All Electricals articles – Page 129
-
NewsCarphone confident in Best Buy big-boxes
Carphone Warehouse remains convinced there is “substantial opportunity” for big-box Best Buy stores in the UK and has reported a like-for-like sales rise at its core mobile business over Christmas.
-
NewsO2 to close 40 stores and invest in remainder
Phone retailer and telecomms firm O2 is to close 40 of its 493 stores this year and instead invest in its best performing shops.
-
NewsJohn Lewis sales up 39% ahead of VAT increase
John Lewis sales soared 38.7% to £74.7m in the week to January 8, making it the largest weekly increase this financial year.
-
NewsBrightHouse sees demand surge but stays cautious
Rent-to-own electricals and furniture retailer BrightHouse has revealed a strong Christmas but cautioned that current trading has been tougher. Like-for-likes increased 9.8% in the 13 weeks to December 31, 2010.
-
News
Harvey Norman to expand in Malaysia
Australia-based electronics retailer Harvey Norman is to expand in Malaysia and plans to open 20 stores in the Klang Valley in the next five years.The expansion will cost in the region of MYR100m (£20.9m) as it invests between MYR5m (£1m) and MYR10m (£2.1m) per store in the coming years.
-
NewsDixons sales suffer as snow takes toll
Electricals market leader Dixons, owner of Currys and PC World, reported a 4% fall in like-for-likes at its core UK business over Christmas.
-
NewsArgos-owner Home Retail reports better than expected Christmas
Argos-owner Home Retail Group took a sales hit of between £20m and £30m hit over Christmas because of the snow but full-year profits are likely to be better than feared.
-
NewsShop price inflation rises to 2.1% in December
Shop price inflation rose to 2.1% in December, up from 2% in November, as rising costs pushed prices up.
-
NewsBrightHouse reveals strong Christmas and remains confident for 2011
Rent to own electricals and furniture retailer BrightHouse has revealed a strong Christmas trading period and feels confident of sustaining “robust” growth in 2011.
-
GalleryBlack beauty
Black, Dixons’ new stylish store in Birmingham, is unlike anything the electricals giant has done before.
-
News
Emart aims for £557m in turnover and to expand stores by 40% annually
Electronics retailer Emart is targeting turnover of 4,000 crore (£557m) in the next three to four years and will expand its store count by about 40% annually. Sunil Mehta, chief executive of Emart’s electronics business Next Retail, said that the chain expected to reach 1,000 stores by the end of ...
-
NewsBest Buy insists plans are on track despite pulling out of deal
Best Buy has insisted its plans for the UK are still on course despite it pulling out of a deal to open a store in the north-east of England.
-
NewsTesco launches online electricals Sale
Giant grocer Tesco has fired a salvo against electrical specialists with the launch today of a ‘Boxing Day’ Sale online focused on the category.
-
NewsSale of Phones4U falls through
Private equity group Providence has pulled the sale of mobiles specialist Phones4U after turbulent debt markets undermined a deal.
-
NewsSnow fears unjustified, broker Arden argues
Concerns about the impact of snow on retailers’ Christmas performance look overdone, Arden analyst Nick Bubb believes.
-
NewsDixons, Home Retail and HMV among most at risk from snow disruption
Electricals group Dixons, Argos-owner Home Retail Group and entertainment specialist HMV are among the retailers most likely to be affected by snow and icy conditions broker Numis believes.
-
NewsMaplin asks potential buyers to submit offers before Christmas
Specialist electrical group Maplin has asked potential buyers to submit informal offers before Christmas, it is understood.
-
NewsStakebuilders spot an opportunity in retail
Retail shares, like the temperature, dipped below zero as the big freeze was reflected in icy investor attitudes towards stores on fears that trading will suffer in the golden period.
-
AnalysisIn need of specialist treatment
Across games, music, sport and electricals, specialist retailers are suffering, but what is the diagnosis and can they be brought back to health, asks Nicola Harrison
-
NewsSony unveils new user-friendly format
Technology specialist Sony Centre has unveiled a new-look store on electricals retail destination Tottenham Court Road.