Inman Electrical Closes After 50 Years

Eighty workers have lost their jobs at the Sheffield based Inman Electrical applaince distributor after it experienced financial problems. Joint administrators Howard Smith, Mark Firmin and Paul Flint, from accountants KPMG, shut Orgreave-based Inman Electricals after deciding they were unlikely …

Best Buy To Shutter 50 Stores

American electrical retailer Best Buy has announced that it is to close fifty of its “big box” stores by the end of its fiscal year in 2013 confirming that the crisis in electrical retailing is not confined to the UK or Europe.

Numatic Launch A Direct Online Store

For a while now we have been watching the carnage in the retail secor and wondering to ourselves, how long will it be before some manufacturers just sell direct to end users and cut out the high street retailers altogether? It Seems that Numatic may be doing just that, albeit only in South Africa…

OFT Forces Extended Warranty Crackdown

Yesterday the Office of Fair Trading announced that it was to review undertakings from major retailers such as Currys, Comet and Argos before deciding whether or not to refer the matter to the Competition Commission.