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Snowtown to beat DFO by default?

By bd84 - 18 August 2010 60

[First filed: Aug 17, 2010 @ 9:24]

DFO

The smh brings us word that the DFO empire is on the brink of collapsing in debt which could also mean the end of the half empty Fyshwick site.

Banks are likely to appoint receivers Korda Mentha as early as today to South Wharf Retail, which owns South Wharf DFO in Melbourne.

The collapse threatens to drag down seven other DFO stores, including the Homebush store, and a developer, Austexx. The stores and Austexx have guaranteed SouthWharf Retail’s debts.

Mr Snow must be rubbing his hands together with glee in his airport headquarters at the possibility of his Brand Depot winning by default.

What’s Your opinion?


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Snowtown to beat DFO by default?
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sepi 9:48 pm 30 Aug 10

those parking fees, and taxi fees are great for the welfare of the community.

WonderfulWorld 9:05 pm 30 Aug 10

The Snows have done what they think is the best for Canberra. You can’t please everybody. I’m not saying I’m an advocate of all decisions, but this is an informed person looking out for the welfare of a community as best one can. I’ve not seen inappropriate behaviour, and one can not please all.

WonderfulWorld 8:57 pm 30 Aug 10

Gungahlin Al said :

Would take a LOT more that this to turn a corner for Bland Depot. Even Defence moving 1500 people into the empty buildings won’t really change things.

Defence moving in to which buildings exactly?

Dacquiri 11:09 pm 29 Aug 10

I’ve got a close relative who works for Westfield, so I’ll see what I can find out about whether IKEA is going to open in Belconnen. I’m not holding my breath tho — I think we would have heard something by now…

rb 8:42 pm 20 Aug 10

ladyesprit said :

GOOD! I would like to see DFO shutdown. It is horrible. I’ve experienced fire alarms twice and fire wardens let us out of the building. I was separated with my 2 young kids. Not very family-friendly building….

So if you happen to be in Westfield Woden on 2 occasions & for you & your childrens safety have to evacuate, would you want it to be shut down as well..??
It is not the wardens fault that you can’t look after your kids during an evacuation

Golden-Alpine 8:06 am 19 Aug 10

I have the answer, a win win for everyone.
Terry Snow buys up DFO Canberra for a bargain price, moves all the retailers from Brand Depot into DFO thus filling up some of the vacant spots. Ikea then move into Brand Depot.
Win Win.

indigoid 1:00 am 19 Aug 10

I’m planning an Ikea bookshelf system for my apartment using the STOLMEN poles+brackets and some custom metal bits[1] to support shelves. Cheapo 1×6 pine shelves from Bunnings. STOLMEN is convenient because it allows you to trivially use the entire wall height. Ikea BILLY can be quite tall if you add the extension unit, but my ceiling is about 5cm too low for it 🙁 STOLMEN also allows placement of shelves at exactly the right spacings, ie. fit more books in, and have shelving that fits perfectly around windows. Handy when (like me) you have eleventy billion thousand identically-sized paperbacks[2] and a room with weirdly-placed/sized windows.

I plan on using EMS[3] for the custom bits once I’ve hand-built a prototype. Accordingly, if anyone else is interested I could just order more and save a small amount of cash. The last pricing I obtained was about 1.10 AUD per unit in 6061T6 aluminium, with two units required per shelf. I will likely order at least 100 units for my own purposes, to support 30+ shelf-metres.

Would love to chat with an engineer about this before final implementation as I do have a question or two. Will supply ale, paper and sketching implements. Ping me at indigoid at gmail dot com if interested.

[1] To securely support the shelves on the Stolmen brackets. The Ikea STOLMEN shelves have this already included but at 40 AUD per shelf it is rather more than I am willing to pay. Also the Ikea shelves only come in one size that I can find. Better and far, far cheaper to make your own

[2] No, they are NOT Mills&Boon!

[3] http://www.emachineshop.com/

Felix the Cat 9:58 pm 18 Aug 10

What is the fascination with IKEA anyway? Is it cheaper/better value for money than other furniture? When I buy *stuff* from a shop I want to use it straight away, not spend hours trying to put it together first.

ladyesprit 9:39 pm 18 Aug 10

GOOD! I would like to see DFO shutdown. It is horrible. I’ve experienced fire alarms twice and fire wardens let us out of the building. I was separated with my 2 young kids. Not very family-friendly building….

