OpCapita Closer To Comet

Reports are surfacing this morning that the OpCapita bid for Comet may be gaining traction with help from an unexpected source, John Clare the former boss of Dixons Retail, Comet’s long time nemesis in electrical retailing.

Glen Dimplex Group Acquires Valor

The Glen Dimplex Group has acquired the long established Valor gas fire business from BDR Thermea. Established in 1890 and based in Birmingham, Valor says it is the leading manufacturer and supplier of gas fires in the UK.

Best Buy Plans To Pull Out Of UK?

Fox News and other sources are reporting that Best Buy is likely to abandon its British megastores next year, retreating from an overseas expansion plan that has been stymied by a global recession and cultural differences in how people like to shop.

Latest Comet Rumblings

The Independent reports at the weekend that Comet’s parent company, Kesa, is thought to be planning to pick up the tab for the Comet pension fund to ease a sale of the struggling business.

Samsung Fridge Now With Leather

If you see a completely barmy appliance idea, chances are, it will be LG or Samsung that come up with it and not to disappoint us Samsung have come up with a leather clad American side by side fridge freezer.

LG Moves Into Commercial Laundry

LG Electronics has opened a self-service laundry in New York equipped with only its products as it pushes to expand business-to-business sales in the United States.