ELECTRICALS
AO reveals extent of stockpiling ahead of Brexit
Dixons Carphone incurs £29.1 million fine due to insurance mis-selling
The Financial Conduct Authority has fined Dixons Carphone £29.1 million after it concluded that the company’s Carphone Warehouse business did not meet expected standards for its Geek Squad mobile phone insurance selling processes.
Steve Caunce steps down as chief executive of AO World
AO World chief executive Steve Caunce has stepped down from his position.
New research launched on registering household appliances
The Office for Product Safety and Standards has marked its first anniversary by launching a new research project that will look at the reasons why many consumers fail to register household products such as fridges, freezers and cookers.
Dixons Carphone reports 'solid' Christmas trading
Dixons Carphone has described its trading as solid over the peak Christmas trading period following a 1% uplift in group like-for-like revenue.
Vodafone launches new 'customer hub' on London's Oxford Street
Vodafone has opened a new experiential store on London’s Oxford Street as the company looks to offer customers more than a traditional retail environment.
Dixons Carphone swings to first half loss
Dixons Carphone has swung to a first half pre-tax loss following the booking of £490 million in exceptional charges.
AO World's losses narrow
Appliance retailer AO World has seen its first half group operating losses narrow slightly to £11.7 million from £12 million in the same period in the previous year.
AO to acquire Mobile Phones Direct
Online electricals retailer AO World has agreed to purchase Mobile Phones Direct for £32.5 million.
Sevenoaks Sound and Vision to open new London store
Sevenoaks Sound and Vision is to open a new store in London’s Swiss Cottage next month.
Keeping you informed of all the latest retail news and insight on the electricals sector including major retailers such as Dixons Carphone, AO.com, Maplin and more. Also covering the latest results and financial stories.
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