WOW Sight & Sound

WOW Sight and Sound was an Australian audio visual retailer, prior to the appointment of receivers and subsequently entering liquidation in 2012.[1]

WOW Sight & Sound
TypePrivate
IndustryOnline Retail
FateLiquidation (retail stores)
Founded2003, 2012 (online-only)
Defunct2012 (stores), 2020
Headquarters
Gold Coast, Queensland
,
Australia
ProductsConsumer electronics, Video Games, Movies
Revenue $257,000,000
ParentWOW Superstores Pty Ltd
Websitewww.wowsightandsound.com.au
WOW Sight & Sound, Albury Store (Lavington, NSW).

WOW Sight and Sound used to operate 15 stores across Australia, and began with a single store in Townsville in 2003.[2] 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, video game consoles, video games 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. All bricks and mortar stores were closed. The company experienced a 7.7% decline in revenue in 2011 and was owed $20 m by the failed property development investment company, Aristicon.[1]

As of July 2012, WOW became an online-only retailer after the name WOW Sight and Sound was purchased from the administrators by an entity not related to the original company or owners Sam Savvas and Sotiris Sotiris.

As of July 2014, WOW Sight & Sound name was re-launched as an online store by the new owner of the name. The store now consists of three websites offering customers a single checkout across all 3 stores.[3]

The new company apparently has ceased operations in May 2019 [4]

References
  1. "500 jobs in peril as retailer ceases to WOW". Brisbane Times. Fairfax Media. 27 February 2012. Retrieved 27 February 2012.
  2. "About WOW Sight & Sound". WOW Sight & Sound Superstores. Retrieved 27 February 2012.
  3. www.wowsightandsound.com.au
    www.wowgaming.com.au
    www.wowmovies.com.au
  4. abr.business.gov.au/AbnHistory/View/63152625977


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