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The Natural Philosopher
 
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Default Fio all those who love Dixons as much as I do..;-)

The Natural Philosopher wrote:

http://news.ft.com/cms/s/1571a61a-1f...00e2511c8.html


Oops,. Subscribe only.,
Here is the gist

Dixons Group, the struggling electrical retailer, on Wednesday was
cautious about prospects for the rest of the year as it revealed a fall
in the sales of mobile phones and PCs over the summer.


In the UK, which accounts for just under three quarters of underlying
profit, like-for-like sales dropped 7 per cent and 4 per cent overall
for the 16 weeks to August 20. Total group like-for-like sales dropped 3
per cent.

The slowdown was led by The Link, Dixons’ mobile phone chain, which saw
sales drop dramatically, down 28 per cent on a like-for-like basis,
while PC World sales dropped 7 per cent during the same period.

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