Dixons Profit Warning Issued

Dixons Retail PLC Wednesday lowered its fiscal-year earnings target amid a slump in consumer confidence, heightening concerns about the performance of key U.K. high-street chains.

Dixons Cutting Costs Due To December Losses

Dixons (Currys etc.) has suspended a major supply chain technology rollout due to cost pressures, it has been reported. According to technical newswire Computerworld UK, the company has pulled back from deploying the supply chain module of a SAP enterprise resource planning solution to reduce cos…

Dixons Announces A “fundamental shift” In Service

It has been reported that Dixons is overhauling its service business by introducing Knowhow, a new service brand that aims to help customers of its PC World and Currys stores get the best out of their purchases. Dixons says that Knowhow is not just a relabelling of its service programme but a f…

Currys Launch A Range Of Cheap Appliances

Currys has launched a new range of basic, “no frills” appliances this month. The press release says that the Essentials collection, encompasses a breadth of everyday domestic products ““ from TVs to toasters, washing machines to whisks ““ offers no-nonsense products, for those who wan…

Repairers Outrage Over Rate Cuts

A few days ago news started to reach us of cuts in rates on contract work carried out on behalf of Dixons Stores Group International (DSGi – Currys, PC World, Dixons) which has led to almost universal condemnation from repairers. The rate cuts arrive at a time of spiralling fuel costs, inflation …

Currys Report Increased Profits

DSGi, the owner of high street brands Currys and PC World beat second-half expectations, posting a 6pc rise in second-half underlying sales, and said it would hit full year pretax profit targets of between £80m and £90m. The company has also refinanced, finalising a new revolving synd…

DSG Launches Megastores, Analysts Expect Best Buy To Win

Although DSGi (Currys, Dixons & PC World) already has eight megastores currently trading it has apparenty identified a further 70 potential megastore locations in the UK. In addition, it will also open 60 2-in-1 stores this year. These hybrid stores will combine the Currys and PC World format…

Currys Post Better Than Expected Results

DSGi (Currys, PC World) have enjoyed record sales over Christmas as customers flocked to snap up big-ticket electrical items. The firm, formerly known as Dixons, saw UK like-for-like sales top City forecasts to rise by 8% in the 12 weeks to January 9, boosted by a revamp of its store format. Chie…

Dixons Investigates Comments On Facebook Group

The Dixons Stores Group (DSGi, which owns Currys & PC World) has launched an investigation into staff caught insulting customers on social networking site Facebook. The unofficial Facebook group, “DSGi Employees”, which says it is for people who work or have worked for the company, has around…