All Currys articles – Page 5
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Opinion
‘As cost of living climbs, value-for-money battle will make or break retail success’
With consumers across the board feeling the pinch of rising prices, retailers should remember that value for money need not mean cheap, writes George MacDonald
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Be Inspired
M&S, Kingfisher and Lidl back major retail I&D programme
Fifteen major retailers and brands have joined forces with Be Inspired, Retail Week’s six-year-old diversity initiative to promote inclusivity across the industry in 2022 and beyond.
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Analysis
How Currys’ Baldock is preparing to navigate another year of supply chain challenges
Electricals market leader Currys is preparing for another year of supply chain difficulties following a peak period hit by disruption and shortages.
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News
Currys golden quarter sales slip in ‘softer’ electricals market
Currys has nudged down its profit guidance after suffering a decline in sales during the crucial Black Friday and Christmas trading period.
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Analysis
Who will be the retail winners and losers of 2022?
Which retailers will fly and flop in the year to come? We asked retail experts to share their tips for 2022.
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News
Currys boss Baldock: No justification for more Covid trading restrictions on retail
Currys chief executive Alex Baldock believes there are almost no circumstances in which further trading restrictions should be imposed on retailers as the latest Covid variant takes hold.
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News
Currys profits rise despite supply chain disruption
Currys has reported an uplift in profits during its first half and insisted it will “ride out” ongoing supply chain challenges and “bumpy demand” heading into 2022.
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Opinion
‘Retailers are encouraging Christmas shoppers back in store with excitement and theatre’
Currys, Kingfisher and Primark are just three of the retailers demonstrating the importance of the store to boosting customer engagement this golden quarter, writes Fran Minogue.
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Opinion
‘Currys’ strangers to friends strategy looks like a recipe for success’
Data has long been mooted as the key to customer loyalty, but Currys intends a personal and personalised strategy to set it apart from its competitors.
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Opinion
Alex Baldock: ‘Pasting on branding over nothing underneath just breeds cynicism’
“Baldock! Branding’s just flower-arranging, right?” The man firing this at me – years ago – was a Harvard professor of marketing, so I suspected a trick question. But it set me thinking.
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News
Currys ‘goes big’ on Black Friday and unveils on-demand delivery service
Currys will “go big” on Black Friday this year and is to launch an on-demand delivery service later this month.
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Analysis
Retail 2022: 59 CEOs reveal strategy for the year ahead
Leaders from Gymshark, Currys, Pets at Home, Levi’s and Beauty Pie are among 59 chief executives that have spoken to Retail Week in-depth about their 2022 strategy as part of a major new report
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Analysis
‘I want it and I want it now’: How Dixons and Screwfix are serving impatient shoppers
As rapid delivery services multiply across grocery, Retail Week explores how Dixons Carphone and Screwfix are joining the race to bring laptops and power tools to customers in half an hour or less.
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News
Dixons Carphone rebrands all UK businesses as Currys
Dixons Carphone has brought its four businesses together to become Currys.
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Retail Navigator Analysis
Currys (Financials)
Currys reported a pre-tax loss of £450m in FY2022, compared to a profit of £126m in FY2021. This loss was primarily driven by a non-cash goodwill impairment of -£511m resulting from the Dixons Carphone merger in 2014.
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Retail Navigator Analysis
Currys (Overview)
Currys was formed in 2014 – originally as Dixons Carphone – following the merger of Dixons Retail and Carphone Warehouse Group, which developed an outlook to capitalise on the increasingly connected world. The retail group began to rebrand solely as Currys in May 2021, which will also see it launch a new “cloud-based” website featuring deep personalisation and a focus on product content.
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Retail Navigator Analysis
Currys (Strategy)
CEO Alex Baldock’s strategy to reboot Currys is aimed at realising benefits from the Dixons and Carphone Warehouse merger to create a unified business, based on four main pillars: growing online, overhauling the mobile category, extending credit, and enhancing the customer experience.
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Retail Voice
Watch: Currys PC World shares in-store CX secrets for the new retail era
One month since non-essential retail reopened in England, Currys PC World and its technology-led marketing partner Team ITG sit down to explore the current landscape and how customer behaviour has changed as a result of the pandemic. In this video, they discuss the key trends shaping retail and share unique insights for retailers to get ahead in 2021 – shining a spotlight on in-store CX, omnichannel marketing and sustainability
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News
Dixons Carphone raids Tesco for new finance boss as festive sales rise
Dixons Carphone has posted an increase in sales during the crucial Christmas trading period and unveiled the appointment of its new finance boss.
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Analysis
Black Friday bargains snapped up early – but will shops see a last-minute rush?
Sales may have been down on Black Friday and Cyber Monday, but don’t be fooled into thinking the discounting event was a damp squib. Grace Bowden reports.