WOW Sight & Sound
Private | |
Industry | Retail |
Fate | Liquidation in 2012 |
Founded | 2003 (stores), 2012 (online-only) |
Headquarters | Gold Coast, Queensland, Australia |
Products | Consumer electronics, Video Games, Movies |
Revenue | $257,000,000 |
Parent | WOW Superstores Pty Ltd |
Website | www.WOWSightandSound.com.au |
WOW Sight & Sound is an Australian online retailer.
WOW Sight and Sound used to operate 15 stores across Australia, and began with a single store in Brisbane in 2003.[1] They operated stores in Queensland, New South Wales, Victoria, Australian Capital Territory and the Northern Territory.
The stores sold a wide range of electronic equipment including televisions and set-top boxes, portable media players, mobile phones, car audio, navigations systems and CB radios, accessories. A range of consumer electronics products were sold under the "Vue and Nashi" house brand. WOW Sight & Sound at one point was also a Ticketek reseller.
They also sold a range of DVDs and music cds. In 2008, WOW launched their online store where most products sold at storefront were available to be purchased online.
In February 2012, the company was placed in liquidation. The company experienced a 7.7% decline in revenue in 2011 and was owed $20 m by the failed property development investment company, Aristicon.[2]
As of July 2012, WOW has become an online-only retailer, closing all of its brick and mortar stores.
As of July 2014, WOW Sight & Sound re-launched their online store. The store now consists of WOWSightandSound.com.au, WOWGaming.com.au and WOWMovies.com.au offering customers a single checkout across all 3 stores.
References
- ↑ "About WOW Sight & Sound". WOW Sight & Sound Superstores. Retrieved 27 February 2012.
- ↑ "500 jobs in peril as retailer ceases to WOW". Brisbane Times (Fairfax Media). 27 February 2012. Retrieved 27 February 2012.