Retail news
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DSGi proposes closure of 40 Italian stores
- Posted:
- 29 April 2008 09:37
DSGi has announced that, as part of its ongoing business review, it has identified around 40 stores in its Italian operations to be considered for closure over the next two years. The company said that it had informed the staff concerned and is working with the unions to review each store on a case-by-case ...read more
DSGi hampered by poor UK sales
- Posted:
- 10 April 2008 09:26
DSG International has announced a rise in total group sales of 6% in the 25 weeks to April 5th. However, like-for-like sales were down 1% as the trading environment remained "challenging", particularly in the UK, Italy and Spain. The UK & Ireland electricals business saw good demand in response to ...read more
New COO for DSGi
- Posted:
- 01 April 2008 09:18
DSGi has announced the appointment of Patrick Macdonald as chief operating officer with effect from May 1st. Reporting directly to chief executive John Browett, Mr Macdonald will be tasked with driving improvements across the group's international operating model. His responsibilities will include major change and process enhancement programmes, information systems ...read more
Ex-DSGi boss launches etail venture
- Posted:
- 18 February 2008 09:42
Former DSGi chief executive John Clare is to launch a social networking and retail site called Myfaveshop.com.According to press reports, Mr Clare said: "Online shopping is currently very functional. We are trying to recreate the social side of shopping online".Mr Clare has teamed up with Lord Saatchi to create the ...read more
DSGi "fully co-operating" with Intel investigation
- Posted:
- 14 February 2008 09:15
DSGi has been raided by the European Commission as part of a multi-million pound market abuse investigation. Twelve officials arrived unannounced at the group’s offices in Hemel Hempstead at around 10am as part of an anti-trust inquiry into Intel, the micro-processor maker. A spokesman said that the company was "fully co-operating ...read more
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