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Debenhams sublets US warehouse to cut costs

Debenhams sublets US warehouse to cut costs

Virgin Wines downgrades profit forecast as inflation hits margins

Virgin Wines downgrades profit forecast as inflation hits margins

Whole Foods Market opens new grocery store in St James

Whole Foods Market opens new grocery store in St James

Topic Hub

Electrical

Electrical focuses on the performance, innovation, and trends shaping the UK electricals and consumer electronics retail market. This section covers product launches, retailer strategies, supply chain developments, and the impact of technology and sustainability on sales and operations. Retail Sector’s Electrical coverage provides business insight and analysis for professionals across high street, ecommerce, and specialist retailers, examining how evolving consumer demand and market competition drive growth and transformation in this key retail category.

Electrical

Electrical focuses on the performance, innovation, and trends shaping the UK electricals and consumer electronics retail market. This section covers product launches, retailer strategies, supply chain developments, and the impact of technology and sustainability on sales and operations. Retail Sector’s Electrical coverage provides business insight and analysis for professionals across high street, ecommerce, and specialist retailers, examining how evolving consumer demand and market competition drive growth and transformation in this key retail category.

Currys introduces ‘inflation-beating’ pay boost

Currys has announced an “inflation-beating” boost of 6% to colleague pay thanks to an £8m…

Currys raises profit outlook amid ‘strong peak trading’

Currys has revealed that it expects its profit-before-tax to land between £145-155m for the…

Currys HY losses narrow as it warns of price rises

Currys has posted a loss before tax of £10m for the half year ended 26 October 2024, up from…

AO raises guidance as half-year profits hit £17m

Electrical retailer AO has raised its full-year forecast to between £39m and £44m, as…

Currys unveils UK&I store upgrades ahead of Xmas trading

Currys has announced a range of upgrades to its UK and Ireland stores ahead of the Golden…

AO World to acquire MusicMagpie in £10m deal

AO World has announced that it is set to acquire MusicMagpie in a deal worth £9.98m which is…

Gear4music on track for FY25 revenues of £154.7m

Gear4music expects that revenues for the year ending 31 March 2025 will be on track to hit a…

Currys revenues up 5% amid strong Euros performance

Currys has seen its UK and Ireland revenues jump 5% like-for-like in the 17 weeks ended 24…

Currys speeds up UK store investment programme

Currys has announced that it will be making further investments in its store portfolio,…

Dyson to cut up to one third of its UK workforce

Vacuum cleaner maker Dyson is reportedly planning to cut around 1,000 jobs, nearly one third…