All Electricals articles
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NewsAO shares plummet as insurer cuts cover
Questions have been raised over AO’s finances after its credit insurer reduced its cover.
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Analysis
The Amazon of washing machines: How Marks Electrical is taking on the titans
In a volatile and inflationary electricals market, Marks Electrical has bucked sector trends by growing both sales and market share. Retail Week speaks to chief executive Mark Smithson about how his business is outcompeting its more established rivals
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News
AO scraps German business following strategic review
Electrical goods etailer AO.com has taken the decision to close its German business after eight years of trading, following a strategic review into its performance.
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News
Quarter of UK households turn to second-hand market to beat cost-of-living crunch
New data shows that nearly a quarter of UK households are looking to the second-hand or resale markets as they look to deal with steepling costs driven by rampant inflation.
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Data
Post-pandemic spending bubble bursts as shoppers rein in spending
Retail sales fell last month as consumers’ disposable income came under increased pressure, signalling an end to the post-pandemic boom enjoyed by some retailers.
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News
Currys turns to Asos to hire new chair
Currys has appointed Ian Dyson, at present the chair of Asos, as its new chair.
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Opinion
‘Retailers must be swift and decisive to win in the year ahead’
In the coming months, retailers’ focus should be on rising demand for value, the return of the experience economy and making omnichannel work better than ever, says McKinsey & Company’s Anita Balchandani
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Data
Data: Prices soar in April driven by furniture, electricals and books
Shop prices have reached record highs across all categories as cost pressures from the war in Ukraine and Shanghai’s lockdown mount.
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News
AO focuses on cash generation as sales fall
Electrical goods etailer AO.com has posted a fall in sales and said it would focus on cash generation in turbulent market conditions.
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Opinion
Currys people chief: ‘Closing our HQ makes us fit for the era of omnichannel colleagues’
After unveiling plans to swap its West London HQ for flexible office space, Currys chief people, communications and sustainability officer Paula Coughlan explains the thinking behind the move and how it sets the electricals giant up for a post-pandemic future.
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News
Currys quits London HQ in favour of WeWork flexible office space
Currys is set to exit its west London headquarters after signing a deal with flexible office space group WeWork that will allow staff to work from 50 locations across the country.
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News
Currys raises staff pay as cost of living climbs dramatically
Electricals giant Currys has increased its hourly pay to a minimum of £10.
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Data
Data: Four out of five consumers mull switching to discounters as cost of living soars
A new survey has found that four out of five UK consumers are considering switching to value or discount retailers due to the growing cost-of-living crunch.
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News
Studio formally calls in administrators following cash call crisis
Online retailer Studio has formally drafted in administrators after signalling the likelihood of collapse earlier this month.
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News
Exclusive: Music Magpie expands rental service to tablets, MacBooks and consoles
Music Magpie is expanding its rental subscription service into a series of new product categories, including tablets, games consoles and Apple MacBooks.
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News
Exclusive: Very reshuffles category teams and creates new retail ops division
The Very Group plans to reshuffle its retail team following the appointment of former Fenwick chief executive Robbie Feather as managing director of retail.
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News
AO to review German business as supply issues and marketing costs bite
AO has said it will explore options for its German arm as a number of issues impacted its revenues over the past nine months.
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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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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.
