All Currys articles – Page 5
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Analysis
Four of the biggest innovations coming out of global retail
Published today, The Global Innovation Report takes a detailed look at retailers and brands spanning 18 international markets for inspiration on new thinking, technology and partnerships to drive a path forward. Here we highlight four significant innovations
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Analysis
Is refurbished technology the future of electricals retailing?
Interest in secondhand products is at an all-time high, with preloved fashion, furniture and books currently all the rage, but is the same true for technology?
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News
Currys launches scheme to support digitally excluded customers
Currys has launched a new initiative that offers deals on broadband and discounted refurbished devices to customers experiencing digital poverty.
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News
Frasers Group ups stakes in N Brown and Currys
Frasers Group has increased its stakes in fashion retailer N Brown and electricals retailer Currys in a continued shopping spree for Mike Ashley’s retail empire.
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Analysis
What Currys and AO results tell us about electricals sector
Two of the UK’s biggest electricals retailers announced their full-year results this week, which revealed a mixed picture for both groups.
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News
Currys profits fall as Nordics success ‘brought to abrupt halt’
Electricals giant Currys has posted a fall in full-year profit after its long track record of Nordics success “was brought to an abrupt halt”.
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News
Frasers continues acquisition streak with stakes in Currys and Boohoo
Frasers Group has acquired an 8.9% stake in electricals retailer Currys and a 5% stake in online fashion retailer Boohoo in a continued string of acquisitions for Mike Ashley’s retail empire.
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News
Currys launches strategic review of Greek business
Electricals retailer Currys has begun a strategic review of its Greek division, Kotsovolos, which could lead to a sale.
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News
Currys profits to beat expectations as UK performs strongly
Electricals giant Currys reported that earnings will come in ahead of guidance as the core UK and Ireland business traded ahead of expectations.
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Data
Ranking: The UK retailers with the biggest international sales
After several years of staying close to home, it’s no surprise that, even with the cost-of-living crisis, more than 60% of Brits are planning an overseas holiday this year – up by 10% on last year, according to research by American Express.
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News
Currys announces fourth pay rise in 18 months for store staff
Currys has announced a fourth pay rise in 18 months for nearly 10,000 store colleagues in the UK.
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News
Currys appoints new Nordics boss to help ‘restore healthy levels of profit’
Currys has appointed Fredrik Tønnesen as its new Nordics chief executive officer in a bid to help the division navigate a challenging market and tough consumer environment.
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News
Currys to trial selling refurbished devices due to consumer demand
Electricals giant Currys is to trial sales of more refurbished devices on its website as consumer demand for second-hand tech grows.
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Innovation of the Week
Innovation of the Week: Currys trials new AI robots at its Birmingham store
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts
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Analysis
Analysis: How consumers shopped the electricals sector this Christmas
Once a stalwart of Christmas and Boxing Day Sales shopping, the pressure from the cost-of-living crisis meant electricals presented a mixed bag for retailers over this festive season.
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News
Currys confident UK performance will offset decline in international arm
Currys’ revenues fell over the festive period, although the retailer’s UK and Ireland business delivered better-than-forecast results to offset issues internationally.
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News
Exclusive: Air fryer prices rocket by up to 90% in the past year
Air fryers have soared in price over the past year as demand for low-energy home appliances grows during the cost-of-living crisis.
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Analysis
Deep dive: Are we witnessing the death of the retailer HQ?
As hybrid working, advances in technology and cost pressures make the traditional head office less viable, Retail Week asks whether its days are numbered
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News
Retailers ‘deeply dishonest’ about January Sale prices
Almost half of products were more expensive at the start of the year than in the latter half of 2022.
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News
Currys issues profit warning as international business nosedives
Electricals giant Currys has issued a profit warning after margins were squeezed by discounting rivals, leaving its international business floundered.