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28/04/2004
Dixons to close 106 stores in UK
Dixons Group have confirmed that they are to close 106 stores over the next three months, due to disappointing sales.
Around 1000 jobs will be affected by the closure, but Dixons are hoping to move a significant number of the employees to other stores.
Dixons, who also own Curry’s, PC World and The Link, have not commented on which stores will close, but a spokesman for the company said that all the sites were within five miles of another store.
It has been confirmed, however, that two stores in Northern Ireland – in Bangor and Newry – are to close. Thirty jobs will be affected – 24 in Bangor and eight in Newry. However Dixons hopes to redeploy the staff to other stores, including Curry’s. A 90-day consultation period has now begun and the stores are continuing to trade. The branches in Belfast and Londonderry will remain open.
Dixons, who currently have 320 stores in the UK and Ireland, have announced the closures as part of a review of how best to develop Dixons format for the future. The company have also confirmed that tests of new format Dixons stores will continue as part of the profit improvement plan for the chain.
Dixons will take a one-off charge of £48 million to cover the closures.
The company said in a trading update that it was on course to hit full-year profit targets.
The Group are expected to report profits of between £320 million and £330 million. Sales across the group grew by 14% over the year to May 1, including a substantial rise in international sales.
(KmcA)
Around 1000 jobs will be affected by the closure, but Dixons are hoping to move a significant number of the employees to other stores.
Dixons, who also own Curry’s, PC World and The Link, have not commented on which stores will close, but a spokesman for the company said that all the sites were within five miles of another store.
It has been confirmed, however, that two stores in Northern Ireland – in Bangor and Newry – are to close. Thirty jobs will be affected – 24 in Bangor and eight in Newry. However Dixons hopes to redeploy the staff to other stores, including Curry’s. A 90-day consultation period has now begun and the stores are continuing to trade. The branches in Belfast and Londonderry will remain open.
Dixons, who currently have 320 stores in the UK and Ireland, have announced the closures as part of a review of how best to develop Dixons format for the future. The company have also confirmed that tests of new format Dixons stores will continue as part of the profit improvement plan for the chain.
Dixons will take a one-off charge of £48 million to cover the closures.
The company said in a trading update that it was on course to hit full-year profit targets.
The Group are expected to report profits of between £320 million and £330 million. Sales across the group grew by 14% over the year to May 1, including a substantial rise in international sales.
(KmcA)
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05 April 2006
Dixons stores to be rebranded
Dixons stores across the UK are to be rebranded under new plans announced today. The owner of the electrical retailer, DSG international, said that they would begin the initial conversion of all 190 Dixons stores to Currys.digital from May. DSG said that all Dixons staff would be expected to transfer to Currys.
Dixons stores to be rebranded
Dixons stores across the UK are to be rebranded under new plans announced today. The owner of the electrical retailer, DSG international, said that they would begin the initial conversion of all 190 Dixons stores to Currys.digital from May. DSG said that all Dixons staff would be expected to transfer to Currys.
21 July 2005
Sluggish retail sales growth peaks in June
The latest figures from the Office for National Statistics have revealed that in June the underlying rate of growth in retail sales volumes was the highest so far this year. However, the annual growth has remained the lowest for more than six years, according to data released today by the ONS.
Sluggish retail sales growth peaks in June
The latest figures from the Office for National Statistics have revealed that in June the underlying rate of growth in retail sales volumes was the highest so far this year. However, the annual growth has remained the lowest for more than six years, according to data released today by the ONS.
18 November 2004
Figures show slide in retail sales growth
Underlying retail sales growth is distinctly lower than in the first half of this year, according to figures published today by the Office for National Statistics (ONS). The latest retail sales survey for October 2004 found that the volume of sales in the three months August to October was 1.
Figures show slide in retail sales growth
Underlying retail sales growth is distinctly lower than in the first half of this year, according to figures published today by the Office for National Statistics (ONS). The latest retail sales survey for October 2004 found that the volume of sales in the three months August to October was 1.
17 December 2004
Retail sales recover from late summer blues
The latest results for the Retail Sales Index indicate that underlying retail sales growth has partially recovered from a marked slowdown in late summer. The seasonal impact in November from Christmas shopping is in line with that of recent years with the unadjusted sales value picking up to reach £21.1bn.
Retail sales recover from late summer blues
The latest results for the Retail Sales Index indicate that underlying retail sales growth has partially recovered from a marked slowdown in late summer. The seasonal impact in November from Christmas shopping is in line with that of recent years with the unadjusted sales value picking up to reach £21.1bn.
08 January 2015
Tesco To Close 43 Unprofitable Stores
Giant retailer Tesco is to close 43 unprofitable stores across the UK. The firm has also shelved plans to build 50 new stores. Group sales for the 19 weeks to 3 January 2015 declined by 0.6% at constant rates, including fuel and 1.0% excluding fuel. At actual rates, sales declined by 1.9% including fuel and by 2.3% excluding fuel.
Tesco To Close 43 Unprofitable Stores
Giant retailer Tesco is to close 43 unprofitable stores across the UK. The firm has also shelved plans to build 50 new stores. Group sales for the 19 weeks to 3 January 2015 declined by 0.6% at constant rates, including fuel and 1.0% excluding fuel. At actual rates, sales declined by 1.9% including fuel and by 2.3% excluding fuel.
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
