All Kesa articles – Page 7
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News
Hefty restructuring and poor trading hits Kesa
International electricals group Kesa will book restructuring charges of £9m and e10m (£8.8m) respectively at UK arm Comet and Spanish division Menaje Del Hogar.
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NewsComet social media contest seeks most out-dated gadgets
Electricals retailer Comet has launched a contest to find the most embarrassingly out-of-date electrical items still in use in the UK.
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NewsKesa like-for-like sales fall as further restructuring announced
Kesa has reported like-for-like sales across its electricals business were down 6.1 per cent in its full year to April 30, with total sales up 8.3 per cent.Like-for-like sales at its UK Comet chain dropped 7.7 per cent on a like-for-like basis for the year, with total revenues down 5.1 ...
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280 Comet staff in consultation
Electricals retailer Comet has begun a consultation with 280 of its office-based staff as it consolidates its head office functions and closes four of its 18 service centres.
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Comet presses suppliers to pay for shopfloor displays
Electricals retailer Comet has told suppliers they must pay up to 15,400 to have each of their product lines displayed on the shopfloor.
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Comet posts robust festive sales
Electricals retailer Comet's like-for-like sales dropped 2.5 per cent over the festive period, although 'strong' post-Christmas sales helped limit the fall.
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Kesa profits slump as Comet posts a loss
Electrical giant Kesa’s retail profit has slumped 71.2 per cent to 13 million in the six months to October 31.
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Interest rate cut met with caution by analysts
The Bank of England’s shock decision to slash interest rates to 3 per cent will help heavily indebted retailers, but analysts remain cautious about the immediate impact on consumers.
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Retailers criticised for high-interest pre-pay schemes
Critics are lambasting some of the UK’s most well-known high street stores for high-interest credit schemes targeting low-income consumers in run-up to Christmas.
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Kesa appoints new chief executive
Kesa Electricals has appointed a new chief executive Thierry Falque-Pierrotin to replace Jean-No l Labroue, who has decided to retire.
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Kesa: City reacts to first-quarter power failure
City analysts have reacted with horror after electricals group Kesa reported a first-quarter sales slump at its top businesses.
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Comet to make first-half loss as sales plunge
Anglo-French electricals group Kesa disclosed that sales have plunged at its flagship businesses, including UK chain Comet, which will make a first-half loss.
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Comet deputy managers face redundancy
Electricals retailer Comet is to make the post of store deputy manager redundant, in a move that is likely to mean more than 100 staff lose their jobs.
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Kesa warns on consumer confidence
Electricals giant Kesa has reported a 3.1 per cent increase in group retail profit to 141.3 million for its new financial year, but warned of difficult trading ahead.
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AnalysisIn sync: Retailers and suppliers warm to global data synchronisation
Retailers and their suppliers are slowly but surely warming to the idea of global data synchronisation, says Alison Clements
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Comet ups game with next-day delivery slots
Comet has become the first big UK electricals retailer to offer next-day delivery of large items.
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Comet suffers first like-for-like fall in two years
Electricals retailer Comet's like-for-like sales have dropped for the first time in more than two years, as parent Kesa Electricals posted results.
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Poor John Lewis trading fuels City fears as Tesco is attacked
John Lewis’s revelation that last week’s trading was the “toughest in recent memory” spooked an already panicky City.
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Kesa share buy-back to follow BUT sale
Electricals group Kesa expects to complete the €550 million ( 409 million) sale of French furniture chain BUT next month and will return cash to investors via a share buy-back programme.
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Kesa's BUT circled by consortium
A consortium led by investment bank Goldman Sachs is poised to make an offer for Kesa Electrical’s French furniture chain BUT.