All Electricals articles – Page 147
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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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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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NewsScott Wheway appointed chief of Best Buy Europe
Best Buy Europe – the European joint venture between Carphone Warehouse and US electricals giant Best Buy – has appointed former Tesco and Boots executive Scott Wheway as chief executive.
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NewsCurrys to open in ill-fated Thurrock shop
Electricals retailer Currys has taken over the lease for the former Marks & Spencer Lifestore at Lakeside in Thurrock, which has proved ill-fated for retailers.
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AnalysisCharles Dunstone: 20 years at the helm of Carphone Warehouse
As Carphone Warehouse issues first-quarter results, Amy Shields charts the remarkable growth of the business Dunstone created 20 years ago
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NewsNew Orange formats to focus on service
Mobile phone operator Orange is to trial two new store formats as it seeks to drive a customer service ethos.
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NewsCarphone Warehouse reports steady trading in 'subdued' market
Carphone Warehouse has reported steady trading in both its retail and fixed line businesses for the 13 weeks to July 4, and said it is on track to meet full-year market expectations.
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News
Best Denki reveals widening net loss
Electricals retailer Best Denki revealed a widening net loss of ¥1.98bn (£13.4m) in the three months to May 31, compared with a net loss of ¥168m (£1.1m) in the same period last year. Net sales fell 5.8 per cent to ¥79.4bn (£535.8m).Founded in 1953, the retailer sells discount electricals and ...
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News
Suning poised to buy stake in Laox
China’s second largest home appliance chain Suning is poised to buy a ¥800m (£5.4m)stake in struggling Japanese consumer electronics retailer Laox. Suning will acquire 66.7 million shares at ¥12 (8p) a share. The deal will give it a 27 per cent holding, making it Laox’s largest shareholder. A formal arrangement ...
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News
Reliance Retail Digital to expand and launch private-label electricals
Reliance Retail Digital is to open a further 21 outlets this financial year and plans to launch private-label electrical products within months.The retailer has 14 stores at present, in cities including Mumbai, Jalandhar, Bangalore and Chennai.Reliance Retail Digital president and chief executive Ajay Baijal said that although there are risks, ...
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NewsCarphone Warehouse considers becoming TV provider
Carphone Warehouse’s telecommunications business is considering becoming a television provider after buying the UK assets of telecoms company Tiscali.
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NewsBrightHouse bolsters IT but trims openings
BrightHouse has curtailed its store opening plans as it ploughs money into transforming its IT infrastructure.
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GalleryCustomer interaction is core to Carphone Warehouse’s Wireless World format
Carphone Warehouse’s latest Wireless World format has a strong focus on customer interaction. John Ryan goes to Exeter for a tour
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NewsCity salutes Carphone’s deal for Vodafone return
Carphone Warehouse has celebrated the return of Vodafone three years after the operator withdrew its mobile phone contract offer in favour of an exclusive deal with rival Phones 4U.
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NewsBrightHouse EBITDA jumps 21.5 per cent
Rent-to-own electricals and furniture retailer BrightHouse has defied the economic gloom, revealing a 21.5 per cent hike in EBITDA to £29.4m in its full-year results.
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NewsT-Mobile UK parent considers asset swap deal
T-Mobile UK parent Deutsche Telekom is seeking an asset swap deal for the mobile phone operator and retailer, as it gears up to pull out of the UK.