Electricals and Tech News
Currys shareholder urges retailer to sell its mobile phone division
Currys raises profit forecast as period for considering takeover bids ends
Currys has said trading since its peak period has been stronger than expected as it announced that it had officially ended the period for considering takeover... View Article
Music Magpie benefits from margin improvement and overhead reduction
Music Magpie grew its adjusted EBITDA by 15.4% to £7.5 million in the year to 30 November after it benefited from tight control of margins and... View Article
Currys launches ‘Trash Tycoon’ gaming experience to promote e-waste recycling
Currys has launched its first ever game as it looks to encourage customers to recycle their e-waste. Called Trash Tycoon and created in Fortnite, the free-of-charge... View Article
Currys invests £13 million in staff pay
Currys has announced a £13 million investment in staff pay in which hourly paid workers will benefit from a higher hourly rate, combined with a “market-leading”... View Article
Currys rejects takeover approach from US investment firm
Currys has rejected an unsolicited takeover approach by the Elliott Advisors US investment firm. The electricals retailer said the offer valued its business at around £700... View Article
AO World acquires IP rights of mobile phone firm A1 Comms
AO World has acquired the intellectual property rights of mobile phone business A1 Comms following the company’s fall into administration. The purchase price was £2.2 million... View Article
EE to invest £6 million in UK store portfolio in the next 12 months
EE has announced that it will invest £6 million in its UK store portfolio over the next 12 months as it launches its latest Experience store... View Article
Currys annual profit to exceed expectations despite drop in sales
Electricals retailer Currys has said its full year profit is set to come in ahead of expectations despite a drop in sales in its peak trading... View Article
Samsung launches new experience store at Westfield London
Samsung Electronics has launched a new Samsung experience store in Westfield London. The brand’s fourth experience store in the capital, it will be operated by Partner... View Article
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