All Electricals articles – Page 151
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News
Retail sales plummet in early January, CBI figures show
Nearly two thirds of retailers experienced a fall in sales volumes in the first half of January, and February is expected to be just as tough.
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News
Comet presses suppliers to pay for shopfloor displays
Electricals retailer Comet has told suppliers they must pay up to 15,400 to have each of their product lines displayed on the shopfloor.
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News
UK in recession as ONS reports December retail sales value fall
The UK plunged into recession for the first time since the early 1990s, official figures confirmed this morning.
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News
Troubled retailers close more than two in five shops
Financially troubled retailers have been closing more than two in five stores as the economic gloom on the high street deepens.
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Opinion
Electricals war is yet to be won
There’s little sign of a surge for electricals retailers this year.
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News
Circuit City stores close as business liquidated
Circuit City has become the US’s largest retail victim of the global downturn, leaving 34,000 staff jobless as all 567 stores close.
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Opinion
John Richards: Think it's bad? You've seen nothing yet
Plan for lower sales in 2009 and 2010 and you won’t suffer too many unpleasant shocks. The severity of the financial crunch and the excesses that led to it mean that the adjustment process must not only be painful but protracted.
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News
Fund set up to back retailers of the future
A consortium of retail entrepreneurs has united to create an investment fund to support fledgling UK retail businesses.
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Analysis
NRF: Brave New World
After a year of financial turmoil a more humble and socially aware retail industry was on show at this year’s National Retail Federation convention last week. Joanna Perry reports from New York
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News
Short selling on retail stock doubles
Short selling positions on retail shares have almost doubled between November and January, as investors bet on further misery for the sector.
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News
New chief executive for Best Buy as Brad Anderson retires
Brian Dunn has been named chief executive of Best Buy after vice president and chief executive Brad Anderson announced his retirement from the electricals retailer.
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News
Inflation falls to 3.1 per cent
Inflation fell to 3.1 per cent in December, down from 4.1 per cent in November, the Consumer Prices Index showed.
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News
Comet posts robust festive sales
Electricals retailer Comet's like-for-like sales dropped 2.5 per cent over the festive period, although 'strong' post-Christmas sales helped limit the fall.
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News
Empire Direct goes in to administration
Empire Direct, the UK’s largest independent electricals retailer, has gone in to administration.
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News
Retailer critical list grows
Retailers are set to face further distress in 2009 after the number of companies facing bankruptcy soared 81 per cent in the final quarter of 2008, according to a survey.
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News
BrightHouse sales up as consumers opt to rent
Rent-to-buy electricals and furniture specialist BrightHouse has revealed underlying revenue increased 13.5 per cent in the 13 weeks to December 28.
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News
Worst Christmas sales growth in London since 2004
London retailers experienced their worst like-for-like growth this Christmas since 2004. December sales in the capital were 0.7 per cent lower than a year ago on a like-for-like basis.
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News
DSGi picks new chairman
John Allan will take over as chairman of electricals group DSGi when incumbent Sir John Collins retires in September.
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Analysis
Supply Chain: Reverse psychology
Returns can be a costly burden, yet retailers’ supply chains are often ill-equipped to deal with them. Charlotte Hardie asks where savings can be made as unwanted gifts fly back to stores.
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News
Retail stocks languish as dismal Christmas fails to lift confidence
Hard-pressed retailers outperformed the All Share index as the first week of trading updates brought few nasty surprises.