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Harvey Norman is the flagship brand of Harvey Norman Holdings. Harvey Norman is mainly a household goods retailer – with items being sold in their stores including major appliances, small appliances, information technology (such as computers, printers and mobile phones), furniture, bedding, hardware (bathrooms) and flooring among other things ...
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In 2003, Delhaize Group acquired the then 43-store strong Harveys chain for $26.1 million. After the acquisition, Harveys and sister chain Food Lion engaged in a number of synergies: over a dozen Food Lion stores were converted to Harveys; Procurement, supply chain, and back office functions were handled by Food Lion; and while Harveys management was still headquartered in Nashville, Georgia ...
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The first Harvey Norman store opened in a shopping centre in Auburn, in 1982, the same year as the sale. [3] Forbes, had estimated in 2001, that he was 37th richest person in Australia. By 2014, Ian Norman, who remained an executive, held 175 million shares of Harvey Norman, a 16.5% stake worth an estimated $560 million.
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