The iconic Dick Smith electronics brand will be consigned to history by the end of April after receivers for the failed chain announced its schedule of store closures.

Ferrier Hodgson will pull down the shutters for the final time on 35 Australian stores by April 16 with the outstanding 266 outlets shut by May along with the 62 New Zealand stores.

Staff from the first 35 stores will be served with redundancy notices or moved to other stores, where possible.

Despite outlining its schedule of store closures, Ferrier Hodgson said employees would be given their notice of termination only when the "exact date of their store closure is known."

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Dick Smith employs close to 3000 staff in Australia and New Zealand, who have been left in limbo by the receiver's refusal to reveal the exact closure dates for each individual store.

If staff leave before they receive their redundancy notice they forfeit their right to a redundancy payment, making it difficult for many workers to make concrete plans and find new jobs.

Some Dick Smith staff expressed their anger by posting signs in store saying they didn't know when the business was closing and others asking customers for leads on new jobs.

Ferrier Hodgson dashed the hopes of Dick Smith's large workforce in late February, after failing to negotiate a sale for the business despite significant interest in the operation.

Online entrepreneur Ruslan Kogan bought the Dick Smith online business earlier this month and he's confident it will boost his sales by as much as 40 per cent as he prepares to list his 10-year-old retail business.

The collapse of Dick Smith after its sensational, A$520 million (NZ$575 million) stock market listing in 2013 along with the receivers' decision not to honour gift cards after taking control very early in the new year has led to a Senate inquiry into the collapse of listed retailers.

Spearheaded by Australian Independent Senator Nick Xenophon, a number of submissions have already been made public, including a legal analysis of gift cards, which concluded shoppers would have to pay to protect store vouchers from business failures.

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