All Currys articles – Page 7
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News
Currys quits London HQ in favour of WeWork flexible office space
Currys is set to exit its west London headquarters after signing a deal with flexible office space group WeWork that will allow staff to work from 50 locations across the country.
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Data
Ranking: The UK’s 50 most-visited retail websites
Retail Week’s latest report showcases the businesses driving traffic in the crowded ecommerce market and reveals key insights for maximising customer retention.
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News
Currys raises staff pay as cost of living climbs dramatically
Electricals giant Currys has increased its hourly pay to a minimum of £10.
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Analysis
Tracker: Retail reacts to Russia’s invasion of Ukraine
Retail Week rounds up the actions being taken by retailers in response to Russia’s invasion of Ukraine. Last updated March 29, 2022.
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Opinion
‘As cost of living climbs, value-for-money battle will make or break retail success’
With consumers across the board feeling the pinch of rising prices, retailers should remember that value for money need not mean cheap, writes George MacDonald
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Future Leaders
M&S, Kingfisher and Lidl back major retail I&D programme
Fifteen major retailers and brands have joined forces with Be Inspired, Retail Week’s six-year-old diversity initiative to promote inclusivity across the industry in 2022 and beyond.
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Analysis
How Currys’ Baldock is preparing to navigate another year of supply chain challenges
Electricals market leader Currys is preparing for another year of supply chain difficulties following a peak period hit by disruption and shortages.
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News
Currys golden quarter sales slip in ‘softer’ electricals market
Currys has nudged down its profit guidance after suffering a decline in sales during the crucial Black Friday and Christmas trading period.
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Analysis
Who will be the retail winners and losers of 2022?
Which retailers will fly and flop in the year to come? We asked retail experts to share their tips for 2022.
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News
Currys boss Baldock: No justification for more Covid trading restrictions on retail
Currys chief executive Alex Baldock believes there are almost no circumstances in which further trading restrictions should be imposed on retailers as the latest Covid variant takes hold.
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News
Currys profits rise despite supply chain disruption
Currys has reported an uplift in profits during its first half and insisted it will “ride out” ongoing supply chain challenges and “bumpy demand” heading into 2022.
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Opinion
‘Retailers are encouraging Christmas shoppers back in store with excitement and theatre’
Currys, Kingfisher and Primark are just three of the retailers demonstrating the importance of the store to boosting customer engagement this golden quarter, writes Fran Minogue.
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Opinion
‘Currys’ strangers to friends strategy looks like a recipe for success’
Data has long been mooted as the key to customer loyalty, but Currys intends a personal and personalised strategy to set it apart from its competitors.
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Opinion
Alex Baldock: ‘Pasting on branding over nothing underneath just breeds cynicism’
“Baldock! Branding’s just flower-arranging, right?” The man firing this at me – years ago – was a Harvard professor of marketing, so I suspected a trick question. But it set me thinking.
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News
Currys ‘goes big’ on Black Friday and unveils on-demand delivery service
Currys will “go big” on Black Friday this year and is to launch an on-demand delivery service later this month.
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Analysis
Retail 2022: 59 CEOs reveal strategy for the year ahead
Leaders from Gymshark, Currys, Pets at Home, Levi’s and Beauty Pie are among 59 chief executives that have spoken to Retail Week in-depth about their 2022 strategy as part of a major new report
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Analysis
‘I want it and I want it now’: How Dixons and Screwfix are serving impatient shoppers
As rapid delivery services multiply across grocery, Retail Week explores how Dixons Carphone and Screwfix are joining the race to bring laptops and power tools to customers in half an hour or less.
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News
Dixons Carphone rebrands all UK businesses as Currys
Dixons Carphone has brought its four businesses together to become Currys.
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Retail Navigator Analysis
Currys (Overview)
Currys was formed in 2014 – originally as Dixons Carphone – following the merger of Dixons Retail and Carphone Warehouse Group, which developed an outlook to capitalise on the increasingly connected world. The retail group began to rebrand solely as Currys in May 2021, which will also see it launch a new “cloud-based” website featuring deep personalisation and a focus on product content.
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Retail Navigator Analysis
Currys (Financials)
Group sales at Currys declined 10.9% to £8,476m in the latest financial year to 27 April 2024 (FY2023). Having sold its Greek Kotsovolos business, Currys provided a continuing operations comparison, with sales falling 4% on a reported basis and 2% in constant currency for the year.