Dixons Carphone closes travel arm despite strong group trading
Dixons Carphone plans to close its Dixons Travel business after predicting an insufficient recovery in passenger numbers.
The electrical goods specialist has made the decision to shutter the division, which historically made an annual profit contribution of £20m, as the travel industry has been decimated by pandemic restrictions and it is not expected to recover for the foreseeable future.
Subscription content
Please sign in now if you have a subscription or are already registered with us.
Register for free to continue reading
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
- Two free article views per calendar month on Retail-Week.com
- Detailed analysis of current trends and events
- Exclusive newsletters
- In-depth reports, videos, interviews and much more
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few moments before your account is updated.