Grrrr 7:27 pm 18 Aug 10

Pandy said :

IKEA Adelaide: population 1.3million

I heard 1 million was the minumum population requirement for a store. Regardless, we’re still a long way off, even if our disposable income is double the other capital cities.

I swear my next car will be a van large enough to fit any Ikea purchase.

keepitup 7:25 pm 18 Aug 10

The cat did it said :

Numbers of ACT residents see this as a case of the public losing out badly on the disposal of a major public asset (not to mention being inflicted with an architectural blight on the landscape), and are unlikely to shed tears on Mr Snow’s behalf should he encounter financial difficulties.

A significant number of ACT charities would shed tears. He’s a generous benefactor to many.

Pandy 7:23 pm 18 Aug 10

Justin @42. Thanks for giving me a belly larf!

BrassRazoo 5:12 pm 18 Aug 10

The Snowtown vault?

If we can’t have a fully blown IKEA then perhaps they can just give us the bookshelf department. Given high average incomes and the best educated population in the land you’d think there would be quite a market here for decent bookshelves (something between the crap at the low end with shelves that sag and the high cost bespoke units).

Captain RAAF 4:14 pm 18 Aug 10

Eyeball In A Quart Jar Of Snot said :

Russ said :

With regard to Ikea, the rumour I’ve heard is that they require a catchment of 3 million people to establish a store.

We could be waiting a while…

I believe that the number is 2 million and applies to American cities.

I doubt Canberra will see an Ikea any time soon because of its small size and the Sydney store only 3 hours drive away.

Surely they should base such a decision on net disposable income? If that was the case, Canberra could probably sustain one.

ebony57 2:15 pm 18 Aug 10

Re Snowtown et al, DFO were way ahead of the brandypot, but Snowown Inc held them up with pointless legalese, which was overturned and DFO were allowed to proceed (albeit with many of the original retailers pulling out due to the delays). In the meantime, the brandypot opened and has malingered ever since. I believe that they had hoped that by holding up DFO, they would pick up the retailers that had put their hands up for the DFO.

There’s also sizable discomfort with Snowtown’s disrespect for the Pialligo precinct, what with building right up to the roadside so that it could only be Pialligo that lost out when any actual planning for expansion near the airport was undertaken.

So I guess lots of disquiet over many years at the inconvenience of everyone but Snowtown Inc.

Katietonia 1:55 pm 18 Aug 10

Damn…. I’d just gotten used to be able to stroll over to JB Hifi from my house.

Eyeball In A Quart Jar Of Snot 1:14 pm 18 Aug 10

Pandy said :

IKEA Adelaide: population 1.3million

And?

The numbers mentioned above do not apply to Australia but there is still a minimum population requirement needed for Ikea to set up shop.

Obviously this number differs between countries.

Canberra is too small, and too close to Sydney for those Swedes to start thinking about y’all.

The cat did it 12:47 pm 18 Aug 10

deejay- the divided opinions regarding Mr Snow relate to the selling -off of public airport facilities by the Howard Government in the late 1990s. As Commonwealth land, these sites were not subject to state and council land planning laws, ie developers wanting to build on the airport site could pretty much avoid having to go through local and state approval processes. This made them very attractive development propositions, as well as handing over the opportunity for private exploitation of public monopolies- like airport parking and user fees for aircraft. This was ideologically driven by Liberal Ministers Peter Reith and John Fahey. Public monopolies may have issues from an economic efficiency viewpoint, but private monopolies are far worse- and that’s what the Howard Government gave us.

Normally (as I recall), a developer wanting to build office accommodation in the ACT would have had to go through ACT Government approvals, which would have required compliance with Territory Plans etc, meaning that the offices would have been built near town centres, ie, where the people, transport routes and other facilities are. Instead, we now have a sizable chunk of the ACT’s office accommodation that is very inefficiently located.

Numbers of ACT residents see this as a case of the public losing out badly on the disposal of a major public asset (not to mention being inflicted with an architectural blight on the landscape), and are unlikely to shed tears on Mr Snow’s behalf should he encounter financial difficulties.

justin heywood 10:44 am 18 Aug 10

Tooks said :

Pandy said :

IKEA Adelaide: population 1.3million

How do they fit so many in one store?

Flatpacks

Tooks 10:32 am 18 Aug 10

Pandy said :

IKEA Adelaide: population 1.3million

How do they fit so many in one store?

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