The gross payouts will be £2.25bn less in 2014 than in 2013
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Saturday 26 July 2008
Sales of consumer electronics fell on a quarterly basis for the first time in nearly five years yesterday, hammering home the dire state of big-ticket retail purchases.
Friday 27 June 2008
The electricals group DSGi reported an annual loss yesterday after a large-scale restructuring at its struggling Italian unit. But its chief executive, John Browett, vowed to turn around its ailing UniEuro chain in Italy and flagging PC World chain in the UK.
Thursday 26 June 2008
Currys and PC World owner DSG International unveiled a 30 per cent plunge in profits today and warned it remained "very cautious" about consumer confidence.
Monday 23 June 2008
PC World and Currys owner DSG International is due to publish preliminary results on Thursday and, following a series of profits warnings, the figures are unlikely to inspire investors. The group has already guided that full-year underlying pre-tax profits will come in between £200m and £210m, below the £295.1m reported in 2007. Citigroup's prediction is a neat £200m, while UBS is in the middle of the range with £205m.
Friday 16 May 2008
John Browett, the new chief executive of DSG International, is to slash the company's dividend, close underperforming stores and try to improve customer service as he attempts to transform the fortunes of the Currys and PC World-owner.
Thursday 15 May 2008
Currys and PC World owner DSG International today said it would shrink the size of its Currys.digital estate in a bid to revive the business.
Saturday 12 April 2008
Friday 11 April 2008
Thursday 10 April 2008
Ikea is the latest big-ticket retailer to complain of falling sales as the slowing housing market takes its toll on consumer spending.
Wednesday 12 March 2008
Have you ever worked out the cost of running your inkjet printer? It seems that the excitement of picking up printing technology on the cheap (PC World's current bargain comes in at under £25) blinds us to the brow-furrowing cost of ink cartridges.
Saturday 08 March 2008
Fnac, as any French shopper will tell you, is more than just a shop. Founded in 1954 as a consumer-friendly photography store, it has grown into an upmarket cultural supermarket offering everything you would find in Waterstone's, HMV, Jessops and PC World – under one roof.
Monday 11 February 2008
DSG International, the owner of PC World and Currys, is trialling a new format store in Scandinavia hoping to tap into the popularity of shopping centres, which are expanding all over the region.
Friday 08 February 2008
Consumers spent a record £32.2bn on credit and debit cards during December – but the rate at which spending is rising continues to slow.
Wednesday 23 January 2008
The analogue television set has edged closer to extinction after DSG International, owner of the Currys, PC World and Dixons chains, said it would no longer sell the product as demand for digital televisions continues to gather pace.
Wednesday 23 January 2008
They obviously haven't got a clue. The people in charge of the economy look like those poor lads who work in Dixons or PC World in bright red shirts, who try to appear knowledgeable but have no idea what's going on. So you ask what's the difference between this machine and the other one, and they freeze with panic, then say, "Well, basically, this one offers the option of facilities and options," and you know they're thinking, "Is this a lap-top or a kettle?"
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