Dixons Retail provides spark for electricals

CURRYS and PC World owner Dixons Retail said it had outperformed its struggling rivals – despite further sales woe over the Christmas period.

CURRYS and PC World owner Dixons Retail said it had outperformed its struggling rivals – despite further sales woe over the Christmas period.

The group, which has 640 stores in the UK and Ireland, reported a 7% fall in like-for-like sales in the 12 weeks to January 7, even though it was helped by a doubling in sales of iPads and Kindle devices.

The update was better than the City’s worst fears and included a 23% rise in trading between January 4 and January 14 – after its sales period was boosted by weak comparisons with the previous year.

Chief executive John Browett called the group’s performance “solid” and said it had outperformed rivals Comet – which was recently sold by parent Kesa Electricals for £2 – and Best Buy, which has just thrown in the towel in the UK.

 
comments powered by Disqus

Journalists

Doug Thomson
Huddersfield Town correspondent
Chris Roberts
Huddersfield Giants correspondent
Louise Cooper
Crime correspondent
Nick Lavigueur
Health Correspondent
Joanne Douglas
Local Government Correspondent
Linda Whitwam
Education Correspondent
Henryk Zientek
Business Correspondent
Val Javin
Features Editor
Martin Shaw
Mirfield Correspondent