dStore

dstore Australia Pty Ltd
Type of business Public (Unlisted) Company
Type of site
 e-commerce
Available in English
Founded 1999
Headquarters Fortitude Valley, Queensland, Australia
Key people Andrew Cooper, CEO
Industry Retail
Products dstore.com.au
Slogan(s) "your online department store"
Website dstore.com.au
Launched 1999

dstore was an Australian-based online retailer. It offered a range of goods across a number of sectors.

History

Dstore went into liquidation for the second time in September 2015.

The original dstore was established in January 1999 and was originally backed by some of the biggest names in Australian business[1] including the founder of LookSmart, Evan Thornley, and Kerry Packer's ninemsn. It was sold for an undisclosed sum to the Harris Scarfe group in November 2000.[2] In April 2001, Harris Scarfe was placed in receivership and dstore was offered for sale by receivers and managers, Ferrier Hodgson.

HotShed Retail acquired dstore on 10 September 2001. HotShed Retail paid a reported $615,000 for dstore and immediately re-launched it using HotShed’s technology platform. A break-even result was reported in the 2001 Christmas quarter.[1] HotShed's directors at the time were Brisbane based brothers Andrew & Tim Cooper. Tim Cooper subsequently left the business.

As of September 2015 Dstore.com.au, then under the sole directorship of Andrew Cooper, was shutdown with liquidation headed by Vincent's Chartered Accountants. Many customer orders from May 2015 onward were left unfulfilled and thousands of dollars worth of gift vouchers became invalid (due to unsecured creditor status)<http://www.productreview.com.au/p/dstore-com-au.html >.

Locations

dstore operated from Birkdale, Brisbane but publicly stated that it had 'fulfilment centres' located in capital cities around Australia as well as in the United States and Hong Kong.

Product & Services

After being acquired by HotShed Retail, dstore initially sold VHS Movies, CDs and console games. They then expanded into gifts, DVDs, fragrances, cosmetics, homewares, toys, computers, electronics, books etc.

References

  1. 1 2 "Dstore confirms first profit". Archived from the original on 16 April 2008. Retrieved 2008-05-22.
  2. ↑ "HotShed eyes dstore". Archived from the original on 7 December 2008. Retrieved 2008-05-22.

External links

This article is issued from Wikipedia - version of the 12/4/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.