Embattled electronics vendor Dick Smith is set to close all department store concessions.
David Jones Electronics Powered by Dick Smith concession stores will shutter nationwide.
Receivers to Dick Smith Holdings have been undertaking an ongoing review of the operations of the Group.
As a result of this review, the receivers have determined that they will no longer continue to operate within David Jones stores.
The relationship between Dick Smith and David Jones will come to an end effective from close of business today.
The terms of the termination having been mutually agreed between the parties.
The closure of the 27 concessions means that the employment of 181 employees will be affected.
This includes two full-time employees, 78 part-time employees and 101 casual employees.
Dick Smith is working to identify opportunities for future employment for as many of the affected staff as possible through the Dick Smith network.
The Receivers advised that the closure of the concessions is a necessary step in the restructuring to assist in ensuring the commercial viability of the Dick Smith Group businesses.
Dick Smith Holdings was placed in receivership earlier this month, appointing Ferrier Hodgson as voluntary administrators on January 5.
