Comet announces 300 job losses
Comet is to make 330 staff redundant. The majority of the cuts will be made at Comet's head office in Rickmansworth, Herts, as well as its support site in Hull, East Yorkshire, and call centre in...
View ArticleOnkyo and Pure in strategic collaboration
Japanese home-entertainment brand Onyko has announced a strategic collaboration with Pure – the consumer division of Imagination Technologies – to strengthen its leadership in home entertainment and...
View ArticleOlympus back in profit but not from cameras
Troubled manufacturer Olympus has made a net profit of ¥8 billion (£63 million) in the six months to September, after recording a heavy loss of ¥32bn in the same period last year.
View ArticleOfcom sets out timetable for 4G auction
Communications watchdog Ofcom has published its final regulations and timetable for the 4G mobile spectrum auction, which is said to be the largest ever auction of mobile airspace in the UK.
View ArticleJohn Lewis launches apprenticeship scheme
John Lewis has today announced the launch of its first apprenticeship scheme, which will employ 80 young people this year, providing a sustainable route to long-term employment with the retailer.
View ArticleAmica to sponsor Welsh Rugby
Polish appliance brand Amica will be backing the Welsh rugby during the Autumn Internationals with a live pitch-side advertising banner at the Millennium Stadium in Cardiff.
View ArticleIntel and Qualcomm may throw Sharp a ¥30bn lifeline
US technology firms Intel and Qualcomm Inc are reportedly in talks to jointly invest ¥30 billion (£233 million) in debt-laden consumer electronics firm Sharp, with speculation causing a surge in...
View ArticleDAB as standard in all BMW cars from 2013
BMW UK has announced that, as of next year, all new BMW cars will have DAB radios fitted as standard.
View ArticleAngry Comet staff demand inquiry
Angry Comet staff are demanding a parliamentary investigation into OpCapita, its chief executive Henry Jackson and the way the firm ran Comet after it bought the brand from Kesa Electricals (now Darty...
View ArticleComet to close 41 stores by December
Comet is set to close 41 stores by the end of November unless it can find a buyer, with the initial 27 store closures already under way and a further 14 due this week.
View ArticleGo multichannel or face closure, retailers warned
Retail experts have warned retailers that unless they embrace new methods of shopping, they may risk closure, as theUK’s shop vacancy rate hits 11.3 per cent.
View ArticleFootfall rise heralds Christmas sales boost
A BUMPER Christmas could be on the cards according to the latest Experian Footfall Weekly Index.
View ArticleLeisure to be sold in John Lewis
Beko’s range cooker brand Leisure is to sell four of its models in selected John Lewis stores starting this month, with more models on sale at johnlewis.com.
View ArticleIndesit UK appoints new MD
Indesit Company UK has appointed Maurizio Pettorino (pictured) as its new managing director for the UK and Irish markets.
View ArticleClarity launches ad to improve TV sound
Clarity Alliance, the trade association for the UK’s hi-fi and home-cinema industries, is to launch its first ever advertising campaign tomorrow (November 22) in a bid to encourage consumers to improve...
View ArticleArqiva to invest £6 million in digital radio
Arqiva, the communications infrastructure and media services company, is to invest £6 million into four local multiplexes in a bid to bring digital radio to more than a million-and-a-half listeners in...
View ArticleMeridian Audio to open US showroom
Meridian Audio has announced the opening of its first boutique showroom in the USA in Fort Lauderdale, Florida, making it the 14th store across the globe to provide a Meridian Audio environment.
View Article700 more jobs axed at Comet
A further 735 job losses have been announced at Comet this week, with the majority of cuts made across the company’s home delivery network.
View ArticleSony and Panasonic given junk status
Global ratings agency Fitch has downgraded electricals giants Sony and Panasonic from “investment-grade” to “speculative grade with negative outlook”, otherwise known as junk status.
View ArticleYouView sued in trademark row
Internet TV provider YouView is being sued over an alleged trademark infringement.
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