Dick Smith Foods

Dick Smith Foods was a food brand created by Australian entrepreneur Dick Smith to provide Australian owned and produced alternatives to products from foreign-owned food companies.[1] Generally, the brand focused on producing local alternatives to products with large market shares like Kraft peanut butter and Vegemite. However, Dick Smith Foods did not manufacture its own food products; instead, it sourced products from other Australian-owned companies, which licensed the Dick Smith Foods brand label. Dick Smith Foods also donated a portion of its profits to charitable causes.[2]

On 26 July 2018, Dick Smith announced that the business would close in 2019, blaming competition from German supermarket Aldi.[3]

  1. ^ "Dick sticks with peanut butter", Herald Sun, p. 41, 27 July 2001
  2. ^ Pedersen, Daniel (15 June 2018). "Dick Smith's million-dollar gift for the Country Women's Association". The Courier-Mail. Retrieved 27 July 2018., a $1 million donation
  3. ^ Cite error: The named reference SMH-NoM was invoked but never defined (see the help page).