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dixons

Carphone Warehouse, Dixons return from honeymoon with injured numbers

The marriage between Carphone Warehouse and Dixons is already affecting one partner's career, with the mobe peddler reporting a disappointing 17 per cent fall in revenue. The two firms announced a £3.8bn merger just over a month ago, with stock market trading beginning on 7 August. But the happy couple's first quarter numbers …
Jasper Hamill, 09 Sep 2014
Dixons Carphone Warehouse

Newly spawned Dixons Carphone leaps onto LSE as £12bn sales org

The shotgun wedding between hard-pressed consumer biz Dixons Retail and Carphone Warehouse was consummated today as the £12bn turnover borg started trading on the London Stock Exchange. The merger between Dixons Retail, owner of Currys and PC World, and Carphone Warehouse was first announced back in May. Dixons Carphone - …
Jasper Hamill, 07 Aug 2014

BOOM BOOM: Dixons fires the human cannon

Dixons claims to have fired about 50 workers out the redundancy cannon in its latest battle against the human costs of doing business. At least 100 staff based at the Hemel Hempstead office were put on a 45-day notice of redundancy in early May, just days before Dixons went public with the £3.7bn Carphone Warehouse mega borg. …
Paul Kunert, 24 Jun 2014

Carphone Warehouse, Dixons embroiled in £3.7bn merger rumour

Sir Charles Dunstone once told your humble correspondent that he would never have more than 50 shops. Today his Carphone Warehouse empire has more 2,000 shops across Europe, and is rumoured to be about to add another 500 – through a merger with PC World and Currys owner Dixons. Discussions have been going on since February, we' …
Simon Rockman, 08 May 2014
Dixons Carphone Warehouse

Dixons and Carphone Warehouse confirm £3.7bn MEGA-BORG

Dixons Retail and mobile phone shop Carphone Warehouse have confirmed their £3.7bn merger after months of talks, creating one of the biggest retailers in Blighty. Dixons, which already owns Currys and PC World, will combine with the mobe-purveyor to form Dixons Carphone in a 50:50 merger, rather than an acquisition of one side …

Dixons tells HQ workers: Yes, that IS a creaky trapdoor you hear. You're at risk of redundo

Dixons has unlocked but not yet opened a trapdoor underneath at least 100 bods at its Hemel Hempstead HQ. The retail biz today kicked off a 45-day redundancy consultation with headquarters staff. This comes ahead of a £3.7bn merger with Carphone Warehouse (CPW), first mooted in February, but Dixons insisted the head office …
Paul Kunert, 12 May 2014
management procure6

Dixons Retail and Carphone Warehouse mull merger

Dixons and Carphone Warehouse (CPW) today confirmed they are locked in negotiations that may or may not lead to a merger. "These discussions are at a preliminary stage and there can be no certainty that a transaction will be forthcoming," the pair said in a joint statement this morning. As such, no decision has been made …
Paul Kunert, 24 Feb 2014

Dixons selling £68k gold, diamond, ruby and sapphire iPhone for Xmas

Anyone short of ideas for the stocking filler this Christmas and with a spare £68k down the back of the sofa can look no further: it's time for a Gold iPhone from the Dixons Retail concession at Harrods. The Jesus mobe, made by one of Harrods' commercial partners, is housed by a 24 carat case with over 300 22 and a half carat …
Paul Kunert, 29 Nov 2013
Santa Claus on his laptop

Santa brings Dixons £31m profits as ghost of Comet is laid to rest

Christmas has come early for the bosses of Dixons Retail Group, which has announced an encouraging boost in profits and sales. Dixons, which also owns Currys and PC World, said its sales were up thanks to steady cutting of less profitable subsidiaries. In the UK and Ireland, operating profits surged up to £31.4m, five times the …
Team Register, 17 Dec 2013
Santa Claus on his laptop

Boxing Day sales bubble boosts Dixons - but don't hit the champers just yet

UK saps shoppers spent more than £100,000 a minute at Dixons Retail during the Boxing Day sales helping to drag it into growth during the Christmas quarter for the second consecutive year. But CEO Sebastian James held off talking up any recovery given the torrid time that many electronics retailers have faced in the past four …
Paul Kunert, 16 Jan 2014

