Powerhouse enters administration

Powerhouse, the UK’s third biggest electrical retailer, has gone into administration, closing 50 stores and making about 500 staff redundant. The move came after PRG, its New Zealand-based owner, withdrew financial support for the loss-making chain. PRG bought Powerhouse for £16m in 2003, a…

Kesa COO Resigns After Only Five Months

After less than five months in the job, Kesa Electrical’s chief operating office has resigned from the post. The group announced today that it has accepted the resignation of Simon Fox, chief operating officer, saying that he was leaving in order to pursue other business interests.

50% Consumers Would Ban Inefficient Appliances

New research reveals that 1 in 2 consumers would support a ban on the least energy efficient domestic electrical appliances. 93% of consumers surveyed would also be in favour of tougher product regulations and consumer incentives to purchase energy efficient goods, to reduce the impact of our inc…

Administration for electrics firm

A South Yorkshire based electricals company has gone into administration after more than 80 years of trading. Doncaster-based Miller Brothers, which employs more than 300 staff in 20 stores across the UK, closed to customers on Thursday and Friday.

PABL announce 2005 results

This week, Warrington based white goods firm Premium Appliance Brands (PAB) has announced strong financial results for 2005 with the news it has achieved record sales and more than doubled its turnover, even in a year that was particularly challenging for the consumer durables market.

BBC Watchdog investigates Powerhouse stores

PowerHouse is a high street retailer offering anything from washing machines to home entertainment systems. It has stores nationwide and claims to sell top brands at incredible prices. Lately however, it hasn’t been doing so well. It recently came third from bottom in a Which? Magazine report of …