All Electricals articles – Page 103
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NewsRetail sales suffer in Olympics month
The Olympics failed to boost spending in August, when retail sales were at their lowest level in nine months, the BRC-KPMG Retail Sales Monitor showed.
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NewsCarphone Warehouse appoints Sam Tyrer as retail director
Carphone Warehouse has promoted Sam Tyrer to become retail director for the UK division, after five years at the retailer.
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Net income plunges at Best Buy
Consumer electronics specialist Best Buy’s net income plunged 91% to $12m (£7.6m) for the three months ended August 4.That compares with $150m (£94.8m) in the same period a year earlier. Second-quarter adjusted operating profit fell 52% to $124m (£78.3m), hit by restructuring including store closures and job cuts.Total revenue fell ...
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NewsJohn Lewis to sell Barnes & Noble e-reader the Nook
John Lewis will become the first UK retailer to sell US bookseller Barnes & Noble’s e-reader the Nook.
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NewsRetail sales set to worsen
Flat August sales were broadly in line with retailers’ expectations but the next three months are expected to worsen as sentiment deteriorates, the CBI said.
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OpinionComment: Apple retail boss Browett admits 'messing up' over store changes
Technology giant Apple has made headlines after becoming the world’s most highly valued company in history, worth $624bn. But at the company’s retail division there is evidence that all has not gone smoothly since former Dixons chief executive John Browett became Apple’s senior-vice president of retail in April.
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NewsBest Buy appoints chief executive as takeover talks stall
US electricals retailer Best Buy has appointed turnaround specialist Hubert Joly as its new chief executive.
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OpinionComment: Retailers should not rest on their laurels
One of the key challenges facing any retailer today is how to keep track, and ideally stay ahead of, shoppers and a retail landscape that seem to change at an ever-faster pace.
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July's online sales hit highest level this year
Online sales surged 17% year-on-year in July as the warmer weather and Olympic fever triggered online shopping, according to the IMRG Capgemini e-Retail Sales Index.
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NewsOlympics boosts John Lewis sales 14.9%
Department store John Lewis sales surged 14.9% to £60.8m last week as Olympic fever once again boosted sales.
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Apple authorises US store employees to offer iPhone discounts
Apple has authorised its US store employees to offer discounts on iPhones in an unprecedented move by the retailer.The initiative will allow Apple to match promotions offered by wireless carriers and third-party retailers, according to The Wall Street Journal.Employees may now offer discounts of up to $49 (£31) on the ...
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AnalysisInternational analysis: Best Buy and Target venture signals full merger potential
In what could be seen as a step towards to a potential merger, mass merchant Target has partnered with Best Buy for its consumer electronics expertise.
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AnalysisRetail Week on the Road: Southwest and Wales
We visit Bristol, Cardiff, Exeter, Jersey and Guernsey.
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NewsCarphone Warehouse launches mobile payments app
Carphone Warehouse has introduced a new mobile payments app powered by Simply Tap.
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NewsInflation jumps to 2.6% in July
Inflation increased to 2.6% in July, up from 2.4% in June, driven by the clothing and footwear sectors as well as transport fares.
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NewsJohn Lewis sales rocket 22% as Olympic feel-good factor kicks in
John Lewis sales growth has rebounded as the Olympic feel-good factor, milder weather and new ranges boosted takings.
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NewsDixons increases its stake in Pixmania
Dixons has acquired a 22% stake in ecommerce business Pixmania, taking its share holding in the company to 99%.
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Richard Schulze in bid to purchase Best Buy
Best Buy founder Richard Schulze is vying to buy the electronics giant in a $9bn (£5.8bn) deal.Schulze, who was ousted as chairman in June, already owns 20% of the retailer and is looking to team up with private equity firms to buy the remainder.Schulze’s financial adviser Credit Suisse said it ...
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AnalysisRetail Week on the Road: Midlands
We visit Birmingham, Wolverhampton, West Bromwich, Nottingham and Leicester.
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NewsRetailers rise from the ashes of last year’s riots
One year on from the riots retailers remain engaged with local communities.