All Electricals articles – Page 156
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News
Hundreds of retailers poised to collapse next year
Hundreds of retailers will hit the buffers next year as the recession kicks in, according to a retail insolvency expert.
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News
Mixed reports on crucial weekend trading
There have been mixed reports this morning about weekend trading that retailers hoped would bring a last minute Christmas rush onto the high street.
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News
Retail insolvency practice set for reform
Retail insolvency regulations will come into force next year, designed to stymie quick sales of retailers in administration.
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News
BrightHouse makes appointment to drive business change
BrightHouse has strengthened its management team with the appointment of Simon Mouncer as head of business change and IT.
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News
Kesa profits plummet on poor performance in UK and Spain
Kesa unveiled a lacklustre set of first-half results after the electricals group’s performance was dragged down by its UK and Spanish operations.
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News
Best Buy announces redundancy plans as profits slump
US electricals giant Best Buy is offering voluntary redundancy to its 4,000 head office staff and will halve capex after profits slumped and sales fell in its third quarter.
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News
Kesa profits slump as Comet posts a loss
Electrical giant Kesa’s retail profit has slumped 71.2 per cent to 13 million in the six months to October 31.
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News
Discounts fail to lift sales in London in November
Sales in London took a hit in November as discounts and promotions across retail stores failed to tempt shoppers to spend.
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Opinion
David Ross row won’t hurt Carphone Warehouse
Carphone Warehouse shares hit a five and a half year low on Monday as controversy raged over co-founder David Ross’s treatment of shares.
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News
Carphone's David Ross 'faces FSA inquiry'
Former Carphone Warehouse deputy chairman David Ross is to be investigated by the Financial Services Authority for possible breaches of stock market rules, according to reports.
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News
Verdict: Retail profits to dive in 2009
Retailers should brace themselves for one of the worst years on record in 2009, as high street spending goes into reverse and retail profits nosedive.
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News
Like-for-like retail sales slide 2.6 per cent
Retail Sales Monitor: UK like-for-like retail sales slipped 2.6 per cent in November, and total sales fell for a second consecutive month for the first time since records began in 1995.
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News
Oxford Street festival draws 2 million shoppers
More than 2 million shoppers flooded London's West End this weekend taking advantage of big retail discounts and a traffic-free Regent Street and Oxford Street in the run-up to Christmas, it was claimed today.
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News
Carphone Warehouse co-founder resigns after shares controversy
Carphone Warehouse co-founder David Ross has resigned after it was found he was using his shares in the retailer as security for personal loans.
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News
DSGi vows to beat the crunch as it posts loss
DSGi chief executive John Browett has been examining the impact of recessions as far back as 1929 to learn lessons about surviving the toughest of times.
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News
Interest rate slashed to 2%
The Bank of England has cut the interest rate by 1 percentage point to 2 per cent in a move that will bring some respite to retailers.
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News
Retailers ramp up pre-Christmas Sales
Retailers have stepped up their discounting dramatically in recent weeks, with three quarters of the UK's leading chains offering discounts in the run-up to Christmas.
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News
John Lewis sales fail to sparkle
Sales at retail bellwether John Lewis have continued to decline as confidence on the high street wanes.
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News
Retail failures up 17 per cent
More than a thousand retail businesses have hit the buffers in the past year, with more failures expected due to poor Christmas trading.
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News
CBI survey: Retailers fear dire Christmas
Retailers are expecting a lacklustre Christmas after reporting a decline in high street sales in November, according to the CBI's Distributive Trades Survey.