Have PIXmania. In fact, have £59m with it too, Dixons tell German VCs

Dixons Retail has forked out £59m to convince German venture capitalist mutares AG to take loss-making web shop PIXmania off its hands. And so ends the retail firm's costly flirtation with the online gadget souk seven years after it coughed €266m for a 77 per cent stake in the biz and a little over a year after it bought the …
Paul Kunert, 27 Sep 2013

Dixons in talks to offload loss-making online mart PIXmania

Dixons Retail confirmed this morning it is trying to offload loss-making web bazaar PIXmania to German-listed industrial holding company mutares AG by dangling a multi-million pound dowry to fund operations. The retailer says it will now enter a consultation period with PIXmania's Work Council, in line with French labour laws ( …
Paul Kunert, 05 Sep 2013
dixons

Dixons feasts on corpse of Comet, chortles over 'slab bonanza

PC World and Currys helped steer sales growth at Dixons Retail in fiscal '13 ended 28 April against the background of a land grab for fallen Comet's trade and a boom in slablets. In a trading statement today - preliminary numbers are filed on 20 June - the retail mammoth said like-for-like Q4 sales climbed seven per cent on a …
Paul Kunert, 16 May 2013
channel_teaser_money_top

Dixons Retail flogs Equanet to serial swallower Kelway

Dixons Retail has offloaded mid-market and public sector reselling outfit Equanet to hungry channel player Kelway. It is nearly eight years since Dixons acquired the company, considered to be one of the stronger mid-market players in the UK, but its reputation has since waned. It was the subject of serious cost-cutting by its …
Paul Kunert, 07 Mar 2013
LG 55LM960V Cinema 3D LED Smart TV

LG adds Dixons' Knowhow to net-connectable tellies

We're not sure it's a reason to buy an LG smart TV specifically, but if you're eyeing up such a set, the addition of Dixons' Knowhow Movies video-on-demand service to said tellies may sweeten the deal. Dixons' answer to Netflix, Lovefilm, Blinkbox, Acetrax et al offers the customary "extensive library" of new - ie. DVD-release …
Hard Reg, 16 Aug 2012
3D Systems Cube

Dixons preps home 3D printer for plastic-piping punters

When a technology hits the High Street, you know it's making its way into the mainstream. 3D printing isn’t there quite yet, but it’s perhaps only a step away as Dixons’ stores PC World and Currys will tomorrow start selling a consumer-oriented additive manufacturing rig online. The printer in question is 3D Systems' Cube, a 26 …
Tony Smith, 02 Oct 2013
Windows 7 gurus

Not even Comet crashing into Earth can keep Dixons out of the red

Dixons Retail has reported massive losses due to one-off charges from the restructuring of PIXmania, and a reshuffle at its HQ following the sale of its B2B reseller operation Equanet. The LSE-listed group told the City this morning that it made pre-tax losses of £115.3m in the year to 30 April, albeit narrower than the £118.8m …
Paul Kunert, 20 Jun 2013

Dixons and Microsoft haggling over Surface RT Ts&Cs

Dixons Retail is currently thrashing out the terms and conditions to flog Microsoft's seemingly little loved Surface RT slab. Sources close to the talks say a deal is on the cards but were unsure if it could be struck before the peak festive sales seasons begins in earnest. "Dixons is likely to get it [Surface] but is still at …
Paul Kunert, 13 Dec 2012
ho, ho, ho

Dixons steps over Comet's bloodied body to nab bonus Xmas sales

Blighty's High Street is in meltdown, but Dixons Retail bucked the gloomy trend and reported relatively decent sales growth over Christmas. The chain reckons it successfully hoovered up trade from fallen rivals. According to figures filed for the 12 weeks to 5 January, sales by the parent of Currys and PC World were up four per …
Paul Kunert, 17 Jan 2013
homeless man with sign

