All Currys articles – Page 3
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News
Currys set to revamp stores to improve customer experience
Electricals giant Currys is preparing to transform some of its stores to create an improved customer experience.
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News
Currys to beat profit guidance after ‘strong finish to year’
Electricals specialist Currys expects annual profits to come in ahead of expectations after returning to like-for-like growth at group level.
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Analysis
Can a bumper summer of sport boost retail spend?
A summer of sport is nearly upon us with Euro 2024 and the Olympic Games hitting our screens in the next few weeks. Retail Week asks whether these two sporting spectaculars might prompt consumers to splash the cash
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News
Currys chooses tech partners to deliver AI transformation
Currys has selected Accenture and Microsoft to help deliver its core cloud technology infrastructure and leverage the newest AI technologies.
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Analysis
Supply chain strategy: How WHSmith, Co-op and Inditex found their missing links
Third-party tie-ups are a central part of the modern retail supply chain and are only becoming more strategic. In this exclusive excerpt from Retail Week’s Supply Chain 2025 report, discover how some of the country’s biggest retailers are collaborating to improve operations
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News
Currys shareholder pushes for sale of ID Mobile
A major Currys shareholder is urging the electricals retailer to sell its mobile phones division, ID Mobile, in the aftermath of two abandoned takeover attempts.
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Analysis
How Currys became one of the UK’s most productive retailers
Currys has leapfrogged into the top five in a ranking of The UK’s Top 30 Most Productive Retailers, according to new exclusive data.
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Analysis
What does Currys’ and AO’s raised profit guidance tell us about the struggling electricals sector?
Both AO and Currys have posted impromptu profit upgrades ahead of their full-year updates this spring. Given that the electricals market has been floundering, what do the recent profit announcements tell us about the future of the sector?
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News
Currys boss warns Labour employment reforms risk making people ‘poorer’
Currys chief executive Alex Baldock has said Labour’s workers’ rights plan risks “making people inadvertently poorer”, as business leaders express doubt over the party’s reforms.
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Analysis
Where does the collapse of bid interest leave Currys?
Currys today banished any disappointment at the collapse of bid interest by raising profit forecasts for the second time this year. As talk of a potential sale cools, what next for the electricals giant?
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News
Currys ups profit guidance after potential bidders walk away
Currys has upped its full-year profit guidance after it confirmed reports that both JD.com and Elliott Advisors had walked away from making potential bids to buy the retailer.
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News
JD.com walks away from Currys takeover bid
Chinese ecommerce retailer JD.com has abandoned its plans to put in a formal bid to takeover Currys.
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Opinion
‘Recent retail volatility has created M&A bargains’
The stock market’s lacklustre interest in retail is beginning to reflect in bid activity from investors attracted by some extremely low valuations, observes Matt Truman
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News
Elliott Advisors abandons Currys takeover plans
US investment firm Elliott Advisors has confirmed it is abandoning takeover plans for electricals retailer Currys.
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News
Currys completes sale of its Greek business Kotsovolos
Currys has completed the sale of its Greek business Kotsovolos after first entering a deal with Greek electricity supplier Public Power Corporation (PPC) in November last year.
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News
Currys launches new Fortnite game to help zap electronic waste
Currys has launched its first-ever game created in Fortnite to inspire Gen Z users to limit their electronic waste.
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Data
Data: Aldi tops ranking of most productive retailers
Aldi leads the top 30 most productive multichannel retailers with a product offer that appeals to cash-strapped consumers and its focus on efficiency, a Retail Week report launched today reveals.
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News
Sector left ‘bitterly disappointed’ as calls for reform once again fall on deaf ears
Currys boss Alex Baldock has slammed today’s Budget as “bitterly disappointing”, as the retail sector’s ongoing calls for reform on issues like business rates fell on deaf ears.
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News
Currys invests a further £13m in staff pay
Currys is investing a further £13m in colleague pay, which will see all hourly paid staff receiving a higher hourly rate and bonuses.
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News
Currys rejects second takeover proposal from Elliott Advisors
Currys has rejected a second takeover proposal from US investment firm Elliott Advisors because its increased offer still undervalues the company.