All Electricals articles – Page 10
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Opinion
‘Retailers must be swift and decisive to win in the year ahead’
In the coming months, retailers’ focus should be on rising demand for value, the return of the experience economy and making omnichannel work better than ever, says McKinsey & Company’s Anita Balchandani
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Data
Data: Prices soar in April driven by furniture, electricals and books
Shop prices have reached record highs across all categories as cost pressures from the war in Ukraine and Shanghai’s lockdown mount.
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News
AO focuses on cash generation as sales fall
Electrical goods etailer AO.com has posted a fall in sales and said it would focus on cash generation in turbulent market conditions.
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Opinion
Currys people chief: ‘Closing our HQ makes us fit for the era of omnichannel colleagues’
After unveiling plans to swap its West London HQ for flexible office space, Currys chief people, communications and sustainability officer Paula Coughlan explains the thinking behind the move and how it sets the electricals giant up for a post-pandemic future.
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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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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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Data
Data: Four out of five consumers mull switching to discounters as cost of living soars
A new survey has found that four out of five UK consumers are considering switching to value or discount retailers due to the growing cost-of-living crunch.
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News
Studio formally calls in administrators following cash call crisis
Online retailer Studio has formally drafted in administrators after signalling the likelihood of collapse earlier this month.
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News
Exclusive: Music Magpie expands rental service to tablets, MacBooks and consoles
Music Magpie is expanding its rental subscription service into a series of new product categories, including tablets, games consoles and Apple MacBooks.
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News
Exclusive: Very reshuffles category teams and creates new retail ops division
The Very Group plans to reshuffle its retail team following the appointment of former Fenwick chief executive Robbie Feather as managing director of retail.
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News
AO to review German business as supply issues and marketing costs bite
AO has said it will explore options for its German arm as a number of issues impacted its revenues over the past nine months.
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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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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
Super Thursday delivers a Christmas cracker – but is the retail party over?
Despite surging numbers of Covid-19 cases and a perfect storm of external pressures threatening to derail the golden quarter, retail has delivered a merry Christmas. What did Super Thursday’s trading updates tell us about the sector’s seasonal performance – and the year ahead?
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Analysis
Data: Which retail sectors will prosper in 2022?
Whisper it quietly, but there are signs the coronavirus clouds are starting to lift from over the retail sector. If 2021 was the year businesses began adapting to the ‘new normal’ created by the pandemic, 2022 could be the year they slip into full recovery mode.
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Opinion
‘How green can retailers become and still turn a profit?’
Over the past few years there has been a noticeable shift in consumer behaviour with people becoming more conscious about what they buy and how they shop.
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News
Online shopping drives 2021 consumer spending above pre-pandemic levels
A surge in online shopping, pet ownership and streaming subscriptions saw consumer spending in 2021 surpass 2019 levels.
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Analysis
What’s new for 2022? Tesco, Primark and Kingfisher bosses predict the year ahead
After almost two years of upheaval sparked by the coronavirus crisis, what comes next for retail? From climate change to customer service, purpose to personalisation, bosses of some of Britain’s biggest retailers predict the trends and themes that will dominate 2022.
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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.