All Electricals articles – Page 145
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News
First-half sales at Flamingo nosedive
First-half sales at electronics retailer Flamingo nosedived 45% to ROL187m (£38m).Chief executive Stefan Treiber explained the drop had been the result of a decline in the local market, but believed problems would not continue in the second half as costs had been cut, including reducing the number of employees from ...
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News
Media-Saturn to enter Siberia
Metro Group-owned consumer electronics retailer Media-Saturn, which has been operating in Russia since late 2006, will enter Siberia in the fourth quarter of this year.The retailer runs 15 Media Markt electronics superstores in Russia. At present, Metro Group operates only cash and carry stores in Siberia.
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NewsEuropean comeback to lift Kingfisher and Kesa
France and Germany’s emergence from recession is likely to benefit Kingfisher and Kesa, which both have big operations in the countries.
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NewsProductivity tool to be rolled out to more DSGi chains
DSGi is to introduce the productivity management tool already used by its PC World stores to the Currys and Dixons Travel chains.
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News
Best Denki set for expansion in India and Middle East
Consumer electronics retailer Best Denki will team up with Indonesian construction company Bangun Persada Tata Makmur to open stores in India and the Middle East over the next three to five yearsThe retailer already has 45 overseas stores in eight countries outside Japan, including Singapore and Malaysia, and runs a ...
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News
Costco opens first Australian store in Melbourne
US-based warehouse club Costco has opened the doors of its first Australian store.Located in Melbourne, the 155,000 sq ft store attracted more than 1,000 shoppers within the first hour of trading. The store features about 3,600 SKUs comprising groceries, electronics, clothing, DVDs, books and furnishings.Fresh food is predominantly sourced locally, ...
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NewsJessops like-for-likes down 4.7%
Jessops has reported like-for-like sales down 4.7% in the 12 weeks ending August 16, against the continuing difficult retail environment.
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News
BRC urges Government to scrap VAT on ‘green’ white goods
Retailers are calling on the Government to scrap VAT on energy efficient appliances and offer incentives to trade in old white goods for more environmentally friendly ones.
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NewsDSGi poaches John Lewis man to be web chief
Electricals group DSGi has poached a John Lewis online boss to become ecommerce director in charge of its UK websites.
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Yamada Denki and Kojima announce results
Fortunes were mixed in Japan as consumer electronics giants Yamada Denki and Kojima announced their results for the first quarter ending June 30.Revenue at Yamada Denki rose by just over ¥6bn (£38m) to reach ¥430.68bn (£2.7bn) for the quarter. Despite the rise in revenue, the retailer reported a slide in ...
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NewsBest Buy threat to UK players overblown, analyst says
The threat posed by US giant Best Buy’s UK launch to electricals specialists DSGi and Kesa has been overblown, believes broker Shore Capital.
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NewsCurrys unveils a brand-building ad campaign
DSGi-owned electricals chain Currys has unveiled a brand-building ad campaign designed to bolster its reputation for service.
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NewsCo-op electricals site switches to greener servers
The Co-op Group’s online subsidiary Co-operatives E Store is to replace its website servers with a much greener hosted infrastructure provided by Maginus.
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NewsBest Buy bolsters UK team with ex-Kingfisher man Kevin Styles
Electricals giant Best Buy has strengthened its UK team as it prepares to take on DSGi and Kesa when it launches here next year.
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NewsRetail round-up: what the weekend papers said August 1 to August 2, 2009
An African factory that manufactures jeans for Gap and Levi Strauss has been illegally dumping chemical waste into a river and unsecured tips posing a hazard to local children.
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NewsMarks & Spencer extends use of smart customer service system
Marks & Spencer is expanding its use of a customer and staff feedback system that it trialled last year.
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News
Eldorado’s like-for-like sales slump
Electricals retailer Eldorado’s like-for-like sales slumped 21.7 per cent in the first half of this year.Total sales plummeted 29.4 per cent to RUB39.6bn (£782.1m), compared with the same period last year. The retailer revealed it grew EBITDA to RUB2.7bn (£53.3m) compared with a loss of RUB1.9bn (£37.5m) last year.Eldorado operates ...
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News
Costco to invest in New South Wales expansion
Costco – the US-based international chain of membership warehouses selling food, general merchandise and electricals – plans to invest Aus$120m (£59.8m) in expanding into New South Wales, Australia.It will open its first discount warehouse in the region at Auburn in western Sydney. Costco, which may open more stores in the ...
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NewsCarphone Warehouse in line to meet expectations
Carphone Warehouse has beaten first-quarter revenue forecasts and said it is on track to meet full-year market expectations.
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News
Best Buy is trials sale of discounted laptops with internet contracts
Electricals giant Best Buy is trialling the sale of discounted laptops with internet contracts, echoing a similar initiative used by joint-venture partner Carphone Warehouse in Europe.Customers at selected stores can buy lower priced laptops if they sign up for two years with a broadband provider. Best Buy chief executive Brian ...