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Electricals and Tech News

Currys to recruit for over 1,100 vacancies ahead of peak trading period

Currys is to create over 1,100 new roles during this year’s festive trading period. The technology and electricals retailer is now recruiting for 720 temporary positions... View Article
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Currys maintains guidance despite dip in sales

Currys maintains guidance despite dip in sales

07 September 2023 by Angela Beevers

Electricals retailer Currys is maintaining its full-year guidance despite an overall 4% drop in sales in the four months to the end of August. In a... View Article

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Telefunken acquired by Gordon Brothers

Telefunken acquired by Gordon Brothers

15 August 2023 by Angela Beevers

Advisory and investment firm Gordon Brothers has acquired the Telefunken global consumer electronics brand. Based in Frankfurt, Telefunken offers a diverse portfolio of products spanning video,... View Article

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Marks Electrical makes strong start to new financial year

Marks Electrical makes strong start to new financial year

10 August 2023 by Angela Beevers

Marks Electrical has reported strong trading in the first four months of its new financial year with revenue growth of 30.7% to £36.2 million. In a... View Article

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Music Magpie expands kiosk locations

Music Magpie expands kiosk locations

10 August 2023 by Angela Beevers

Music Magpie is expanding its SMARTDrop Kiosk network with three new sites at the Manchester Arndale, Cribbs Causeway and Willow Brook shopping centres. The company said... View Article

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Music Magpie boosted by strong trading momentum

Music Magpie boosted by strong trading momentum

13 July 2023 by Angela Beevers

Music Magpie has said its first-half performance has been in line with expectations, despite postal strikes and low consumer confidence impacting trade in December and January.... View Article

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Currys and Samsung partner on recycling initiative

Currys and Samsung partner on recycling initiative

13 July 2023 by Angela Beevers

Currys has teamed up with Samsung to offer customers discounts on selected Samsung products when they trade in any unwanted tech items. During July, customers will... View Article

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EE opens innovative experience store at Westfield London

EE opens innovative experience store at Westfield London

16 June 2023 by Angela Beevers

EE has opened an innovative new flagship store at the Westfield London shopping destination in White City. Forming part of EE’s new retail strategy, the 4,230... View Article

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Currys begins strategic review of Greek business Kotsovolos

Currys begins strategic review of Greek business Kotsovolos

16 June 2023 by Angela Beevers

Currys is conducting a strategic review of its Greek business Kotsovolos, which could lead to a sale of the electricals company. In a statement, the retailer... View Article

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Frasers Group acquires 18.9% stake in AO World

Frasers Group acquires 18.9% stake in AO World

12 June 2023 by Angela Beevers

Frasers Group has invested £75 million in acquiring an 18.9% stake in online appliance and electricals retailer AO World.  The owner of Sports Direct, House of... View Article

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