Tag Archives: pc world

DSGi has declared its merger of PC World and Currys a success – and now plans to open more outlets under the new model in the future. The company launched a trial store that incorporated products from both retailers’ portfolios in Surrey in January. Now the PC World and Currys’ …

DSGi, owner of PC World and Currys, today posted a pre-tax loss of 140.4 million, in what chief executive John Browett described as ‘a year of change.’ While the figures represent a 78 per cent year-on-year drop, they were actually slightly above the firm’s expectations. The firm blamed Europe’s economic …

Currys and PC World owner DSGi has sold off all nine of its Hungarian stores, which operate under the Electro World brand, for just €1 – a move that mirrors the recent sale of many of its Scandinavian outlets. However, unlike the Swedish and Finnish sell-off – which resulted in …

DSGi has locked down its sales figures on core products as it looks to hide vital information from emergent retail giant Best Buy – leaving GfK-ChartTrack with no choice but to ban the firm from its panel. The retailer, which owns PC World, Currys and Dixons, told GfK-ChartTrack last week …

DSGi has confirmed to the Financial Times that a 311m rights issue is imminent, with the retailer saying the funds raised from it will go towards its store refit programme and alleviating cash flow problems being caused by credit insurers. It said that the move had been forced by its …

DSGi is reportedly looking to raise several hundred million pounds through a rights issue, which would be the second attempt this year. CEO John Browett is expected to give a statement on the firm’s operations after the firm’s financial year end, which will go some way to decided the success …

DSGi is preparing for a rights issue, a process in which share holders are encouraged to buy new shares, which could raise it hundreds of millions of pounds. Apparently, the final decision whether to go ahead will not be made until it has concluded discussions regarding the sale of some …

PC World and Currys parent DSGi has launched a trial store combining both brands. The site, based in Surry, is understood to be 15,000 square foot and contains a product mix incorporating both retailer’s portfolios. This is in line with a general revamp across all brands MCV’s sister site PC …

There was more doom and gloom on the High Street this morning as two major players in the entertainment retail sector reported significant sales declines over the Christmas period, The Retail Bulletin reports. Argos suffered a 7.5 per cent like-for-like decline in the 18 weeks to January 3rd compared to …

Best Buy looks set to go head-to-head with DSGi after it emerged that one of the launch locations would be the same retail park that its UK rival is currently trialling its big box format store in. The locations of the first four stores are Bath Road Retail Park in …