Published: 21 June 2005
Eastern Hi Fi Group Ltd’s retail subsidiary, Eastern Hi Fi Ltd, has taken the group’s stores to 10 after buying the trading assets of Absolute Audio & Vision (Wgtn) Ltd, an outlet in Dixon St, Wellington.It will continue to trade under the Absolute name but use the Eastern Hi Fi management & marketing systems.The vendor has the right to buy the business back in 3 years, on condition that it continues to operate as a non-branded Eastern Hi Fi franchise store.
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