Articles about Dixons

he exterior of the carphone warehouse on January the 23rd, 2015, in London, England, UK. The carphone warehouse has over 3000 stores. Editorial Credit: Michaelpuche / Shutterstock.com

Dixons warns of looming Brexit storm cloud amid bumper results

A spectre is haunting Dixons Carphone - the spectre of Brexit. Despite posting a 19 per cent jump in half-year profits to £144m, the reailer is warning of stormy times ahead. Sales in UK and Ireland rose 4 per cent to £3bn for the six months to 29 October, as group turnover increased by 11 per cent to £4.9bn, the electronics …
Kat Hall, 14 Dec 2016
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Oops: Carphone burps up new Google phone details

Google executives have been hyping tomorrow’s Android event as the most significant since the platform was first announced in 2008. But there’s little need to tune in for one part of it, thanks to British mobile phone retailer Carphone Warehouse. Google plans to use the event to take a more prominent role as a phone maker, all …
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Three UK cloudy firms promise CMA they'll be 'fairer' to customers

The Competitions and Markets Authority (CMA) has found cloud storage providers were using contract terms and practices which could have breached consumer protection law – and has secured a “commitment” from three companies to not be naughty. Following the CMA's 218-page consumer law review of the sector (PDF), and “engagement …
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Dixons Carphone to shut down 134 shops

Dixons Carphone Warehouse is shutting 134 shops, a move it insists will have "no impact on colleague numbers". The retail borg is consolidating its stores following the merger between Dixons Retail, owner of Currys and PC World, and Carphone Warehouse in May 2014. The new stores will house its remaining outlets under one roof …
Kat Hall, 26 Jan 2016
£10 notes. Pic: Howard Lake

OMG, our merger is working, LOL – Dixons Carphone CEO

The merger seems to be working out for Dixons Carphone — both sales and profits are up, according to a trading update for Q4 and fiscal 2015. The company said like-for-like group revenue for the 17 weeks ended 2 May was up six per cent; rising 13 per cent in the UK and Ireland; up one per cent in the Nordics; up eight per cent …
Simon Rockman, 3 Jun 2015

Mega-firm Carphone Dixons toasts £375m profit forecast

Dixons Carphone Warehouse has raised its profit expectation for its first financial year 2014/15 to £355m-£375m, following a bumper Christmas trading period. The firm owns Currys, PC World and Carphone Warehouse and was formed by of a £3.7bn merger between Dixons Retail and Carphone Warehouse in May last year. In the nine …
Kat Hall, 21 Jan 2015
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Dixons Carphone bye-bye'd 800 staff since merger

Some 800 UK staffers have been made redundant or put at risk of redundancy since the mega merger between Carphone Warehouse and Dixons Retail, The Channel can reveal. This includes 400 staff at Dixons’ Hemel Hempstead-based HQ that did not want to relocate to Carphone’s equivalent office in Acton, a driving distance of a …
Paul Kunert, 6 Jan 2015
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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, 9 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, 7 Aug 2014

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

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
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

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, …
Simon Rockman, 8 May 2014
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 …
Team Register, 17 Dec 2013

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, 5 Sep 2013
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62,000 fewer shops: Welcome to the High Street of 2018

Tens of thousands of UK retailers will go pop over the next five years, leaving hundreds of thousands of their employees scratching about for work, says the Centre of Retail Research (CRR). In a particularly bleak forecast, the sector-watcher says close to 62,000 of the near 282,000 outlets currently open for business in …
Paul Kunert, 29 May 2013

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