All Electricals articles – Page 150
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NewsRecession ‘will change retail for good’
The recession will fundamentally change retail for good, according to a report from Verdict Research.The report said the retail sector is in the mid-point of a lengthy reform. It said last year will be remembered as the beginning of a substantial contraction of the sector that had become bloated with ...
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NewsBest Buy scales back UK plans
US electricals retailer Best Buy is scaling down its UK plans but remains committed to the market.
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NewsJohn Lewis to launch standalone home and electricals format
John Lewis is to open standalone homewares and electricals stores in a bid to gain greater coverage of the UK market.
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NewsRetailers lead business revolt against Heathrow third runway
Retailers have called on Government to reconsider plans for a third runway at London’s Heathrow airport.
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Firebox mulls more ranges to increase sales
Gadgets e-tailer Firebox intends to widen its reach as it expands ranges to attract new customers and lift sales.
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NewsCarphone Warehouse seeks talent to prepare for Best Buy debut
Carphone Warehouse is to strengthen its sourcing and product development teams as it gears up for the debut of Best Buy next year.
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NewsDSGi to raise £310.6m
Electricals group DSGi has unveiled plans for a £310.6m rights issue and share placing.
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NewsDSGi signs network deal to cut store costs
DSGi has changed network supplier and signed a three-year deal with Azzurri Communications as part of a wider cost-cutting drive focused on stores.
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NewsRetail insolvencies rise 60 per cent
Retail collapses soared in the first quarter as companies fell victim to falling consumer confidence and a deteriorating financing environment.On average, more than seven retailers hit the wall a day in the three months to March. The number of insolvencies jumped 24 per cent on the previous quarter, according to ...
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NewsRetail sales bounce back in March
Retail sales volumes returned to positive territory in March, driven by a strong performance from food and fashion retailers.
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Tengelmann to relaunch online store Plus
Grocer Tengelmann plans to relaunch its non-food online store Plus later this year, according to reports. The project will extend the online shop’s product range to around 10,000 items by the end of this year.New product ranges will include electronics, DIY and furniture. The site will also feature innovations such ...
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NewsJessops unveils new-look flagship store
Jessops has unveiled its new-look flagship store on London’s New Oxford Street as part of plans to turn the beleaguered retailer around.
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NewsSir Terry Leahy heralds signs of economic stability
Tesco boss Sir Terry Leahy says confidence is bouncing back as the grocer records profits of £3bn.
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AnalysisWhat it’s like to work at Carphone Warehouse
Founded: in 1989 by Charles Dunstone, who set up the company from his attic. The first store opened in 1990Based: North Acton, LondonNumber of staff: 12,000 in the UK; 17,000 worldwideNumber of stores: 820 in the UK; more than 2,400 worldwideEmployee benefits: in addition to other benefits, staff are given ...
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Best Denki forecasts profit in current year
Electricals and consumer goods retailer Best Denki has forecast that it will notch up profits of ¥150m (£1m) in the year that began March 1, up from a net loss of ¥3.01bn (£21m).Best Denki blamed weak consumer spending and price deflation for last year’s losses. Sales in the year to ...
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NewsCarphone Warehouse says ‘banks open for business’
Carphone Warehouse said that confidence for the coming year is “as high as it has ever been” as the retailer pinpointed signs of “stability” in the banking sector and consumer confidence.
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NewsCarphone Warehouse to demerge its retail and telecoms operations
Carphone Warehouse has confirmed that it will split its retail and telecoms divisions in to two separately listed companies.
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NewsTesco to ramp up telecoms shops
Tesco is to double the number of in-store telecoms shops in its supermarkets by the end of the year.
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AnalysisService charges: Lip service to retailers or a plan of action?
The 10-point plan to reduce service charges announced last week promised action on an issue that has long infuriated retailers. Ben Cooper investigates how it is going to work in practice
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AnalysisWhat are you doing on Twitter?
The micro-blogging website is this year’s internet phenomenon, so can Twitter form part of a serious marketing and customer insight strategy for retailers? Joanna Perry investigates