dStore

From Wikipedia, the free encyclopedia

dstore Australia Pty Ltd
Type of businessPublic (Unlisted) Company
Type of site
e-commerce
Available inEnglish
Founded1999
Headquarters
Fortitude Valley, Queensland
,
Australia
Key peopleAndrew Cooper, CEO
IndustryRetail
URLdstore.com.au
Launched1999
Current statusDefunct (2015)

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

History[]

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.[3]

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 shut down 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).[4]

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 and 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. ^ a b "Dstore confirms first profit". Archived from the original on 16 April 2008. Retrieved 22 May 2008.
  2. ^ "HotShed eyes dstore". Archived from the original on 7 December 2008. Retrieved 22 May 2008.
  3. ^ "dStore rebounds after sale". www.arnnet.com.au. 25 January 2002. Retrieved 28 November 2021.{{cite web}}: CS1 maint: url-status (link)
  4. ^ "productreview.com.au". Retrieved 28 August 2020.

External links[]

Retrieved from ""