All Electricals articles – Page 143
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NewsCarphone Warehouse reports steady trading in 'subdued' market
Carphone Warehouse has reported steady trading in both its retail and fixed line businesses for the 13 weeks to July 4, and said it is on track to meet full-year market expectations.
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Reliance Retail Digital to expand and launch private-label electricals
Reliance Retail Digital is to open a further 21 outlets this financial year and plans to launch private-label electrical products within months.The retailer has 14 stores at present, in cities including Mumbai, Jalandhar, Bangalore and Chennai.Reliance Retail Digital president and chief executive Ajay Baijal said that although there are risks, ...
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Suning poised to buy stake in Laox
China’s second largest home appliance chain Suning is poised to buy a ¥800m (£5.4m)stake in struggling Japanese consumer electronics retailer Laox. Suning will acquire 66.7 million shares at ¥12 (8p) a share. The deal will give it a 27 per cent holding, making it Laox’s largest shareholder. A formal arrangement ...
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Best Denki reveals widening net loss
Electricals retailer Best Denki revealed a widening net loss of ¥1.98bn (£13.4m) in the three months to May 31, compared with a net loss of ¥168m (£1.1m) in the same period last year. Net sales fell 5.8 per cent to ¥79.4bn (£535.8m).Founded in 1953, the retailer sells discount electricals and ...
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NewsCarphone Warehouse considers becoming TV provider
Carphone Warehouse’s telecommunications business is considering becoming a television provider after buying the UK assets of telecoms company Tiscali.
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NewsCity salutes Carphone’s deal for Vodafone return
Carphone Warehouse has celebrated the return of Vodafone three years after the operator withdrew its mobile phone contract offer in favour of an exclusive deal with rival Phones 4U.
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GalleryCustomer interaction is core to Carphone Warehouse’s Wireless World format
Carphone Warehouse’s latest Wireless World format has a strong focus on customer interaction. John Ryan goes to Exeter for a tour
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NewsBrightHouse bolsters IT but trims openings
BrightHouse has curtailed its store opening plans as it ploughs money into transforming its IT infrastructure.
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NewsBrightHouse EBITDA jumps 21.5 per cent
Rent-to-own electricals and furniture retailer BrightHouse has defied the economic gloom, revealing a 21.5 per cent hike in EBITDA to £29.4m in its full-year results.
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NewsT-Mobile UK parent considers asset swap deal
T-Mobile UK parent Deutsche Telekom is seeking an asset swap deal for the mobile phone operator and retailer, as it gears up to pull out of the UK.
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Brian Dunn officially takes up Best Buy chief executive role
Brian Dunn has officially taken up the position of chief executive of Best Buy. Dunn, a 24-year veteran of the consumer electronics retailer, had been the president and chief operating officer. He succeeds Brad Anderson, who served as Best Buy’s vice-chairman and chief executive for seven years.Dunn joined Best Buy ...
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AnalysisDSGi and Kesa powering up for the electricals battle with Best Buy
As US giant Best Buy prepares for its UK launch, the dismal results of UK leaders DSGi and Kesa show they must raise their game, says Amy Shields
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NewsVodafone signs Carphone deal after three-year hiatus
Carphone Warehouse is to start selling Vodafone UK contracts in its stores next week after a three-year hiatus.
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NewsMobile operator Orange builds larger high street presence
Mobile phone operator Orange is forging ahead with its expansion drive as it seeks to increase its footprint on the high street.
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NewsJohn Lewis celebrates ‘excellent’ sales week
John Lewis department stores put in their best sales performance of the year so far last week when turnover rose 2.2 per cent.
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NewsShock Kesa results top poor week for retail sector
Stores underperformed the market despite some impressive recent updates, and Anglo-French electricals group Kesa provided a reminder of how tough conditions remained with shocking results on Wednesday.