Electrical
The latest news, updates and analysis on the electronic goods segment of the the UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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Jan- 2022 -14 January
Currys lowers profit expectations to £155m amid 10% drop in sales
Currys has lowered its full year pre-tax profit expectations from £160m to £155m following a 10% drop in sales in…
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Dec- 2021 -15 December
Currys H1 profits hit £48m despite supply issues
Currys has reported that pre-tax profits hit £48m for the six-month period ending 30 October 2021, up from £45m reported…
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Oct- 2021 -29 October
Amazon to spend ‘several billion’ to manage supply shortages
Amazon has warned that it expects to incur “several billion dollars” of additional costs in the upcoming months as supply…
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7 October
Amazon opens first four-star store in the UK
Amazon has announced that it has opened its first four-star store outside of the US which offers a curated range…
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1 October
AO World hit by ‘challenging’ supply chain issues in H1
AO World has warned that growth in the first half of 2021 has been impacted by the ongoing shortage of…
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Aug- 2021 -23 August
Currys PC World launches new flexible mobile offering
Currys PC World has announced the launch of its new mobile offering shopping experience, which aims at allowing customers to…
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Jul- 2021 -1 July
AO World sees revenues soar 62% in FY21
AO World has seen group revenue soar 62% to £1.7bn in the year ended 31 March, 2021, as the group…
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Jun- 2021 -30 June
Dixons Carphone profits reach £33m amid online surge
Dixons Carphone has reported pre-tax profits of £33m for the year ended 1 May 2021, climbing from a £140m loss…
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May- 2021 -14 May
Dixons Carphone rebrands to Currys
Dixons Carphone is set to drop its name as the group rebrands to Currys, with all stores across the business…
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7 May
Dixons Carphone commits £25m to colleague investment
Dixons Carphone has announced that it will invest £25m in skills, wellbeing, and reward programmes for its colleagues over the…
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