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- 2018 -23 January
Mark Gifford resigns as Game’s CFO
Video game retailer Game has announced the resignation of its chief financial officer Mark Gifford. Gifford informed the board of his intention to leave so that he can focus on his other business and personal interests. An executive search has commenced to identify a suitable successor to his position. Commenting…
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16 January
Shop Direct posts 6.3% Christmas growth, appoints interim CEO
Shop Direct, which operates Very, Littlewoods and Very Exclusive brands, revealed its total group revenue increased by 6.3% during the seven weeks up to December 2017. The performance was driven by 16.8% growth in the Very brand, in what the group says is its “largest and fastest growing retail brand”.…
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12 January
GAME reveals first sales growth in two years
Video game retail store Game has posted its first positive sales growth in over two years. The retail group provided a trading update ahead of its annual general meeting, revealing that gross transaction value (GTV) was up 5.2% over the Christmas trading period and up overall by 3.8% for the…
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