All Electricals articles – Page 5
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NewsMusic Magpie CEO focused on ‘buying, selling and renting more’ to improve profits
Music Magpie founder and chief executive Steve Oliver has said the company is focusing on “buying more, selling more and renting more” after reporting expected, albeit lacklustre, full-year results.
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NewsMusic Magpie profits fall despite record Black Friday sales
Music Magpie has reported falling profits despite a record Black Friday trading week and more than doubling its rental subscribers year on year.
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NewsAO rebound due to ‘emphasis on profitability and generating cash’
AO.com has credited its recent successes to changing its strategy to focus on profitability as well as maintaining a quality service that meets customers’ needs.
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NewsAO increases profit guidance for second time this year
AO.com has increased its profit guidance for the year to March 2023 hailing higher retail gross margins.
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NewsCurrys to trial selling refurbished devices due to consumer demand
Electricals giant Currys is to trial sales of more refurbished devices on its website as consumer demand for second-hand tech grows.
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Opinion‘As margin pressure builds, retail media businesses offer chance to drive high returns’
Retail media networks are one of the fastest growing media sectors in Europe and offer a significant opportunity, say McKinsey’s Anita Balchandani and Craig Macdonald
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Opinion‘Tough times push retailers to innovate and find new sources of growth’
At a time when it’s easy to be gloomy, look deeper and there are reasons for retailers to be optimistic, says eBay UK general manager Murray Lambell
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AnalysisAnalysis: Where next for Amazon as profits slump and sales stall?
While revenue growth continues and expectations continue to be exceeded, seemingly all is not well at Amazon. With jobs being slashed and profits falling, where next for retail’s biggest giant?
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NewsAmazon and Apple post mixed results as economic slump impacts demand
Amazon and Apple have both posted mixed results for the fourth quarter as the economic slump dampened demand.
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Opinion‘Retailers will have to work harder this year to persuade people to shop’
After surprise success in 2022, what should retailers expect from the year ahead? A rebalancing of sales channels, hybrid business models and the right marketing mix all have a part to play in success this year, believes PwC’s Lisa Hooker
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AnalysisAnalysis: How consumers shopped the electricals sector this Christmas
Once a stalwart of Christmas and Boxing Day Sales shopping, the pressure from the cost-of-living crisis meant electricals presented a mixed bag for retailers over this festive season.
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NewsExclusive: Air fryer prices rocket by up to 90% in the past year
Air fryers have soared in price over the past year as demand for low-energy home appliances grows during the cost-of-living crisis.
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AnalysisDeep dive: Are we witnessing the death of the retailer HQ?
As hybrid working, advances in technology and cost pressures make the traditional head office less viable, Retail Week asks whether its days are numbered
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NewsAO.com and Marks Electrical improve golden-quarter profit expectations
AO.com and Marks Electrical have both revealed rising profitability following golden-quarter trading.
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NewsRetailers ‘deeply dishonest’ about January Sale prices
Almost half of products were more expensive at the start of the year than in the latter half of 2022.
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AnalysisCurrys boss Baldock on a tale of two markets – a Nordic slump vs UK resilience
Currys chief executive Alex Baldock painted a picture of starkly different markets as he unveiled the retailer’s interim results
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NewsCurrys issues profit warning as international business nosedives
Electricals giant Currys has issued a profit warning after margins were squeezed by discounting rivals, leaving its international business floundered.
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Retail VoiceHow to jump on the electric vehicle charging bandwagon
As electric car sales continue to motor ahead, Diebold Nixdorf’s Reint Jan Holterman examines how retailers can benefit from this booming market and drive sales.
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GalleryStore gallery: Inside Nothing’s high-tech Soho playground
London-based tech start-up Nothing opened its first bricks-and-mortar store on December 10.
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NewsBlack Friday consumer tech sales sink to five-year low
Air fryers, heated clothes airers and electric blankets bucked the downward trend for Black Friday sales this year, according to point-of-sale data by analysts GfK.