All Electricals articles – Page 5
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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.
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NewsAO upgrades profit guidance as it continues to deliver ‘profit and cash generation’
Electricals specialist AO has upgraded its full-year profit guidance after focusing on delivering “profit and cash generation”.
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NewsMusicMagpie in sale talks with The Body Shop buyer
Music Magpie is in “early-stage discussions” with potential buyers as it seeks a private sale.
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AnalysisGolden quarter: How retailers are preparing for another cash-strapped Christmas
With the macroeconomic environment looking gloomier than ever, we spoke to some of the UK’s biggest retailers to get their take on whether this year’s festive season will be feast or famine.
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NewsCurrys research reveals boom in secondhand tech
Research by electricals giant Currys reveals that 36% of Brits are likely to purchase secondhand tech while shopping on Black Friday and for Christmas.
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NewsCurrys to sell Greek business for £175m
Currys has entered an agreement to sell its Greek business, Kotsovolos, to Greek electricity supplier Public Power Corporation (PPC) as it aims to strengthen its balance sheet and focus on the UK, Ireland and Nordic markets.
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AnalysisStrategy spotlight: Five ways Marks Electrical is disrupting its competitors
In its most recent update, Marks Electrical reported a 24.8% increase in revenue, making it the UK’s fastest-growing electrical retailer. Firmly establishing itself as a challenger to larger competitors such as Currys and AO, what can others learn from its success?
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News‘Challenging’ market conditions hit Very Group results
The Very Group has posted its full-year results, showing relatively flat revenue and a mixed sales performance.
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AnalysisBlack Friday: Retailers confident of festive boost despite consumer caution
After one of the roughest years for consumer confidence on record, retailers are entering the golden quarter on less sure footing than ever.
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AnalysisStrategy spotlight: Five ways Very Group aims to be a world-class digital leader
The Retail Week analyst team examines five ways the digital retailer The Very Group is striving to become a “world-class” leader in its field.
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InterviewQ&A: Back Market UK general manager’s mission to eliminate e-waste
Launched in 2014 in France as a marketplace for buying and selling refurbished tech, Back Market has been rapidly growing in the UK since it arrived here three years ago. Back Market’s general manager for the UK Katy Medlock speaks to Retail Week about the brand’s journey so far and fulfilling its purpose to eliminate e-waste.
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NewsMarks Electrical posts revenue growth with ‘continued market share gains’
Marks Electrical has posted a boost in revenue and continues to gain market share in the major domestic appliance and consumer electronics markets.
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NewsCurrys Greek business receives bids from ‘several potential buyers’
Currys is weighing up offers for its Greek and Cypriot business Kotsovolos after receiving interest from “several potential buyers”.
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NewsRetail sales slow in September despite falling inflation
UK retail sales slowed in September as the “high cost of living continues to bear down on households”, according to the BRC-KPMG Retail Sales Monitor.
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NewsCurrys to recruit 1,100 employees for golden quarter
Currys plans to create more than 1,100 new roles over the peak trading period that covers Black Friday, Christmas and January Sales.
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NewsCurrys posts dip in revenue as profit guidance remains ‘unchanged’
Currys has posted a decline in group revenue for the 17 weeks ending August 26, 2023, but has made no changes to its profit guidance for the year.
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Opinion‘Fashion stands out as signs bode well for retailers this Christmas’
Categories such as fashion look well positioned for success as the golden quarter nears, believes PwC’s Lisa Hooker
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NewsMarks Electrical hails strong sales ahead of AGM
Marks Electrical hailed strong sales growth in the first four months of the year “driven by excellent customer service” ahead of its AGM today.