All Electricals articles – Page 151
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NewsKesa like-for-like sales fall as further restructuring announced
Kesa has reported like-for-like sales across its electricals business were down 6.1 per cent in its full year to April 30, with total sales up 8.3 per cent.Like-for-like sales at its UK Comet chain dropped 7.7 per cent on a like-for-like basis for the year, with total revenues down 5.1 ...
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NewsDSGi improves efficiency with SAP Finance software
DSGi has revealed that it is seeing benefits from introducing standardised finance processes since going live with the SAP Finance system late last year.
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NewsConsumer confidence falls as unemployment concerns grow
Consumer confidence has fallen nine points since last October, according to figures from the British Retail Consortium and Nielsen.
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NewsCarphone Warehouse buys Tiscali UK
The Carphone Warehouse and Tiscali have reached an agreement for TalkTalk to acquire Tiscali’s UK operations for £236m.
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NewsDSGi secures £311m injection to speed up turnaround plans
DSGi has raised £311m to accelerate its turnaround plans after credit insurance difficulties led to a sharp rise in debt.
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AnalysisJohn Browett has risen to the challenges at DSGi
John Browett’s job leading DSGi has been a challenge from the start, but he has made plenty of headway in tough circumstances. Amy Shields finds out why
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NewsRecession ‘will change retail for good’
The recession will fundamentally change retail for good, according to a report from Verdict Research.The report said the retail sector is in the mid-point of a lengthy reform. It said last year will be remembered as the beginning of a substantial contraction of the sector that had become bloated with ...
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NewsBest Buy scales back UK plans
US electricals retailer Best Buy is scaling down its UK plans but remains committed to the market.
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NewsJohn Lewis to launch standalone home and electricals format
John Lewis is to open standalone homewares and electricals stores in a bid to gain greater coverage of the UK market.
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NewsRetailers lead business revolt against Heathrow third runway
Retailers have called on Government to reconsider plans for a third runway at London’s Heathrow airport.
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NewsCarphone Warehouse seeks talent to prepare for Best Buy debut
Carphone Warehouse is to strengthen its sourcing and product development teams as it gears up for the debut of Best Buy next year.
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News
Firebox mulls more ranges to increase sales
Gadgets e-tailer Firebox intends to widen its reach as it expands ranges to attract new customers and lift sales.
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NewsDSGi to raise £310.6m
Electricals group DSGi has unveiled plans for a £310.6m rights issue and share placing.
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NewsDSGi signs network deal to cut store costs
DSGi has changed network supplier and signed a three-year deal with Azzurri Communications as part of a wider cost-cutting drive focused on stores.
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NewsRetail insolvencies rise 60 per cent
Retail collapses soared in the first quarter as companies fell victim to falling consumer confidence and a deteriorating financing environment.On average, more than seven retailers hit the wall a day in the three months to March. The number of insolvencies jumped 24 per cent on the previous quarter, according to ...
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NewsRetail sales bounce back in March
Retail sales volumes returned to positive territory in March, driven by a strong performance from food and fashion retailers.
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NewsCarphone Warehouse says ‘banks open for business’
Carphone Warehouse said that confidence for the coming year is “as high as it has ever been” as the retailer pinpointed signs of “stability” in the banking sector and consumer confidence.
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Best Denki forecasts profit in current year
Electricals and consumer goods retailer Best Denki has forecast that it will notch up profits of ¥150m (£1m) in the year that began March 1, up from a net loss of ¥3.01bn (£21m).Best Denki blamed weak consumer spending and price deflation for last year’s losses. Sales in the year to ...
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AnalysisWhat it’s like to work at Carphone Warehouse
Founded: in 1989 by Charles Dunstone, who set up the company from his attic. The first store opened in 1990Based: North Acton, LondonNumber of staff: 12,000 in the UK; 17,000 worldwideNumber of stores: 820 in the UK; more than 2,400 worldwideEmployee benefits: in addition to other benefits, staff are given ...
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NewsSir Terry Leahy heralds signs of economic stability
Tesco boss Sir Terry Leahy says confidence is bouncing back as the grocer records profits of £3bn.