Amazon getting ‘free ride’ from UK retailers, Currys boss claims December 5, 2022 Amazon is getting a “free ride” from UK retailers by using the country’s infrastructure while swerving taxes, the head of high street electronics retailer Currys said yesterday. Alex Baldock told the BBC’s Sunday with Laura Kuenssberg show Amazon “appear[s] to play by different rules than those of us who actually pay some tax”. The online [...]
Temu targets trademarked brands such as Dyson and Zara on Google and Bing June 14, 2024 The majority of these targeted brands are retailers, including Zara, Rayban, Dyson, Curry's, and Marks & Spencer.
Currys gives 10,000 staff fourth pay rise in 18 months with extra help for London workers March 21, 2023 Tech retailer Currys will increase wages for hourly paid staff for the fourth time in 18 months – with workers in the capital getting extra help. Pay for hourly paid store colleagues will rise to £10.50 across its stores in the UK and to £11.50 in London. The retailer revealed that the average store colleague [...]
Currys told to ditch price lock by shareholder to increase margins July 31, 2022 Currys has been told to ditch its “price lock” commitment and make goods more expensive by a veteran hedge fund manager amid the cost of living crisis. Crispin Odey, who holds a substantial stake in the firm, said “freezers and washing machines are going to have to be more expensive as they are currently being [...]
Currys: £60m wiped off market cap as share price tanks 12 per cent after retailer pulls dividend July 6, 2023 Around £60m has been wiped off Currys’ market cap this morning as its share price tanked over 12 per cent, following the retailer pulling its dividend in wake of poor results. Currys revealed that it would not be paying its final dividend to shareholders following poor performance, as its Nordic arm weighed down revenue. The retailer [...]
Currys slashes profit forecast as boss warns ‘tough environment’ isn’t going anywhere December 15, 2022 Currys has booked a loss as its chief executive warned that a “tough environment” showed little signs of disappearing in the short-term. The laptop-seller slashed its full year outlook from an initial target range of £130m to £150m to a lower target of £100m to £125m. It posted a group adjusted loss of £17m for [...]
Currys commits to price freeze as full year profits jump July 7, 2022 Electrical retailer Currys committed to a price freeze on dozens of products today as it reported a jump in profits to £126m for the full year.
Asos chair Ian Dyson to take on role as Currys chair May 19, 2022 Currys has announced Asos chair Ian Dyson will join the company as chair of the electronics retailer. Dyson will succeed Ian Livingston by joining the board as chair on 8 September, when Livingston will step down from the board. The Asos chair has decades of experience of retail and leisure, including a five-year stint as [...]
Curry’s on track to hit profit expectations despite warning of ‘further headwinds from Omicron’ December 15, 2021 Curry’s has said it expects to hit profit expectations despite any “bumpy demand” related to Covid uncertainty. In unaudited results for the half year ended 30 October, the technology retailer reported group adjusted profit before tax of £48m, compared to £40m in the same period a year prior. It marks a great leap from the [...]
Forget Dishoom: Veeraswamy is London’s more intriguing Indian restaurant January 31, 2024 Veeraswamy, soon to celebrate its centenary, is Britain's oldest curry house and should inspire curry houses around the country with its friendly service and superior food