The latest electricals news

What can retailers learn from Comet’s insolvency?

In 2011, Comet was bought by private equity group OpCapita for £2 but continued to struggle. The next year Deloitte was rushed in as administrators under a pre- pack rescue package. When Comet was liquidated nearly 7,000 employees were unfortunate...
09:08AM - Wed 16th July 2014
An O2 store

O2 extends next day delivery to 10pm

Mobile operator O2 has announced it will offer a 10pm deadline for next day delivery, becoming the first mobile firm to do so.O2 expects that over 3,000 customers a week will benefit by receiving their order 24 hours earlier than before.Tete Soto,...
05:32PM - Mon 14th July 2014
Carphone has agreed to sell its 46 per cent stake in Virgin Mobile France

Carphone and Virgin sell entire stake in Virgin Mobile France

Retail heavyweights Sir Charles Dunstone and Richard Branson have agreed to sell Virgin Mobile France to Numericable in a £265m (€325m) deal.Carphone, Europe’s biggest independent mobile phone retailer, owns 46 per cent of Virgin Mobile France’s h...
04:52PM - Mon 30th June 2014

AO World to enter Germany following sales surge

Pureplay online electrical retailer AO World has enjoyed strong sales growth since it floated on the stock exchange in March.The retailer, which benefited from Comet’s 2012 administration, saw sales shot up 45.4 per cent for the year but saw sales...
10:37AM - Thu 5th June 2014

Is it time for Apple to go back to basics?

Whilst the latest Which? report into customer satisfaction on the high street heralded praise for Lush, it’s likely to have been a rude awakening for Apple. It may be one of the largest and much-loved global brands, but it is seemingly failing cus...
11:11AM - Tue 27th May 2014

Carphone in exclusive talks to sell French phone business

Carphone Warehouse and other shareholders have confirmed they are in talks to sell its Virgin Mobile France business to the French cable unit of Altice, Numericable Group.The deal could be worth 325 million euros or about £265m.Earlier this week, ...
10:13AM - Fri 16th May 2014
The merger is expected to deliver cost savings of £80m on a recurring basis

Carphone and Dixons announce terms of £4bn merger

Mobile phones specialist Carphone Warehouse has announced its £4bn merger with electricals retailer Dixons.The merger is expected to accelerate the roll out of The Internet of Things to consumers as the fledging market for connected products grows...
11:21AM - Thu 15th May 2014

CeX first high-street retailer to trial Bitcoin

Second hand electronic retailer CeX has become the first high-street retailer to use online currency Bitcoin in one of its storesIt said it would only accept bitcoins in its Glasgow store for three days with transactions made in sterling not allow...
05:46PM - Tue 13th May 2014

Dixons and Carphone Warehouse to announce £4bn merger details this week

Dixons and Carphone Warehouse will reveal the terms of their £4bn merger this week which they say will create hundreds of jobs.The potential deal was officially announced on 20 February but its deadline has been extended by eight weeks.The deal, w...
11:56AM - Mon 12th May 2014

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