All Electricals articles – Page 95
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News
Regis Schultz appointed chief executive at Darty
Consumer electronics specialist Darty has appointed Regis Schultz, at present the head of French retailer But, as its new chief executive effective from May 1. He will take over from Dominic Platt, who has held the position temporarily since Thierry Falque-Pierrotin stepped down in September.
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NewsShop price inflation drops to lowest level in over three years
Shop price inflation reached its lowest level last month since November 2009, as it fell to 0.6% from 1.5% in December, according to the BRC-Nielsen Shop Price Index.
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News
Best Buy to close 15 big-box Canadian stores
US-based electronics specialist Best Buy has revealed it will close 15 of its big-box stores in Canada.The initiative is the first step in a three-year strategy to optimise Best Buy’s retail footprint across its markets, according to the company.The retailer plans to open Future Shop small stores, ecommerce banners and ...
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AnalysisAnalysis: What next for Jessops after it was snapped up by a Dragon?
Jessops was last night rescued out of administration by Dragon’s Den star Peter Jones in a surprise acquisition of the brand. Retail Week studies the implications of the deal.
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NewsJessops bought out of administration by Dragons' Den star Peter Jones
Collapsed camera specialist retailer Jessops has been bought out of administration by entrepreneur and Dragons’ Den star Peter Jones.
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News
Apple loses market value after weak Christmas
Apple lost more than $50bn (£31.8bn) of its market value last week after shares slumped 12% because of weaker-than-expected iPhone sales at Christmas, reinforcing fears that the retailer and technology giant is losing its dominance in smartphones.Apple posted first-quarter group revenue of $54.5bn (£34.66bn), compared with $46.3bn (£29.44bn) in the ...
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AnalysisAnalysis: The highs and lows of Christmas trading
The aftermath of the festive season brought drama, as a clutch of high street retailers collapsed. But how did the retail industry perform overall? Rebecca Thomson reports.
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AnalysisAnalysis: Has Carphone Warehouse rebalanced the business for growth?
Carphone Warehouse today reported a 16% surge in third quarter like-for-like sales as shoppers stocked up on tablets for Christmas. Retail Week takes a look at how the business has been rebalanced.
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NewsCarphone Warehouse UK like-for-likes surge 16% in third quarter
Carphone Warehouse UK has revealed a like-for-like surge of 16% in its third quarter, driven by sales of tablets, the phones retailer reiterates in full-year profit guidance.
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NewsIan Cheshire and Lord Wolfson back Prime Minister on Europe
Retailers including Kingfisher chief executive Ian Cheshire and Next boss Lord Wolfson have welcomed David Cameron’s pledge to hold an in-out referendum on Europe.
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NewsHilco frontrunner to acquire Jessops brand
Restructuring firm Hilco, which acquired HMV’s debt on Tuesday, is the frontrunner to acquire the Jessops brand and is understood to be hatching plans to open branded camera concessions in HMV’s stores.
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OpinionBlog: Currys is making the most of Pinterest
Last year there was a huge buzz about Pinterest, hailed as the next big thing in social media.
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NewsMobile phone retailer EE to close 78 stores by April
Mobile phone retailer EE is to close 11% of its UK store estate following a review of its retail operation with 78 of its 700 shops set to close before the end of April.
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AnalysisAnalysis: Why the shutters closed on camera specialist Jessops
Following last week’s collapse of camera specialist Jessops into administration and the closure of stores, Tiffany Holland focuses on the reasons for the retailer’s decline.
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News
Best Buy reveals slight revenue decrease
Consumer electronics specialist Best Buy has revealed revenues of $12.8bn (£7.97bn) for the nine weeks ending January 5. That compares with $12.9bn (£8.03bn) for the nine weeks ending December 31, 2011.Turnover was down slightly because of a comparable stores sales fall of 1.4%.The performance was seen as encouraging for Best ...
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News'Phenomenal' tablet demand drives Christmas sales surge at Dixons
Electricals retailer Dixons reported strong Christmas trading as UK like-for-likes rose 8%, driven by “phenomenal” sales of tablets and the collapse of rival Comet.
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AnalysisAnalysis: Retailers’ new Sales strategies to meet consumer demand
Promotional activity has altered over the past few years. Retailers push online discounts and break from traditional January Sales, so what’s the best tactic to pursue?
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NewsJessops axes 77 more jobs as interested parties circle online business
Collapsed camera retailer Jessops axed another 77 jobs yesterday, as “several” parties remain interested in acquiring the Jessops brand and online business, it is understood.
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NewsClosure of all 187 Jessops stores starts as axe falls on 1,370 jobs
The closure of all 187 Jessops stores will begin today after administrator PwC said the retailer can no longer trade without supplier support.
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NewsJessops: List of store closures
All 187 Jessops stores will begin shutting today after administrator PwC said the retailer can no longer trade without supplier support.