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Concession closures show David Jones is happy to lose Dick Smith

The closure of the Dick Smith concessions in David Jones may signal the end of audio visual retailing at the upmarket department store chain.

The receivers of Dick Smith Holdings, Ferrier Hodgson shut down the 27 concessions in David Jones stores on Friday amid speculation over whether the department store’s South African owner Woolworths Holdings will redeploy the concession real estate in its stores.

Woolworths would not say what its plans were for the space except to say it would "consider its options in relation to audio visual as part of its regular review of the category mix and the broader electrical and appliance offering". The Dick Smith-branded concessions have traded out of David Jones since late 2013, selling audio visual equipment, including blockbuster brands such as Apple.