All Electricals articles – Page 130
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News
Emart aims for £557m in turnover and to expand stores by 40% annually
Electronics retailer Emart is targeting turnover of 4,000 crore (£557m) in the next three to four years and will expand its store count by about 40% annually. Sunil Mehta, chief executive of Emart’s electronics business Next Retail, said that the chain expected to reach 1,000 stores by the end of ...
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NewsBest Buy insists plans are on track despite pulling out of deal
Best Buy has insisted its plans for the UK are still on course despite it pulling out of a deal to open a store in the north-east of England.
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NewsTesco launches online electricals Sale
Giant grocer Tesco has fired a salvo against electrical specialists with the launch today of a ‘Boxing Day’ Sale online focused on the category.
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NewsSale of Phones4U falls through
Private equity group Providence has pulled the sale of mobiles specialist Phones4U after turbulent debt markets undermined a deal.
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NewsSnow fears unjustified, broker Arden argues
Concerns about the impact of snow on retailers’ Christmas performance look overdone, Arden analyst Nick Bubb believes.
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NewsDixons, Home Retail and HMV among most at risk from snow disruption
Electricals group Dixons, Argos-owner Home Retail Group and entertainment specialist HMV are among the retailers most likely to be affected by snow and icy conditions broker Numis believes.
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NewsMaplin asks potential buyers to submit offers before Christmas
Specialist electrical group Maplin has asked potential buyers to submit informal offers before Christmas, it is understood.
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GalleryThe very best stores of 2010
Despite the tough economic climate, both overseas and homegrown retailers haven’t held back on innovative store designs.
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News
PPR enters talks with South African Steinhoff International Holdings
Luxury and retail group PPR has entered into exclusive negotiations with South African Steinhoff International Holdings over the sale of its shares in Conforama. The transaction is worth about E1.2 bn (£1bn) in cash. In November 2009, PPR announced that it was planning to sell off its retail division including ...
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NewsShoppers flock to Black
Shoppers have flocked to Black, the lifestyle-focused electricals fascia being piloted by Dixons Retail, in its first week of trading, its parent has claimed.
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OpinionRetailers need a thaw for a happy Christmas
Retailers are in the habit of blaming the weather when things don’t go to plan, but this Christmas it’s a genuine excuse.
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NewsSony unveils new user-friendly format
Technology specialist Sony Centre has unveiled a new-look store on electricals retail destination Tottenham Court Road.
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AnalysisIn need of specialist treatment
Across games, music, sport and electricals, specialist retailers are suffering, but what is the diagnosis and can they be brought back to health, asks Nicola Harrison
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NewsStakebuilders spot an opportunity in retail
Retail shares, like the temperature, dipped below zero as the big freeze was reflected in icy investor attitudes towards stores on fears that trading will suffer in the golden period.
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NewsDixons Black: first pictures
Dixons today unveiled a new fascia, Black, which takes a radically different approach to electrical retailing.
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NewsPhones4U deal likely to be valued below £700m
Private equity firm BC Partners is likely to pay less than the £700m anticipated for Phones4U by present owner Providence Equity Partners.
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NewsActivist investor won’t lead to Kesa break-up, chairman vows
Kesa chairman David Newlands has downplayed the suggestion that stakebulding by investor Knight Vinke indicates sweeping change is likely at the electricals group.
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NewsComet suffers widening losses
Losses at electrical chain Comet widened in its first half when toughening trading conditions and spending on store refits and rebranding took a toll.
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NewsShop price inflation dips in November as retailers ramp up promotions
Overall shop price inflation fell to 2% in November from 2.2% in October, outlining that retailers are running discounts and promotions in the highly competitive run up to Christmas.
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NewsPhones 4U to double shop-in-shops in Dixons next year
Phones 4U will double its shop-in-shops in Dixons next year.