PC World, Currys, Dixons websites all go titsup

The websites of Dixons Retail Group electronics stores have gone down today - knocking over Currys, PC World and Dixons.co.uk. The sites have been offline since breakfast, but there's been some confusion about the cause of the outage. Initially visitors to the Currys' site had a "503 Unavailable Error" page pop up, then a page …
The Register breaking news

Dixons: Brits to get iPad Mini, Kindle Fire for Xmas

Our generous gift of the oxygen of publicity today goes out to Dixons, which this morning forecast that Brits will be able to buy not only Amazon's Kindle Fire but also a "mystery" Apple product by Christmas. Not exactly staggering leaps of the imagination, you might reasonably think, given the flood of rumours concerning the ' …
Tony Smith, 11 Jul 2012
dixons

Dixons returns to profit in UK, rubs hands as Comet circles drain

Dixons Retail says it's positioned to capitalise on Comet's collapse as the firm returned to profit in the UK for the first time in five years. Group challenges still remain, however, with gadget souk PIXmania still performing "poorly" and those pesky penniless peeps in Southern Europe dragging numbers down. Pre-tax losses for …
Paul Kunert, 29 Nov 2012
Dixons Knowhow

Dixons preps movie download service

Dixons Retail - better known these days as Currys and PC World - will launch an online movie service on Thursday. Called Knowhow, the service will initially be available on Windows and Mac computers, but Dixons promised Android and iOS apps "within the next six months". Some smart TVs - most likely Dixons' own brand, Logik - …
Tony Smith, 28 Feb 2012

Dixons bigwig dispatched to salvage gadget souk PIXmania

Dixons Retail is understood to have placed Equanet boss Phil Birbeck in charge of its loss-making online operation PIXmania after coughing €10m (£7.86m) to buy the founders' remaining shareholding. Birbeck took control of Equanet, the IT reseller arm of the consumer giant, at the start of 2010 having previously headed up the now …
Paul Kunert, 10 Aug 2012
dixons

Dixons: We had a good summer, though southern Europe was a drag

Dixons Retail says a "busy summer of events" helped maintain momentum in its UK and Irish operations as sales climbed 7 per cent, but it's not yet ready to crack open the bubbly. Revenue growth at group level for fiscal Q1 ended 21 July was less marked: up 5 per cent, as a 13 per cent climb in northern Europe and the sales rise …
Paul Kunert, 06 Sep 2012
Motorola Xoom

Dixons cuts Ice Cream Sarnie ready Xoom to £225

Cut-price 32GB Android tablet, anyone? Dixons is now pricing the 32GB Motorola Xoom at £249 - if you can find one. And, according to readers, keying in the discount code 'Tablet 10' at the checkout will get you ten per cent off the sale price, taking the tablet down to £225. Motorola Xoom at Dixons The catch: word is getting …
Hard Reg, 23 Jan 2012
Dixons

Dixons knocks £200 off laptops before Xmas...

Dixons chains Currys and PC World will knock £200 off the price of a new notebook, provided you buy it this month. And when you hand over your cash, the two DSG brands will also give you a £50 voucher to spend on software and accessories, Dixons said today. You'll also get £15 toward apps sold through its KnowHow App Centre, the …
Hard Reg, 03 Nov 2011
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Xmas actually accelerates Dixons sales drop

Dixons are facing a grim new year as it was revealed that the Christmas season actually accelerated their decline in sales. Takings across Dixons stores and the Currys and PC World outlets run by the company fell by 5 per cent compared to the quarter before, reveal figures published today. That fall follows a drop of 3 per cent …
Anna Leach, 17 Jan 2012
Dixons Logik 3D TV

Dixons rolls out cut-price 3D, smart TVs

Dixons has launched its own brand of 3D TV, Logik, with the hope of encouraging consumers lacking confidence back into the shops with low prices. Logik sets run to 32in, 42in and 47in in size, each available with fluorescent or LED backlighting, all with 1080p screens. LED ups price by £50 to £150, depending on the model. …
Hard Reg, 14 Nov 2011
dixons

