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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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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1 October
AO World hit by ‘challenging’ supply chain issues in H1
AO World has warned that growth in the first half of 2021 has been impacted by the ongoing shortage of…
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Aug- 2021 -23 August
Currys PC World launches new flexible mobile offering
Currys PC World has announced the launch of its new mobile offering shopping experience, which aims at allowing customers to…
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Jul- 2021 -1 July
AO World sees revenues soar 62% in FY21
AO World has seen group revenue soar 62% to £1.7bn in the year ended 31 March, 2021, as the group…
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