on 10-02-2013 01:05 PM
on 10-02-2013 06:53 PM
buy not by
on 10-02-2013 06:57 PM
I'm with Twinks on this one - I bet there are plenty of 72 year olds who haven't managed to amass .9 billion dollars....
Whatever he's doing, it's working...
on 10-02-2013 07:35 PM
Yes, my daughter bought a laptop from HN 4.5years ago ( 2yrs manuf warranty and 3 yrs extended warranty)..I bought a wash mach there 3+ years ago. I would never bother buying there again... got my new fav online place now.. better prices, better service, big brand names.
on 10-02-2013 07:41 PM
I'm with Twinks on this one - I bet there are plenty of 72 year olds who haven't managed to amass .9 billion dollars....
Whatever he's doing, it's working...
Whatever he did in the past, worked. The stores aren't doing well now.
It is alright for Gerry he can retire with his $$b's
Franchisees and staff may not have much of a future.
Nov 2012
EMBATTLED retailer Harvey Norman's profit has plummeted by more than 20 per cent as the retailer chalks up its fifth straight quarter of falling sales.
The electronics and furniture chain today said profit for the three months to September fell to $50.1 million, down from $62.8 million a year earlier.
on 10-02-2013 07:58 PM
sheesh - only $50 million in profit, eh?
lucky he's got his 1000 odd horses and property interests to give him some spending money...
.9 billion dollars - I wonder how much that figure generates in interest...
on 10-02-2013 08:30 PM
He's a very clever man....see how everyone is talking about him now;-)
As for greedy....not IMO. He gave very generously when asked for a donation to help a terminally ill friend.
No, I don't believe he did. I do believe one of his store managers did but not Gerry.
on 10-02-2013 08:34 PM
sheesh - only $50 million in profit, eh?
lucky he's got his 1000 odd horses and property interests to give him some spending money...
.9 billion dollars - I wonder how much that figure generates in interest...
Do you measure everyone's worth by how much money they've accumulated?
I don't. I prefer people who can value everyone regardless of their monetary value.
What would our charities do if, like Gerry, everyone considered donating a waste of money?
on 10-02-2013 09:30 PM
No, I don't believe he did. I do believe one of his store managers did but not Gerry.
You believe wrong 🙂 My request was emailed to his head office, a lovely lady rang me and expressed that he would like to donate. They had been very touched by my friends fight with cancer.
on 11-02-2013 08:55 AM
Do you measure everyone's worth by how much money they've accumulated?
I don't. I prefer people who can value everyone regardless of their monetary value.
What would our charities do if, like Gerry, everyone considered donating a waste of money?
I was bouncing off the comment made by Twinks about him being a clever business man. I know nothing about his personal values etc - but very few business people manage to build a business empire at all - far less one of that magnitude.
I also admire business men such as Gary Merchant, Bill Gates, Richard Branson and Brett Pointon. - Built empires from scratch - with nothing but a decent business brain, ambition and an ability to seek out opportunities and make the most of them to get them started. No family money or name to trade on.
Very few people have what it takes to reach the heights in business that these men have - it takes the 4 D's - Dream, Dedication, Determination and Drive - and the ability to keep getting up and having another go when things don't go so well.\
Brett Pointon started out as the man who changed lightbulbs in holiday apartments - you know - the on call handyman kinda thing.
And Gary Merchant started out cutting out patterns for board shorts on his mother's dining room table and giving away his clothes to his water polo team to get exposure...
on 11-02-2013 01:34 PM
What would our charities do if, like Gerry, everyone considered donating a waste of money?
How do we know if he donates or not, a lot of wealthy
people prefer to do it without publicity.
And Crikey you make some very good points imo.
but very few business people manage to build a business empire at all - far less one of that magnitude. I don't see anything greedy or wrong about someone striving for
wealth and power, and getting it. Though in HN's case he does whinge too much, and
needs to get with the times.
Anyway like am*3 I've found a terrific online electricals store (initials AO) where I'll be
buying in future, I just got a fridge from there and the service was terrific. It was also
cheaper than in the B & M stores (the same brand) including HN. I never thought I'd buy such a thing as a
fridge online but now I've done it I'd do it again.