All Electricals articles – Page 148
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AnalysisDSGi and Kesa powering up for the electricals battle with Best Buy
As US giant Best Buy prepares for its UK launch, the dismal results of UK leaders DSGi and Kesa show they must raise their game, says Amy Shields
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News
Brian Dunn officially takes up Best Buy chief executive role
Brian Dunn has officially taken up the position of chief executive of Best Buy. Dunn, a 24-year veteran of the consumer electronics retailer, had been the president and chief operating officer. He succeeds Brad Anderson, who served as Best Buy’s vice-chairman and chief executive for seven years.Dunn joined Best Buy ...
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NewsVodafone signs Carphone deal after three-year hiatus
Carphone Warehouse is to start selling Vodafone UK contracts in its stores next week after a three-year hiatus.
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NewsMobile operator Orange builds larger high street presence
Mobile phone operator Orange is forging ahead with its expansion drive as it seeks to increase its footprint on the high street.
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NewsJohn Lewis celebrates ‘excellent’ sales week
John Lewis department stores put in their best sales performance of the year so far last week when turnover rose 2.2 per cent.
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NewsHalfords calls on mobile phone market to offset sat-nav slump
Halfords is to start selling mobile phones online and in 100 of its largest stores as it seeks to expand its in-car technology offer.
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News
Shares at Gome rally
Shares at electricals retailer Gome have rallied after a seven-month suspension in trading when it revealed that US private equity firm Bain Capital will invest up to US$418m (£254.5m) in it.The deal gives Bain up to 23 per cent of shares, making it the second-largest shareholder, and will lend beleaguered ...
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NewsShock Kesa results top poor week for retail sector
Stores underperformed the market despite some impressive recent updates, and Anglo-French electricals group Kesa provided a reminder of how tough conditions remained with shocking results on Wednesday.
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NewsNew Best Buy chief Brian Dunn takes up the reins
Brian Dunn has officially stepped into the position of chief executive at Best Buy.
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NewsDSGi profits tumble
Profits at PC World and Currys owner DSGi slumped 78 per cent in the year to May 2.
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NewsKesa slumps to full-year loss
Kesa has reported an £81.8m full year loss and said that it does not expect a recovery this year.
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NewsIncoming DSGi chairman appointed non-exec director
Incoming DSGi chairman John Allan has been appointed a non-executive director of the electricals retailer.
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NewsHouseholds better off but still reluctant to spend
The average household’s discretionary income has risen by 25 per cent to £1,075 over the past 12 months, but consumers remain cautious about splashing out in stores.
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OpinionDSGi begins to show spark
Electricals rivals Kesa and DSGi both post full-year results next week. There hasn’t been much spark in either lately. But as Best Buy limbers up to take on the European incumbents next year, there are signs that the pair are getting into shape.
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NewsBest Buy first-quarter profits fall
First-quarter profits at US electricals retailer Best Buy have been impacted by restructuring costs, including those incurred by its joint venture with Carphone Warehouse.
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NewsKesa to sell Swiss business
Kesa has entered exclusive talks with Swiss electricals retailer FUST to sell its Swiss operation for CHF20m (£11.4m).
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NewsDavid Ross raises £38m from Carphone Warehouse share sale
Former Carphone Warehouse director David Ross, who stood down as deputy chairman last December, has sold 24 million shares in the retailer – about 15 per cent of his stake.
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AnalysisCarphone Warehouse gets serious about customer service
Behind every great store is great customer service. And, echoing US partner Best Buy, Carphone Warehouse is on a mission to become best at it by making life easier for store staff. Joanna Perry finds out how
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NewsArgos trials festival store at Isle of Wight
Argos is testing a new mobile store format at this weekend’s Isle of Wight music festival.
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AnalysisWhat it’s like to work at…Comet
The inside view from head of HR Julie HendeyWhat makes the ideal employee?“People who are team oriented, passionate about being the best and who ensure their customer, internal or external, is delighted with the service they receive.”What is the Comet ethos? “In every interaction between customers and colleagues we strive ...