Menu
Radiola shuts Auckland Samsung brand store

Radiola shuts Auckland Samsung brand store

Radiola Corporation is closing its Samsung brand store in Auckland's Newmarket, with immediate effect.

In a statement to customers and business partners, Radiola says it has reviewed key expenditure as a result of global economic trends. "While the Brand Store has created a first class window to display the full range of Samsung products available in the New Zealand market, its reach is to approximately 2-5 percent of the available market, and we consider the marketing resources committed to the Brand Store could be better used to support our retail partners."

In the announcement, Radiola says it's also migrating its finance, administration and information technology, as well as call centre functions, to Auckland.

It says the lease on its Porirua facility has expired, providing the opportunity to consolidate.

The migration of all functions - except the product management team - to the Albany office is intended to be completed by 31 May.


Follow Us

Join the newsletter!

Or
Error: Please check your email address.

Tags samsungradiola

Featured

Slideshows

Bumper channel crowd kicks off first After Hours of 2018

Bumper channel crowd kicks off first After Hours of 2018

After Hours made a welcome return to the channel social calendar with a bumper crowd of partners, distributors and vendors descending on The Jefferson in Auckland to kick-start 2018. Photos by Gino Demeer.

Bumper channel crowd kicks off first After Hours of 2018
Looking back at the top 15 M&A deals in NZ during 2017

Looking back at the top 15 M&A deals in NZ during 2017

In 2017, merger and acquisitions fever reached new heights in New Zealand, with a host of big name deals dominating the headlines. Reseller News recaps the most important transactions of the Kiwi channel during the past 12 months.

Looking back at the top 15 M&A deals in NZ during 2017
Kiwi channel closes 2017 with After Hours

Kiwi channel closes 2017 with After Hours

The channel in New Zealand came together to celebrate the close of 2017, as the final After Hours played out in front of a bumper Auckland crowd.

Kiwi channel closes 2017 with After Hours
Show Comments