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Harvey Norman is an Australian multinational retailer of furniture, bedding, computers, communications and consumer electrical products. It mainly operates as a franchise, [2] with the main brand and all company-operated stores owned by ASX-listed Harvey Norman Holdings Limited. [2]
Nik Papa was appointed General Manager in July 2010. Papa had previously been a Harvey Norman franchisee. [4]On 11 August 2011, Harvey Norman Executive Chairman Gerry Harvey announced that the Clive Peeters brand was "stuffed" and tainted beyond repair, admitting that it was a bad business decision for Harvey Norman to take over Clive Peeters in the first place.
JB Hi-Fi was established in the Melbourne suburb of Keilor East by John Barbuto in 1974, selling music and specialist hi-fi equipment. [3] Barbuto sold the business in 1983 to Richard Bouris, David Rodd and Peter Caserta, who expanded JB Hi-Fi into a chain of ten stores in Melbourne and Sydney turning over $150 million by 2000, when they sold the majority of their holding to private equity.
Harvey Norman - furniture, housewares, electronics; Australia, New Zealand, Singapore, Malaysia, Ireland, United Kingdom (Northern Ireland), Slovenia and Croatia Hipercor - hypermarkets; Spain The Home Depot - hardware
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