Focus credit insurance woes

Focus employees nearly 5,000 people in the UK DIY firm Focus says credit insurers have almost completely pulled the cover offered to the retailer- one of the biggest in the UK. Focus says less than 5% of its stock is now being covered by credit insurers.

More Details On the Collapse Of Empire Direct

As we reported on Monday evening, Empire Direct fell into administration after a poor Christmas for most stores selling televisions and washing machines and the situation further aggravated further by the loss of credit insurance. KPMG who are the appointed administrator to the company said the “…

Sales At Comet Continue To Slide

Kesa Electricals, the owner of the Comet electrical chain has today said that it expects its annual profit margin to fall after this year’s price cuts across the high street and warned that the “difficult economic environment” would continue. Kesa announced that group like-for-like sales, which s…

Empire Direct Enters Administration

It would appear this evening that internet retailer “Empire Direct” has entered administration. The website’s homepage has been altered to display only a short message from the receiver which reads as detailed below.

UK Whitegoods Meeting

Those of you that have been keeping you eyes open will be aware that the next meeting is to take place on 20th February 2009 at the Hilton Hotel in Coventry (www.hilton.co.uk/coventry). Unlike previous meetings we have tried to bring all the manufacturers to the table, with a view to allowing the…

Woman Takes Washing Machine Repair Man Hostage!

The Sun has reported that an irate Tracey Fox was so sick of a company failing to fix her washing machine that she imprisoned a repair man in her house. Fed-up Tracey hasn’t been able to use her washing machine since before Christmas, despite a series of visits from service engineers. And when th…

Antonio Merloni – Production Restarts On Monday

News has reached us that production of Antonio Merloni appliances will restart on Monday following the company entering administration a few months ago. Of course Antonio Merloni owns and produces appliances under the Servis UK and Electra brand names as well as manufacturing appliances for many …

MFI Administrator Starts To Seek Payment

In a letter sent to many service agents, received this morning, The administrator acting on behalf of the failed furniture retailer, MFI, has requested payment for monies owed to MFI. Obviously the administrator, Zoflo Cooper, is unaware that virtually any spare parts bought by service agents wer…

Crying Baby put in Tumble Dryer

A babysitter has been charged with murder after putting a baby in a tumble drier so she could watch television undisturbed. Arielle Smith, 19, has been told she faces a second degree murder charge after the horrific incident in Harvey near New Orleans, Louisiana.