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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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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Feb- 2022 -4 February
Currys begins search to replace Livingston as chairman
Currys, the electrical retailer, has reportedly begun its search for a new chairman to eventually succeed Lord Livingston of Parkhead.…
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Jan- 2022 -14 January
Currys lowers profit expectations to £155m amid 10% drop in sales
Currys has lowered its full year pre-tax profit expectations from £160m to £155m following a 10% drop in sales in…
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Dec- 2021 -15 December
Currys H1 profits hit £48m despite supply issues
Currys has reported that pre-tax profits hit £48m for the six-month period ending 30 October 2021, up from £45m reported…
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Oct- 2021 -29 October
Amazon to spend ‘several billion’ to manage supply shortages
Amazon has warned that it expects to incur “several billion dollars” of additional costs in the upcoming months as supply…
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7 October
Amazon opens first four-star store in the UK
Amazon has announced that it has opened its first four-star store outside of the US which offers a curated range…
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