All Electricals articles – Page 156
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Analysis
NRF: Brave New World
After a year of financial turmoil a more humble and socially aware retail industry was on show at this year’s National Retail Federation convention last week. Joanna Perry reports from New York
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News
Short selling on retail stock doubles
Short selling positions on retail shares have almost doubled between November and January, as investors bet on further misery for the sector.
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News
New chief executive for Best Buy as Brad Anderson retires
Brian Dunn has been named chief executive of Best Buy after vice president and chief executive Brad Anderson announced his retirement from the electricals retailer.
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News
Inflation falls to 3.1 per cent
Inflation fell to 3.1 per cent in December, down from 4.1 per cent in November, the Consumer Prices Index showed.
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News
Comet posts robust festive sales
Electricals retailer Comet's like-for-like sales dropped 2.5 per cent over the festive period, although 'strong' post-Christmas sales helped limit the fall.
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News
Empire Direct goes in to administration
Empire Direct, the UK’s largest independent electricals retailer, has gone in to administration.
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News
Retailer critical list grows
Retailers are set to face further distress in 2009 after the number of companies facing bankruptcy soared 81 per cent in the final quarter of 2008, according to a survey.
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News
BrightHouse sales up as consumers opt to rent
Rent-to-buy electricals and furniture specialist BrightHouse has revealed underlying revenue increased 13.5 per cent in the 13 weeks to December 28.
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News
Worst Christmas sales growth in London since 2004
London retailers experienced their worst like-for-like growth this Christmas since 2004. December sales in the capital were 0.7 per cent lower than a year ago on a like-for-like basis.
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News
DSGi picks new chairman
John Allan will take over as chairman of electricals group DSGi when incumbent Sir John Collins retires in September.
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Analysis
Supply Chain: Reverse psychology
Returns can be a costly burden, yet retailers’ supply chains are often ill-equipped to deal with them. Charlotte Hardie asks where savings can be made as unwanted gifts fly back to stores.
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News
Retail stocks languish as dismal Christmas fails to lift confidence
Hard-pressed retailers outperformed the All Share index as the first week of trading updates brought few nasty surprises.
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News
Electricals and toys bolster salesat Shop Direct
Electricals and toys lifted sales over Christmas at Shop Direct Group.
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Analysis
Video: DSGi opens joint Currys and PC World format
DSGi is trialling a joint Currys and PC World format in Weybridge, Surrey. Retail Week took a tour of the new store.
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Opinion
Pre-pack abuse needs to end
Retailers face many injustices, some real, others perceived. But they don’t come much bigger than this. One of your biggest rivals – which has been in administration and then bought out – has a store on a major high street. And you’re paying their rent.
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News
Carphone enjoys UK sales growth but margins suffer
Carphone Warehouse's retail arm Best Buy Europe has reported an 8.3 per cent increase in UK like-for-like sales in the 13 weeks to December 27.
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News
Like-for-likes plummet at DSGi
Electricals giant DSG International has reported a 10 per cent fall in like-for-like sales in the 12 weeks to January 10, with double-digit falls at both Currys and PC World. However, the company's post-Christmas Sale started well.
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News
DSGi restructures executive team
Electricals retailer DSGi has dramatically overhauled its executive team ahead of revealing what is expected to be its poorest Christmas trading performance since the last recession.
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News
John Lewis sales rocket 27%
John Lewis has delivered a barnstorming start to its clearance with weekly sales soaring 27.4 per cent on the previous year.
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News
Negative trading statements soar in fourth quarter
Stores unveiled a record number of negative trading updates during the the fourth quarter of 2008 – a figure that has only ever been equalled in the first quarter of 2005.