All Electricals articles – Page 3
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NewsApple profits and revenue decline as demand for iPhone weakens
Apple has posted a decline in profits and revenue as sales of products, in particular iPhones, dropped.
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GalleryEE opens new experience store in Bristol
EE has opened its newest experience store in Bristol showcasing the latest in connected technology as well as different zones for shoppers to explore.
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NewsEE opens second experience store this year
EE has opened another experience store in the UK following the successful launch of its debut store in Westfield London last year.
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NewsMarks Electrical posts record full-year sales
Marks Electrical revenue has reached a record £114.3m, despite an electronics slow-down and low consumer confidence for big-ticket items.
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NewsCurrys shareholder pushes for sale of ID Mobile
A major Currys shareholder is urging the electricals retailer to sell its mobile phones division, ID Mobile, in the aftermath of two abandoned takeover attempts.
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AnalysisHow Currys became one of the UK’s most productive retailers
Currys has leapfrogged into the top five in a ranking of The UK’s Top 30 Most Productive Retailers, according to new exclusive data.
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AnalysisWhat does Currys’ and AO’s raised profit guidance tell us about the struggling electricals sector?
Both AO and Currys have posted impromptu profit upgrades ahead of their full-year updates this spring. Given that the electricals market has been floundering, what do the recent profit announcements tell us about the future of the sector?
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NewsAO boss calls on UK government to fix ‘broken’ youth services
AO founder and chief executive John Roberts has called on the government to fix the UK’s “broken” youth services by spending £1bn a year on youth provision over the next decade.
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NewsAO hails ‘good momentum’ as it expects to hit profit guidance
Electricals retailer AO said today it expects to hit its previously pledged profit guidance and surpass £1bn in sales for the full year.
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AnalysisWhere does the collapse of bid interest leave Currys?
Currys today banished any disappointment at the collapse of bid interest by raising profit forecasts for the second time this year. As talk of a potential sale cools, what next for the electricals giant?
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NewsCurrys ups profit guidance after potential bidders walk away
Currys has upped its full-year profit guidance after it confirmed reports that both JD.com and Elliott Advisors had walked away from making potential bids to buy the retailer.
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NewsJD.com walks away from Currys takeover bid
Chinese ecommerce retailer JD.com has abandoned its plans to put in a formal bid to takeover Currys.
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NewsMusic Magpie 'confident' despite decline in profit and revenue
Music Magpie has reported a decline in overall revenue and profit for the year ending November 30, 2023.
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NewsElliott Advisors abandons Currys takeover plans
US investment firm Elliott Advisors has confirmed it is abandoning takeover plans for electricals retailer Currys.
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NewsCurrys completes sale of its Greek business Kotsovolos
Currys has completed the sale of its Greek business Kotsovolos after first entering a deal with Greek electricity supplier Public Power Corporation (PPC) in November last year.
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NewsCurrys launches new Fortnite game to help zap electronic waste
Currys has launched its first-ever game created in Fortnite to inspire Gen Z users to limit their electronic waste.
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NewsCurrys invests a further £13m in staff pay
Currys is investing a further £13m in colleague pay, which will see all hourly paid staff receiving a higher hourly rate and bonuses.
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NewsCurrys rejects second takeover proposal from Elliott Advisors
Currys has rejected a second takeover proposal from US investment firm Elliott Advisors because its increased offer still undervalues the company.
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NewsAO director says negative reviews drive better ‘everyday business decisions’
AO’s director of consumer and brand Vicky Monk said negative reviews drive the company to “be better” and make “everyday business decisions” as it reached 500,000 reviews on Trustpilot.
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Opinion‘Currys shareholders should hold out for a valuation that reflects long-term prospects’
For pretty much as long as China’s economic star has been in the ascendant, there has been speculation that one of its new generation of digital retail powerhouses might move to swoop on a venerable UK name.