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The latest electricals news

Full-year profits for Dixons will now be at the top end of estimates thanks to strong Q4 trading

Dixons sales rise sharply in its final quarter

- The management team of electricals retail group Dixons retail will feel satisfied with the success of its renewal & transformation programme this morning, after publishing vastly improving sales results.Full-year sales for the 52 weeks ending Apri...
10:03AM - Thu 10th May 2012
Smart TVs allow users to connect to the internet directly from their sets (image ©iStockphoto.com/pictafolio)

Retailers failing to maximise Smart TV sales

- The benefits of new Smart TVs are not being communicated well enough to consumers leading to lost sales, new research published today reveals.Smart TVs represent the next generation of television sets and allow users to connect directly to the int...
12:39PM - Mon 30th April 2012
Everything Everywhere is looking to consolidate some of its Orange & T Mobile branded stores

Everything Everywhere confirms 31 store closures

- Around 100 jobs are to be lost at Telecommunications firm Everything Everywhere as the group looks to consolidate its store portfolio.Everything Everywhere, which was formed by the merger of Orange and T Mobile in 2010, currently operates 750 stor...
12:01PM - Mon 16th April 2012
Maplin has hired John Cleland as its new CEO

Maplin hires ex-Somerfield boss as new CEO

- John Cleland has been appointed as the new CEO of specialist electronics retailer Maplin, it has been announced today.Having previously worked for Asda, B&Q and the former supermarket chain Somerfield, Cleland has plenty of retail experience to he...
04:59PM - Fri 23rd March 2012
A shot from Maplin's new TV advert

Maplin to air first TV ad in 7 years

- Electricals retailer Maplin will be showcasing a new advert on major commercial TV channels later this week, it was confirmed today.It has been seven years since Maplin last aired an advert on TV, with the new promotion, planned by media agency Ad...
04:44PM - Mon 20th February 2012
Comet is to slash its number of in-house engineers to try and cut its debts

Comet announces 450 job cuts

- Struggling electricals retailer Comet has today unveiled plans to shrink its in-house repairs services at a cost of as many as 450 jobs.OpCapita, the private investment firm which recently acquired the UK based business, has decided that resources...
10:16AM - Fri 10th February 2012
John Browett is stepping down as Dixons CEO after four years in the job

Dixons CEO poached by Apple

- John Browett has announced today that he will be standing down from his position as Group CEO of electricals retailer Dixons to join global consumer technology giant Apple.Current Group Operations Director Sebastian James will take over from Browe...
09:02AM - Tue 31st January 2012
Carphone Warehouse is looking to expand its number of Wireless World stores to boost its revenues

Carphone Warehouse sales down 4.7%

- Electricals and mobile phone retailer Carphone Warehouse (CPW) saw revenues and total number of connections fall in its third quarter, according to result published today.Its prepay market in the UK saw a 35 per cent to 40 per cent drop in the 13 ...
09:48AM - Tue 24th January 2012
Comet has struggled to attract customers into its store during the most important trading period of the year

Net debt at Comet rises by £10-15m

- Struggling electricals retailer Comet has today reported terrible Christmas trading which has pushed its level of debt far past what was anticipated when it was sold late last year.In November Kesa Electricals sold Comet for just £2 to private inv...
10:40AM - Thu 19th January 2012
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