LONDON, Sept 30 (Reuters) – The British government begins scrutiny of a competition report on Tuesday likely to spell trouble for electrical goods retailers like Dixons Group Plc whose profits rely heavily on sales of warranties.
Some analysts expect the report to recommend a clamp down on the sale of warranties, estimated to generate as much as half of the profits of Dixons and other leading retailers such as Comet, owned by Kesa Electricals.
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Rotherham-based company, Domestic Appliance Repairs, has been commended in the kitchen appliances category of the Total Excellence and Quality Awards 2005. This is the second year in a row that the company has won this prestigious award, having won second prize last year.
A Which? investigation has uncovered an ‘alarming’ number of faulty kitchen appliances, causing thousands of house fires every year.
Around 250 jobs could go with the closure of Hoover”˜s vacuum cleaner factory near Glasgow, the company said today.