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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Nov- 2022 -17 November
AO expands fleet with 130 new delivery vans
Online electricals retailer AO has acquired 130 new home delivery vans from Fraikin, as part of an ongoing contract hire…
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Oct- 2022 -3 October
Currys confirms third hourly pay increase in 13 months
Currys has announced an additional rise for hourly paid colleagues in the UK by a further 3.5% to £10.35 per…
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Jul- 2022 -27 July
Music Magpie posts H1 loss amid revenue drop
Music Magpie has posted a first half loss of £0.7m, down from profits of £4m, in the six months to…
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7 July
Currys warns of ‘uncertain’ outlook despite profit rise
Currys has warned that its outlook for consumer spending is “uncertain”, despite reporting that pre-tax profits jumped 19% year-on-year from…
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4 July
Amazon launches first UK fleet of e-cargo bikes
Amazon has announced the launch of its first fleet of e-cargo bikes and walkers in the UK, creating a new…
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Jun- 2022 -9 June
AO to close German business amid ‘deteriorating’ outlook
AO World plc (AO), the online electricals retailer, has decided to close its German business due to the “continuing deterioration”…
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Apr- 2022 -26 April
Apple expands recycled materials used across products by 20%
Apple has revealed it has increased the use of recycled materials across its products, with nearly 20% of all materials…
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11 April
Marks Electricals sees revenues surge to £80m
Marks Electricals has hailed a strong year of revenue growth for the full-year ending 31 March 2022 as its revenues…
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Mar- 2022 -28 March
Currys introduces hybrid working policy with new WeWork partnership
Currys has launched a new hybrid working model for all corporate and commercial employees in the UK after signing a…
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16 March
Currys boosts hourly base rate for colleagues
Currys plc has today announced a 5.2% increase to the minimum pay rate of its hourly paid colleagues in the…
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