All Electricals articles – Page 91
-
NewsMobile phone retailer EE to close 78 stores by April
Mobile phone retailer EE is to close 11% of its UK store estate following a review of its retail operation with 78 of its 700 shops set to close before the end of April.
-
News
Best Buy reveals slight revenue decrease
Consumer electronics specialist Best Buy has revealed revenues of $12.8bn (£7.97bn) for the nine weeks ending January 5. That compares with $12.9bn (£8.03bn) for the nine weeks ending December 31, 2011.Turnover was down slightly because of a comparable stores sales fall of 1.4%.The performance was seen as encouraging for Best ...
-
AnalysisAnalysis: Why the shutters closed on camera specialist Jessops
Following last week’s collapse of camera specialist Jessops into administration and the closure of stores, Tiffany Holland focuses on the reasons for the retailer’s decline.
-
News'Phenomenal' tablet demand drives Christmas sales surge at Dixons
Electricals retailer Dixons reported strong Christmas trading as UK like-for-likes rose 8%, driven by “phenomenal” sales of tablets and the collapse of rival Comet.
-
AnalysisAnalysis: Retailers’ new Sales strategies to meet consumer demand
Promotional activity has altered over the past few years. Retailers push online discounts and break from traditional January Sales, so what’s the best tactic to pursue?
-
NewsJessops axes 77 more jobs as interested parties circle online business
Collapsed camera retailer Jessops axed another 77 jobs yesterday, as “several” parties remain interested in acquiring the Jessops brand and online business, it is understood.
-
NewsClosure of all 187 Jessops stores starts as axe falls on 1,370 jobs
The closure of all 187 Jessops stores will begin today after administrator PwC said the retailer can no longer trade without supplier support.
-
NewsJessops: List of store closures
All 187 Jessops stores will begin shutting today after administrator PwC said the retailer can no longer trade without supplier support.
-
NewsJohn Lewis' first week of Clearance Sale drives 26% revenue uplift
John Lewis’ first full week of its Clearance Sale “continued momentum” from Christmas as turnover at the department store surged 26% to £91.8m in the week to January 5.
-
NewsWould-be Comet white knight Coombes still aiming to resurrect brand
Would-be Comet white knight Clive Coombes is still aiming to buy the Comet brand after lodging four failed bids to buy the collapsed retailer since it went bust in November.
-
NewsFormer Jessops chairman David Adams blasts HSBC over collapse
The former chairman of Jessops David Adams has criticised the collapsed camera specialist’s largest shareholder HSBC for dismissing “out of hand” a private equity-backed approach he claimed he made for the business last summer.
-
AnalysisJessops timeline: Charting the company's history
A look at the history of camera specialist retailer Jessops which collapsed into administration yesterday.
-
NewsJessops collapse blamed on suppliers changing credit terms
Jessops is understood to have filed for administration after suppliers Nikon and Canon changed the credit terms and cut the payment period.
-
OpinionComment: Jessops' dullness was its downfall
There was more gloomy news in the electrical retail sector over Christmas and the New Year with the combination of Comet’s demise and the news yesterday that Jessops has called in the administrators.
-
NewsM-commerce drives 5% Christmas sales growth at Shop Direct
Shop Direct sales jumped 5% in the six weeks to December 29 driven by mobile commerce.
-
OpinionComment: Jessops' failure reflects declining market
The failure of Jessops would represent the latest in a long line of casualties within the UK electricals market.
-
NewsUPDATED: Jessops collapses into administration, store closures expected
Jessops has collapsed into administration with PwC appointed as administrator, as tipped by Retail Week this morning.
-
NewsFood price inflation eases
Food price inflation fell in December as a result of competition in the grocery sector and easing commodity prices.
-
NewsPhones 4U Christmas like-for-like sales surge 15.8%
Phones 4U retail like-for-like sales soared 15.8% in December following momentum built up over a strong year.
-
NewsChristmas retail like-for-likes edge up 0.3%
Retailers are preparing for a flat trading year after like-for-like sales edged up just 0.3% in the critical December trading period, against a 2.2% increase in the same month the previous year.