Connecting to LinkedIn... launches new trade-in service


Variety goods retailer has launched a trade-in service for electrical items and entertainment products, it was announced yesterday. allows users to easily dispose of all their unwanted CDs, DVDs, games and hardware including mobile phones, digital cameras, iPods, tablets and similar technology.

It is hoped that the promotion will encourage customers to clear out unwanted goods in the run-up to Christmas.

Recycling credit can then be used on any of the items available on the website, as sought-after products such as the Apple iPad can fetch as much as £400.

Typical prices for other popular tech include £135 for an Apple iPhone 3G S 32GB, £12.50 for a Sony Cyber-shot W270 digital camera, £30 for a Nintendo DSi and popular music CDs for 50p each.

Electricals sales have decreased during the last 12 months as the sector continues to struggle amid the decline in demand for non-essential items.

However, the Hut Group is bucking this trend, having reported a 70 per cent year-on-year rise in group sales according to its year-end results published in January. The company said trading had increased from £51 million to £87 million in the 12 months to December 31st 2010.

Matthew Moulding, CEO of The Hut Group, said at the time: “The growth in our product offering over the last 12 months means we start 2011 with a strong and unique proposition.

“Our focus for 2011 is to continue to drive strong organic growth by further improving the offering to our customers while delivering improved service.”

Published on Friday 07 October by Editorial Assistant

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