Retail news
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DSGi appoints new MD to Italian division
- Posted:
- 17 January 2008 09:25
DSG International has appointed Mario Maiocchi as the new managing director of its Italian division. Mr Maiocchi joins from Metro Group, where he has worked since 1998, most recently as managing director for Metro Cash and Carry Italy.Per Bjorgas, DSGi managing director Electricals Division said: "We are absolutely delighted to ...read more
Retailers see share prices tumble
- Posted:
- 04 January 2008 09:15
Retailers have seen their share prices tumble as the first reports on Christmas trading worried investors. After announcing that profits would be up to £50 million lower than expectations yesterday, DSGi saw its share price decrease by over 22% whilst Kesa Electricals and H Samuel jeweller Signet also felt the ...read more
DSGi predicts up to £50 million fall in profit expectations
- Posted:
- 03 January 2008 09:23
DSG International has warned that a poor performance across the UK, Italy and Spain means that full year profits are now expected to come in at £40 – £50 million below expectations. Reporting on the 11 weeks ended December 29th, the period in which over half of the company’s profits ...read more
Head of Tesco US out of running for top job
- Posted:
- 18 December 2007 09:26
The head of Tesco’s US operations Tim Mason has reportedly ended years of speculation by ruling himself out of the running to succeed chief executive Sir Terry Leahy when he retires. According to press reports, Mr Mason said that Sir Terry would likely be succeeded by a younger candidate, although ...read more
DSGi to sell Dell in UK and Europe
- Posted:
- 14 December 2007 09:28
DSG International (DSGi) and Dell have announced an agreement that will see Dell computers sold in DSGi outlets throughout Europe. The move makes DSGi the first high street electronics company in the UK to stock Dell’s products which include notebook and desktop computers from January. DSGi and Dell customers will ...read more
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