Shares in the FTSE 250 Currys the electronics retailer jumped 8 per cent, or 7.45p, to 100.3p after financial news blog Betaville suggested a mystery buyer, possibly private equity, was circling the group.Currys shares have fallen by around a third over the last 12 months, meaning the firm could potentially be eyed as a cut-price acquisition opportunity.
Category Archives: Retail suppliers
BSH UK SELL DIRECT TO END USER
BSH has confirmed that it is planning to launch a direct-to-consumer offer for large appliances in the near future.
DYSON REACHES 16 STORES THROUGHOUT ITALY
Dyson has opened two new stores inside Milan Malpensa and Linate airports, both inaugurated in December 2021.
The company, which is present in Italy with 16 points of sale, continues its expansion in the retail sector with these openings and enters the airport world, a few months after the opening of the Demo Store in Florence.
The new spaces, focused on hair care products and some of the main novelties of the vacuum cleaner range, place the customer experience at the center in perfect Dyson style, offering 360 ° advice. The main services offered in the two stores are the delivery of purchases all over the world; the presence of Dyson Experts available to customers to help them identify the best solution for their needs and illustrate Dyson technologies; the possibility to try hair care products in order to choose the one that best suits your needs and finally the product customization service.
V-ZUG open in London
V-ZUG UK announce the opening of the V-ZUG London Studio at 27 Wigmore Street.
After many months of refurbishment, the showroom has opened its doors for the first time today.
Situated in the heart of Wigmore Street, we are all excited to showcase our unique Swiss brand in this beautifully designed space.
Currys edges down profit guidance after ‘challenging’ Christmas
Electricals retailer Currys has edged down its full year profit guidance after what it called a “challenging” technology market at Christmas with uneven customer demand and supply disruption.
The group, which trades from more than 800 stores in seven countries and online, said it expected to deliver a full-year 2021-22 adjusted pretax profit of around £155 million, versus last month’s guidance of about £160 million and £156 million made in 2020-21.
Currys said like-for-like revenue fell 5% in the 10 weeks to Jan. 8 year-on-year, but was up 4% against the same period in 2019-20, before the pandemic impacted trading.
Miele UK delivery partner
Miele has appointed two-person home delivery specialist ArrowXL to handle more than 2,500 consumer home deliveries each month across the UK.
Customers are able to use the 24-hour delivery service to nominate their delivery day. The ArrowXL service also includes an unpack and position feature, where the delivery team disconnect old appliances and connect the new ones as well as removing and recycling all unwanted packaging.
Otto Wilde Grillers first flagship store
Otto Wilde Grillers inaugurated its first flagship store on Düsseldorf’s ‘Kö’ boulevard, a sales floor covering around 130 m². The young Düsseldorf company, which has been in the majority ownership of the Miele Group since earlier this year, is an innovative specialist in the field of ambitious outdoor grilling.
Directly above Miele’s brand store and opened at the same time, Otto Wilde presents its range of grills, outdoor kitchen modules, accessories and premium cuts of meat, and stages its show cooking events. Founded in 2015 in Düsseldorf, Otto Wilde now employs a workforce of 40 and is above all known among barbecue fans for its versatile and adjustable O.F.B top-heat grill. Plans for the future include the launch of a modular outdoor kitchen which can be configured and extended to cater for customer preferences. The heart and soul of this outdoor kitchen is the connectivity-enabled G32 Connected Gas Grill.
Moreover, for perfect grilling results, the outdoor kitchen can be planned and configured individually to include for example the G32 Connected Plus premium gas grill with top heat, a powerful gas cooker and modules providing storage space. In addition to this, the Otto Wilde store offers high-quality
RKW creates 80 new jobs after securing eight-figure investment from HSBC
A company which designs, manufactures and sells domestic appliances for big-name brands is creating dozens of new jobs after securing an eight-figure funding package from HSBC.
RKW, the trading division of Sutton Venture Group, says the investment is being used to created 80 new roles at the business and turn its huge warehouse, based on Stone Business Park, into 24 hour operation
The family-owned company already employs more than 500 staff across three distribution centres, its Stoke-on-Trent headquarters in Fenton, and offices in Hong Kong, India and China.Established in 1989, RKW designs, manufactures and distributes small domestic appliances and housewares for leading brands including Black and Decker, Lavazza, Morphy Richards, Tower, Smeg, Swan, Russell Hobbs and Breville. It supplies leading UK retailers – including Next, Amazon, Tesco, Currys and Argos – from its Staffordshire distribution centre, while international customers are supplied directly from its offices in China.
AO World shares dive 24 per cent amid driver shortage and supply chain problems
Shares in AO World plunged this morning after the online electrical retailer reported an operating loss of £11m in the six months to 30 September 2021, as a shortage of drivers and global supply chain issues stalled growth in the UK.
The disappointing results come a year after the UK-based company recorded an operating profit of £16m for the same period.
First BOSCH Brand Store in Belgium
The first BOSCH Brand Store in Belgium was officially opened on October 8, 2021. The opening ceremony was attended by numerous BSH suppliers, public figures, and BSH employees. With a total size of over 400 m², customers are welcomed in a bright, modernly designed space where the DNA of the Bosch brand is palpable. The products are perfectly presented thanks to the concept developed by the German service provider “Schmidhuber” and the excellent work of the Belgian service provider “Creaplan”. There, customers can explore the BOSCH product world and experience the brand’s new innovations up close. Of course, competent store employees are available for consultation
WHITEGOODSNOW 