All Electricals articles – Page 4
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NewsLargest Currys shareholder warns of ‘problem’ in UK equity market
Currys’ largest shareholder Redwheel has supported the board’s decision to reject an initial offer from Elliott Advisors and said the offer “highlighted a wider problem with the UK equity market”.
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NewsMike Ashley could play kingmaker in Currys deal
Retail tycoon Mike Ashley could be set to play a pivotal role in the Currys bidding war after buying up shares last year.
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AnalysisAs JD.com and Elliott eye a potential takeover, what does the future hold for Currys?
The starting gun has well and truly been fired in the race for a takeover of UK electricals retailer Currys, with reports emerging that US investment firm Elliott and Chinese ecommerce giant JD.com are both mulling bids
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NewsCurrys rejects ‘significantly undervalued’ takeover proposal
Currys has rejected a takeover proposal by US investment firm and owner of Waterstones Elliott Advisors as it “significantly undervalued” the company.
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NewsAO saves 70 jobs through buying mobile phone retailer
Online electricals retailer AO has acquired some assets of the mobile phone retailer A1 Comms, saving 73 jobs in the process.
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NewsEE to invest £6m in UK store estate over next 12 months
Mobile phone provider EE has announced it will invest a total of £6m into its UK store estate over the next 12 months as part of its ongoing retail strategy.
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NewsCurrys boss blasts ‘inflationary’ government proposals
Currys chief executive Alex Baldock has lashed out at government “meddling” heaping unnecessary pressure on the retail sector.
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NewsCurrys upgrades profit guidance despite sales slip
Currys expects full-year profits to exceed consensus expectations following a “successful peak trading period”.
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NewsAustralian retailer Harvey Norman to launch in England
Australian-owned lifestyle, technology and entertainment retailer Harvey Norman is launching in England for the first time, with a flagship set to open at the Merry Hill shopping centre in Dudley, West Midlands.
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NewsVery Group credits toys, gifts and beauty for ‘strong’ Christmas trading
The Very Group has credited the success of its toys, gifting and beauty categories for driving “strong” Christmas results as sales rise in a “challenging market”.
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NewsMarks Electrical reduces profit guidance despite sales rise
Marks Electrical has reduced its profit guidance despite growth in revenue and market share as “consumers remain highly price-conscious” in a challenging trading environment.
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NewsRetailers fear spring price rises and shortages due to Red Sea attacks
Non-food retailers and suppliers are preparing for possible price rises and even product shortages in the spring, as the unrest in the Red Sea continues.
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AnalysisGrey pound: which retailers are best at capturing over-50s spend?
To find out which retailers hit the mark with the older generation, CACI has used transaction data to reveal the brands that over-index with the over-50s and which Acorn consumer profile types they register with the most
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Opinion‘“No change” may be as good as it gets for retail this Christmas’
Shoppers are spending – but selectively. As retail’s golden quarter nears its crescendo, that was one of the messages from Currys chief executive Alex Baldock as the electricals giant revealed first-half results.
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NewsCurrys boss Baldock optimistic about Christmas as customers ‘treat themselves’
Currys chief executive Alex Baldock said customers have been “treating themselves” this year and he was positive about the festive season.
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NewsMusic Magpie credits record Black Friday for boosting performance
Music Magpie said a record Black Friday period has helped “offset a softer H1” as it posted its pre-close trading update to November 30, 2023.
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GalleryBang & Olufsen opens global flagship on New Bond Street
Luxury electricals brand Bang & Olufsen has opened a global flagship on New Bond Street, showcasing its range of speakers and televisions.
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NewsCurrys sales decline but profit guidance holds
Currys reported a decline in group revenue for the six months ending October 31, but made no change to profit guidance as trading remained in line with expectations.
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NewsCurrys unveils retail media network
Currys has unveiled its first suite of products available through its new retail media network, Currys Connected Media.
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NewsBoost in sales of toys and electricals as Black Friday footfall soars
Retailers have reported customers flocking for deals on toys and electricals ahead of Christmas as Black Friday footfall numbers surged across much of the country.