Greece
This coverage examines Greece’s retail landscape and its influence on the UK market. Stay informed on how Greek retail trends, consumer behaviour, and new store openings impact UK-based brands and retailers expanding into Greece. Tailored for UK retail professionals, our reporting provides insights into cross-market strategies, international growth opportunities, and the evolving retail dynamics in both regions.
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Sep- 2023 -7 SeptemberElectrical
Currys LFL UK sales down 2% in Q2
Currys has revealed that its like-for-like in the UK and Ireland were down 2% for the 17 weeks ended 26 August 2023. Despite this the company stated that its revenue trends were better in July and August than in May and June. Currys stated that it saw robust sales in…
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Jul- 2023 -6 JulyElectrical
Currys axes dividend as full-year profits slump
Currys has scrapped its dividend after revealing both profits and sales fell in its full-year results, with the group hit by “depressed demand, high inflation and unforgiving competition”. In the full-year ended 29 April, adjusted profit before tax plunged 38% to £119m, down from £192m the prior year, in part…
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Jun- 2023 -16 JuneElectrical
Currys commences strategic review of Greek arm
Currys has announced that it is commencing a strategic review of its Greek business, Kotsovolos, which could lead to a sale of the operations. This comes as the board is of the opinion that the strength of the Kotsovolos brand, its long-term track record of profitability and market position are…
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May- 2023 -18 MayHigh Street
Pepco continues international expansion
Pepco has announced that it is set to launch in Portugal following its successful launch in Spain. The Poundland owner is set to open a new store in Coimbra on 18 May followed by new openings in Albufeira and Olhão during May 2023. The brand will also set up stores…
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17 MayClothing & Shoes
JD Sports profits set to top £1bn
JD Sports has announced that its profits for 2023-24 are expected to top £1bn after posting a profit before tax and adjusted items of £991m for the year ended 28 January 2023. The company believes that its profits for the next full year will fall in line with expectations which…
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Oct- 2021 -22 OctoberClothing & Shoes
JD Sports acquires sports retailer Cosmos
JD Sports has announced it has acquired 80% of the Greek sports retailer Cosmos Sport. The group was founded in Greece in 1982 by Fragiskos Tsiknakis, who continues to be active in the business. Since founding the business, he has handed over day-to-day operational responsibilities to his three sons, CEO…
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May- 2021 -14 MayElectrical
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 changing their name in the process. Across the United Kingdom and Ireland, Currys PC World, Carphone Warehouse and Team KnowHow will all become a single brand Currys by October 2021,…
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Dec- 2020 -16 DecemberElectrical
Dixons Carphone sales soar in half-year results
Dixons Carphone has announced that like-for-like electrical sales soared by 17% in the half-year ended 31 October 2020, despite the fact that stores in the UK, Ireland and Greece were shut for “substantial” periods throughout the year. In the same period, statutory profit before tax rose to £45m, up from…
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Sep- 2019 -6 SeptemberElectrical
Dixons Carphone bosses face backlash from investors over pay
Consumer electronics retailer Dixons Carphone is facing backlash from investors afters its AGM yesterday (5 September), over the pay and bonuses received by its management team. According to Sky News, it comes after the group’s CEO Alex Baldock was awarded shares worth over £2.3m earlier this year under a long-term…
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5 SeptemberElectrical
Dixons Carphone sales increase despite mobile sales decline
Consumer electronics retailer Dixon Carphone has reported an increase in like-for-like sales for Q1, following “strong” performance in white goods, tablets and gaming. During the 13 weeks to 27 July, UK and Ireland like-for-like sales increased by 2%. International sales also increased by 4%, with a 4% rise in the…
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