All Electricals articles – Page 137
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NewsProfits up at DSGi after strong second half
Electricals giant DSG International grew underlying profits by 61% to £90.5m in the year to 1 May, helped by a much-improved second-half performance.
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NewsPhones 4u opens ‘Blackberry Zone’
Phones 4U has opened a Blackberry Zone at its flagship Tottenham Court Road store.
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NewsComet to refurbish stores after profits rise
Electricals retailer Comet is to refurbish 40 stores his year as it seeks to respond to the revival of arch-rival DSGi and the touchdown of US powerhouse Best Buy.
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NewsHome Retail fails to score TV sales growth from World Cup
Home Retail Group failed to gain a pre-World Cup TV sales increase, as several rivals did, as overall like-for-like sales at flagship chain Argos fell 8.1% in the 13 weeks to May 29.
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NewsDSGi tests combined Currys/PC World at Bluewater
Electricals group DSGi is testing a combined Currys and PC World store at Bluewater following the success of big two-in-one shops.
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OpinionBaptism of fire awaits the new grocery chiefs
Falling inflation isn’t the only reason why it feels a golden age of grocery retailing is coming to an end. Three of the big four are either under new chief executives or soon will be.
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NewsRetail sales up 4.4% in May, ONS says
The value of retail sales rose by 4.4% in May, with sales volumes ahead 2.2% on last year, according to the Office for National Statistics (ONS).
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Euroset to remodel Russian stores
Mobile telephone operator Euroset will remodel its 3,000-plus stores in Russia after having negotiated a bank loan to finance the move. Euroset plans to increase its sales per square metre through the installation of modern store equipment, which, it says, should attract more consumers.
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NewsBhs launches Direct website to compete in electricals market
Department store Bhs has moved into the competitive electricals market with the launch this week of the Bhs Direct website, which offers a wide range of branded goods including TVs, cameras, laptops and kitchen appliances.
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AnalysisWhat Apple means to retailers
Apple has again captivated consumers with its latest gadget, the iPad. Joanne Ellul pins down the brand’s enduring appeal and examines why the company is so important to other retailers
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Gome to invest in ecommerce
Chen Xiao, president of electrical appliances retailer Gome, has revealed plans to invest in ecommerce to grow sales. Online sales were just Yn400m (£40.4m) in 2009, accounting for less than 1% of total retail sales.About 40% of its products are now available for sale online and the service is only ...
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NewsDSGi reports World Cup sales boost
DSGi has reported surging sales in TVs in the run up to the World Cup, with this year’s tournament “shaping up to be best World Cup ever” for the retailer in terms of TV sales.
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NewsBest Buy sponsors London venue The O2
Best Buy is sponsoring London venue The O2 to bolster its entertainment credentials.
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NewsO2 to stock new iPhone
O2 will launch iPhone 4, a thinner and higher resolution version of the smartphone, on June 24.
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NewsCarphone Warehouse reshuffles UK management team
Carphone Warehouse has reshuffled its management team following its merger with Best Buy.