Dixons Retail: A mirror held up to Europe

Dixons Retail's top and bottom lines slipped in fiscal 2012 ended 28 April, according to preliminary results. Group pre-tax profits fell to £70.8m, down from £85.3m in the previous financial year and sales dipped three per cent to £8.05bn, compared to £8.3bn in fiscal 2011. The total loss before tax narrowed to £118.8m from £ …
Paul Kunert, 21 Jun 2012
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Horde of customers storms Dixons – too late to save 2012 sales

A late flurry of consumer spending in the UK boosted Dixons Retail's Q4 sales but came too late to prevent a full-year fiscal 2012 decline, the firm revealed in a trading statement. Same-store revenues fell 3 per cent in the retailer's financial year ended 28 April but were down 1 per cent over the half-year period and actually …
Paul Kunert, 10 May 2012
5_pounds_sterling_money_cash_moolah

Dixons keeps wolves from the revolving credit facility door

Dixons Retail has inked a £300m revolving credit facility with its financial backers that should ease the cash flow of Blighty's largest retailer. The deal extends Dixons current facility, which was due to mature next year, until the end of June 2015. Sources say this will provide short term guarantees that should keep the …
Paul Kunert, 25 May 2012
Chromebook and Chromebox

Dixons and Best Buy start selling Google Chromebooks

Google is trying to get its Chromebook into the mainstream and is starting to push it in retail stores, signing up Best Buy in the US and Dixons in the UK to distribute the ChromeOS systems. The Chocolate Factory's ChromeOS is the red-headed stepchild of the operating system market. Since its launch last year, the sales of …
Iain Thomson, 28 Jun 2012
Motorola Xoom

Dixons drops Motorola Xoom price... again

Dixons has knocked the price of the 32GB Motorola Xoom tablet to £329 - not at all bad when you consider the fondleslab was priced at £500 at launch. And the other 32GB Xoom, the one with 3G connectivity as well as Wi-Fi, is now just £400, down from £580. Both versions run Android 3.0 Honeycomb - though Android 3.1 is now …
Hard Reg, 06 Sep 2011
homeless man with sign

Best Buy fires parting shot at Dixons with closing down sale

Best Buy may be retreating to its homeland with a bloody nose, but it could yet ruin Dixons Retail's margins this Christmas before it turns off the lights. The American electronics retailer's costly flirtation with UK consumers is coming to an end and the firm admitted last month that one of the reasons why its entry had not …
Paul Kunert, 29 Nov 2011
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Dixons to flog off old 'brands' Miranda and Saisho

Struggling retailer Dixons Store Group has appointed an IP firm to flog off two of its now-defunct brands. Metis Partners is looking for offers for Saisho and Miranda. Saisho is offered with "goodwill in the brand and reputation", we're told. It also holds 16 international trademarks. Metis reckons Saisho has made £27m in …
John Oates, 18 May 2011
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Apple lures Dixons boss Browett to run global retail biz

Channel bully boy Apple has nabbed Dixons chief exec John Browett to head up its worldwide retail biz. Browett - who has presided over the struggling UK consumer giant since 2007 - will step down from the board on 20 February and leave on 20 April. He will be replaced by group operations director Sebastian James, will be plonked …
Paul Kunert, 31 Jan 2012
For Sale sign detail

Dixons to set up concession in Harrods

Dixons Retail will try to flog PCs and other consumer goodies to tourists and local toffs when it opens a concession in Harrods early next year. The ailing retailer swapped the High Street for out-of-town trailer trading parks in recent years as part of its turnaround strategy, but is looking to raise brand equity by setting up …
Paul Kunert, 25 Jul 2011

Dixon, Carphone hand their numbers to world +dog before the wedding

Dixons (excluding the impact of disposals) and Carphone Warehouse today reported profit spikes for fiscal '14 in what will be the last set of annual results the pair announce before the £3.7bn borg set for calendar Q3. The European Commission yesterday gave the thumbs-up for the merger to go ahead, creating a £12bn retailing …
Paul Kunert, 26 Jun 2014
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Dixons whacked by profit warning

Dixons shares took a tumble this morning after the UK's favourite electrical retailer warned markets it was unlikely to hit profit targets for the year. The company said sales were down 11 per cent in the UK and Ireland and had fallen 7 per cent across the group. It expects profits for the full year of around £85m. Market …
John Oates, 30 Mar 2011
hands waving dollar bills in the air

