All Electricals articles – Page 94
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OpinionComment: Dixons needs to tackle falling sales in southern Europe
Rather like Gatwick Airport, Dixons is split between the north and the south, and although life is generally grim ‘up’t north’, in Dixons’ case it is the other way around.
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AnalysisDixons: What the analysts say
Dixon’s improvement has continued with sales flat but life-for-like growth of 3%. The UK & Ireland division grew by 2% and posted a profitable first half for the first time in five years today. The news was welcomed by the City.
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NewsDixons falls to £22.2m first half loss as UK makes first profit in five years
Dixons’ UK business returned to the black in its first half for the first time in five years.
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NewsOpCapita finally says “sorry” as 5,000 Comet employees face redundancy
Former Comet owner OpCapita has finally spoken out as 5,000 staff are set to be made redundant by Christmas.
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News
Electronics specialist Darty to sell Italian business
French electronics specialist Darty is to sell its Italian business to DPS Group, while retaining a 15% stake.Darty will pay the electrical goods and services provider E3m (£2.4m) as part of the deal to offload its 20 stores. The transition will cost Darty about E11m (£8.9m). In its last fiscal ...
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NewsComet: List of stores to close next week
Comet is to close 12 stores on the December 3. Comet is to shut all of its stores by December 18 unless a buyer for the business can be found.
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NewsClive Coombes sets out rescue vision for Comet
Property tycoon Clive Coombes has set out his vision to rebuild Comet if he pulls off a last-gasp deal to save the electricals retailer.
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AnalysisProfile: John Roberts, chief executive, DRL
The chief executive of DRL has set his sights on rescuing the Comet brand to expand his electricals group. Gemma Goldfingle reports
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NewsAll Comet stores set to close before Christmas
Comet is to shut all of its stores by December 18 and close its distribution centre this week unless a buyer for the business can be found.
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AnalysisAnalysis: Is Clive Coombes really Comet's white knight?
It emerged today that property tycoon Clive Coombes could save up to 180 Comet stores from closure if his bid is accepted by administrator Deloitte. Retail Week takes a look at the implications.
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NewsHope for Comet staff as white knight emerges
Staff at collapsed electricals chain Comet have been given a glimmer of hope as a white knight has emerged willing to take on up to 180 stores.
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AnalysisComet: The state of play
Almost a month after Comet’s collapse into administration, Retail Week takes a look at the state of play at the beleaguered retailer.
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NewsTK Maxx circles 25 Comet stores
Discount fashion outlet TK Maxx has joined the race to secure a package of Comet stores, as administrator Deloitte prepares to close another 14 by the end of the week.
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AnalysisComet: Who is Appliances Online owner DRL?
Etail group DRL, owner of Appliances Online, is vying to buy the Comet brand to trade online. However, many may not be familiar with the online electricals group. Retail Week takes a closer look at the company.
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NewsBidder poised to take 140 Comet stores
A bidder has tabled a bid to take on for 140 stores from collapsed electricals retailer Comet.
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News
Best Buy to close stores as part of turnaround plan
Electricals retailer Best Buy will close stores on an ongoing basis as part of a turnaround plan from new chief executive Hubert Joly. Closures will be based on store size – larger shops are likely to be targeted – proximity to other Best Buy sites and profitability. Best Buy hopes ...
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NewsEtailers consider bids for Comet assets as closure of stores begins
Appliances Online owner DRL has emerged as a bidder for the Comet brand as the fascia looks poised to disappear from retail parks for good.
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News
Electricals retailer Darty reports fall in revenue
Electricals retailer Darty, formerly Kesa, reported a 2.2% fall in revenue for the six months to October 31.The drop reflected a poor performance in the retailer’s domestic market, where sales slipped 3.9%, and its developing division (Spain, Italy and Turkey), where sales fell 2.6%.Like-for-likes showed a similar pattern, falling 1.7%. ...
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NewsComet makes further head office redundancies
Comet administrator Deloitte has made 735 further redundancies across the retailer’s head office, logistics division and home delivery network.
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NewsComet: List of first stores to close
Comet administrator Deloitte has earmarked 41 shops are to close by the end of this month. Here is a list of the first 27, which all began closing down Sales on Saturday.