DSGi has hired a consulting team to carry out a strategic review of its operations.

The troubled owner of Currys and PC World has suffered a sharp fall in its share price after a difficult Christmas, which led to the retailer issuing a profit warning last month.

The decision to bring in Boston Consulting has added fuel to growing speculation that the retailer may resort to a big store closure programme.

New chief executive John Browett, who took the reins at the company in December, wants Boston Consulting to collate data and look into both DSGi’s domestic and international operations before structuring a plan to help revive the group in Europe.