Administrators are desperately trying to hammer out a rescue deal for hundreds of thousands of consumers left with worthless extended warranties in the wake of the collapse last month of the PowerHouse electrical chain.
Category: Appliance
General non-specific news from the appliance industry including new products, spares, business news and more.
Scots hit by warranties shock
THOUSANDS of Scots have been left with warranties for electrical goods that are not worth the paper they are written on. The collapse of electrical goods firm PowerHouse also hit PowerPlan which sold repair service contracts to ScottishPower customers, among others.
Teen gets stuck in washing machine
A teenager got more than he bargained for when he attempted to fetch some keys that he’d dropped in a washing machine.
Four Norfolk PowerHouse stores to close
A rescue plan for the troubled PowerHouse chain has failed to save the majority of its East Anglian stores, it emerged yesterday.
Firm fined over pizza oven blast
A COMPANY has been fined £15,000 for breaching safety regulations after an engineer was badly burned following an explosion at an Edinburgh pizza restaurant.
Fridge starts fire
A burning fridge gutted the ground floor of a three-storey house in West Norwood in the early hours of last Wednesday.
Pacific Retail nabs UK Powerhouse
Pacific Retail Group Ltd said on Thursday it had acquired the business of Powerhouse, the third largest specialist appliance retailer in Britain, for $47.6 million.
STORE SOLD US DOWN RIVER, SAY CUSTOMERS
CUSTOMERS who pre-paid for items from Banbury’s Powerhouse store have been told they cannot have the goods and are unlikely to get their money back.
2000 jobs safe as PowerHouse sold (Powerhouse Latest)
More than 2000 jobs at electricals retailer, PowerHouse, have been saved after the company was sold to New Zealand-based Pacific Retail Group (PRG).
The PowerHouse aftermath
The UK’s third largest electronics retailer, PowerHouse, closed its doors to the public on Friday following a serious slump in profits. The store closures meant over 815 job cuts. Meanwhile, the company’s administrative receiver, finance firm Deloitte & Touche, is trying to find a suitable bu…
