Which? uses cookies to improve our sites and by continuing you agree to our cookies policy

Currys and PC World owner in £30m loss

DSG International posts £30m loss

home Currys exterior

The owner of electrical retailers Currys, Dixons and PC World has dived into the red by almost £30m.

the country’s largest electrical retail chain, has posted underlying losses worth £29.8m in the 24 weeks to 18 October. The firm made a profit of £52.4m the previous year. 

The news rounds off a dire week for some of the country’s most well known high street retailers after the collapse of Woolworths and MFI .

Currys and PC World face tough trading

Currys, the country’s best known retailer for white, and like washing machines, fridge freezers and , saw like-for-like sales fall 7% despite  price cuts to compete with the internet and clear older stock. retailer PC World’s sales fell even further, by 11%.

The retailers were poor performers in the last .

DSG International said the outlook for Christmas and 2009 trading was uncertain.

RSS Feeds

For daily consumer news, subscribe to the here. If you have an older web browser you may need to copy and paste this link into your newsreader: https://www.which.co.uk/feeds/reviews/news.xml . Find out more about RSS in the Which? guide to news feeds

Back to top