is easy to say but it is important Aus always forcus on innovation rather than stay at where it is and wonder why people can do it for less.
For what it worth, i believe ALDI pays more than W/C for its people. also because it has less staff per shop, entry-level staff has a better chance to become a manager. this means better career path and more middle class jobs.
I think Aus need better quality business that can bring value to it not just Aus business for the sake of it.
You sir, people should read this post.
Username doesn't check out
Seriously, you do not know what's going on lol
You need to do a little more research on the benefit of efficient markets.
Australians are sick of rich whining b*stards blaming their failures on the rest of us.
Dick Smith Food failures are due to lack of innovation and price.
Gerry's failures are due to him not diversifying as soon as Howard stopped handing out baby/plasma screen bonuses. Any smart businessman would have taken the money and invested into the current rort - green energy solutions.
I used to support him, but after multiple racist comments I abandoned any Dick Smith branded product.
I'm sure Pauline will have a spot for him to run for one nation.
Can you name just one racist thing he's said?
Except she's not a white supremacist.
That sucks Dick
Sore loser
Media whore
Keep going, i was enjoying this.
Wonder if Kogan will buy the intellectual property….
Never realised people disliked him so much lol. Good Riddance I say & take Gerry Harvey with you too. Old school companies that have ripped off Australians for years, bleat when the going gets tuff and then make out they have been doing you a favour for all these years.
his jingoism wore thin a long time ago
I don't even know they exist.
Poll answer: Dicksmith had food? - Gerry Harvey 0.8
Maybe if Dick wasn't a One Nation supporter I'd feel some empathy.
Also, his excuses are full of shit. You can just pile it on Aldi as the reason just because they're the foreign company.
What about the billions of Coles and Woolies stores where his shitty products are sold? Maybe it's because his products are shitty and the prices are shitty?
I think Shitty Products for a shitty price. All things being equal I will back the Aussie brand (which incidentally Bega Cheese is) but I won't buy Australian made simply to line someone elses pockets nor will I compromise on taste/quality just because it is Australian.
I'm no fan of DS, but all profits from the foods company were donated to charity.
It is nice he gives to charity, but at the rate of $10 million over 20 years it is hardly a significant amount, the major brands donate more just for marketing purposes.
They grow them as a rotation crop, they put alot of nitrogen into the ground. Your showing you lack of understanding.