Currys rejects £700m takeover bid from activist investor Elliott RETAIL Currys said it considered the proposal and concluded it "significantly undervalued the company and its prospects".
Marks and Spencer confirms first female boss Katie Bickerstaffe is to step down Retail The first female boss of Marks and Spencer is to step down. Katie Bickerstaffe joined the high street darling just over two years ago, and has helped lead a massive turn around of the business.
Elliott mulls new higher offer for Currys after initial £700m bid rejected currys In an update this morning, the owner of Waterstones, said: “Elliott confirms that it is considering a possible cash offer for Currys.”
Currys hunts for new chairman as Lord Livingston makes his exit February 3, 2022 Currys is on the hunt for a new chairman as the UK’s biggest electrical goods firm hires in City headhunters.
Carphone Warehouse, Currys PC World and Dixons Carphone to disappear in huge Currys rebrand May 13, 2021 Electricals retailer Dixons Carphone has revealed plans to rename all its UK and Ireland shops as Currys as part of a major rebrand. The group said Currys PC World, Carphone Warehouse, Team Knowhow and Dixons Carphone will all become Currys by October, with a new Currys website also set to be launched. It will see [...]
Currys slashes profit forecast as boss warns ‘tough environment’ isn’t going anywhere December 15, 2022 Currys has booked a loss as its chief executive warned that a “tough environment” showed little signs of disappearing in the short-term. The laptop-seller slashed its full year outlook from an initial target range of £130m to £150m to a lower target of £100m to £125m. It posted a group adjusted loss of £17m for [...]
Currys PC World launches flexible mobile plan amid brand overhaul August 23, 2021 Currys PC World is looking to win over customers with a focus on flexibility as it launches a new mobile offering amid a major brand overhaul by owner Dixons Carphone. The retailer today unveiled a new mobile offer allowing customers to build their own package of handsets, data and minutes, as well as bundling together [...]
Dixons Carphone to close all Dixons Travel airport stores as it repays £73m furlough cash April 28, 2021 Dixons Carphone will close all of its Dixons Travel stores, having made the decision to shut down the business after the government removed airside tax free sales for most retailers. All 35 stores, found in airports around the UK including at Heathrow and Gatwick, as well as two concessions on P&O Cruises, will close, after [...]
Online sales soar as Dixons Carphone covers wounds of festive store closures January 20, 2021 British retailer Dixons Carphone has seen sales rocket during Christmas as online growth of 121 per cent balanced out store closures. Like-for-like electrical sales increased 11 per cent over the festive period as shares rose by 2.8 per cent, the group announced on Wednesday. Dixons Carphone, who trade as Currys PC World and Carphone Warehouse [...]
Dixons Carphone mulls Nordic float as online sales surge September 10, 2020 Dixons Carphone today said it was mulling a stock market listing for its Nordics business as domestic sales surged on increased online demand. The company reported a 12 per cent rise in electricals sales in the UK and Ireland in the 17 weeks to the end of August. This was driven by booming online sales, [...]