All Electricals articles – Page 125
-
NewsGeneral retailers up but grocers subdued
Last week’s Super Thursday round of updates brought plenty of depressing news as big names such as Dixons and Halfords warned that profits would only make the low end of expectations.
-
NewsMobile Fun to up its reach with more websites
Mobile phone accessories etailer Mobile Fun is to expand further into Europe with the launch of websites in the Netherlands and Spain after notching up a record Christmas.
-
NewsInflation threat could prompt trading down
Shoppers are increasingly likely to switch supermarkets or swap to cheaper brands in the face of soaring food price inflation.
-
OpinionDixons down but not out
Now that most Christmas numbers are out, retail sector investors face a fundamental question: yes, the snow affected sales but were there deeper reasons for disappointing trading at particular companies?
-
News
Best Denki sales increase 0.8% to £1.9bn
Sales at consumer electronics retailer Best Denki increased 0.8% to ¥253.3bn (£1.9bn) in the nine months ended November 30, 2010.Operating profit was ¥4.8bn (£36.5m) compared with an operating loss of ¥3.8bn (£26m) in the same period the previous year. Net profit was ¥896m (£6.5m) compared with a net loss of ...
-
NewsAsda to open 22 new phone concessions this year
Asda will open another 22 phone shop concessions this year after a successful trial of two of them in its Manchester Eastlands and Sutton Coldfield superstores.
-
NewsPhones 4U outsources IT hardware support for stores
Phones 4U has signed a three-year deal with IT service management company Servo to manage its IT hardware support for all of its UK stores.
-
NewsApple hits $26.7bn revenue after record iPad sales
Apple has posted a record revenue of $26.74bn (£16.69bn) for the quarter ending December 25, up from $15.7bn (£9.79bn) a year ago.
-
NewsComet like-for-likes slump 7.3%
Electricals chain Comet has reported a slump in like-for-like sales of 7.3% over Christmas, hit by the bad weather and intense promotional activity.
-
NewsTesco Mobile chief executive quits
Tesco Mobile chief executive Lance Batchelor is leaving the supermarket.
-
NewsCarphone confident in Best Buy big-boxes
Carphone Warehouse remains convinced there is “substantial opportunity” for big-box Best Buy stores in the UK and has reported a like-for-like sales rise at its core mobile business over Christmas.
-
NewsO2 to close 40 stores and invest in remainder
Phone retailer and telecomms firm O2 is to close 40 of its 493 stores this year and instead invest in its best performing shops.
-
NewsJohn Lewis sales up 39% ahead of VAT increase
John Lewis sales soared 38.7% to £74.7m in the week to January 8, making it the largest weekly increase this financial year.
-
NewsBrightHouse sees demand surge but stays cautious
Rent-to-own electricals and furniture retailer BrightHouse has revealed a strong Christmas but cautioned that current trading has been tougher. Like-for-likes increased 9.8% in the 13 weeks to December 31, 2010.
-
News
Harvey Norman to expand in Malaysia
Australia-based electronics retailer Harvey Norman is to expand in Malaysia and plans to open 20 stores in the Klang Valley in the next five years.The expansion will cost in the region of MYR100m (£20.9m) as it invests between MYR5m (£1m) and MYR10m (£2.1m) per store in the coming years.
-
NewsDixons sales suffer as snow takes toll
Electricals market leader Dixons, owner of Currys and PC World, reported a 4% fall in like-for-likes at its core UK business over Christmas.
-
NewsArgos-owner Home Retail reports better than expected Christmas
Argos-owner Home Retail Group took a sales hit of between £20m and £30m hit over Christmas because of the snow but full-year profits are likely to be better than feared.
-
NewsShop price inflation rises to 2.1% in December
Shop price inflation rose to 2.1% in December, up from 2% in November, as rising costs pushed prices up.
-
NewsBrightHouse reveals strong Christmas and remains confident for 2011
Rent to own electricals and furniture retailer BrightHouse has revealed a strong Christmas trading period and feels confident of sustaining “robust” growth in 2011.