Rampaging Brit looters cost Dixons £4m

Dixons Retail has fared relatively better than High Street rivals after trading results today showed that its fiscal half-year losses narrowed substantially in the UK. The firm posted underlying losses of £3.9m in the 24 weeks to 15 October, down from £10.7m a year ago - but the consumer meltdown, which forced a Best Buy retreat …
Paul Kunert, 24 Nov 2011
Phones4u logo

Vodafone to buy 140 Phones 4u stores from stricken retailer

Vodafone has swooped on 140 Phones 4u stores just days after the retailer blamed the operator for contributing to its untimely demise when it slipped into administration late last Sunday. Administrator PwC said in a statement late on Friday that Voda had struck a deal with Phones 4u to re-brand the stores over the next few weeks …
Kelly Fiveash, 20 Sep 2014
channel

Dixons predicts Olympics will boost sales

Dixons Retail has reported a sharp drop in sales, particularly in the UK and Ireland, but it still feels like it's doing well and the market seems to agree. The group, which includes PC World and Currys, said like-for-like sales in the first quarter in UK and Ireland fell 10 per cent and slid 7 per cent across the total group. …
The Register breaking news

Dixons offers Angry Birds on the house

Want Angry Birds for nowt? From tomorrow you can try and get a copy from the Currys- and PC World-branded versions of Intel's AppUp, the chip giant's netbook-centric online app store. You'll need an Intel-based computer running Windows of course. While AppUp is intended for netbooks, since the Atom chip is thoroughly x86 …
Hard Reg, 31 Jan 2011
For Sale sign detail

Dixons warns it's getting worse

The UK's favourite electrical retailer Dixons said this morning that sales are still crap, and getting crapper. For the full year ended 30 April 2011 sales in the UK and Ireland were down 3 per cent on a like-for-like basis. But for the last six months - 28 weeks ended 30 April - sales were down 7 per cent. Pure e-commerce …
John Oates, 12 May 2011
The Register breaking news

Dixons prices up Motorola Xoom for Blighty

Retailer Dixons has priced up the Wi-Fi only Motorola Xoom. The 10.1in Androud 3.0 tablet will sell for £500 when it goes on sale "in the first week of April". Dixons outlets Currys and PC World both show that that timeframe is not yet confirmed. Indeed, both say delivery will take place on or after 9 April. But "if you order …
Tony Smith, 02 Mar 2011
The Register breaking news

Dixons prices up Motorola Android 3.0 tablet

Dixons has removed pricing and pre-order information from the Motorola Xoom page on its PC World website. Earlier today, the retailer said on the page that it would charge £450 for the 10.1in Android tablet, and invited interested punters to "pre-order today". Motorola Xoom at Dixons Then... Within hours, the offer had been …
Tony Smith, 01 Mar 2011
The Register breaking news

Dixons touts tablets

First Next, now Dixons. The retaill group's PC World and Currys stores will next month begin selling - yes, you've guessed it - an own-brand 7in Android tablet for the low, low price of £130. Not as cheap as the £85 job Morgan Computers is offering, but less than the £180 Next wants for its 10in tablet. Dixons Advent Vega …
Tony Smith, 08 Oct 2010
RIM BlackBerry PlayBook

Dixons stores knock £150 off RIM PlayBook

PC World and Currys have knocked 150 quid off the price of RIM's BlackBerry PlayBook in a bid to encourage sales of the 7in tablet. Previously priced at £399, the 16GB PlayBook can now be had for £249. Likewise, the once £479 32GB model is now just £329. RIM BlackBerry PlayBook The cuts come just a few weeks after RIM knocked …
Tony Smith, 20 Oct 2011
hands waving dollar bills in the air

Dixons warns on crap Christmas

Dixons warned markets this morning that Christmas trading had been worse than expected with like-for-like sales down 2 per cent and margins down 0.2 per cent. The world's favourite IT retailer said it now expects profit before tax to be at the lower end of predictions – between £100m and £110m. Dixons shares fell almost 10 per …
John Oates, 13 Jan 2011