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Electrical Stores


Lewisons is to create 60 jobs at a new electrical products store in Southampton, and is reported to be looking to open up to 80 sites across the south.

Meridian Comet is planning to set up a new chain of 80 high street electrical stores over the next two years.

Stellisons is to open a 32,000 sq ft electricals superstore on the Orwell Retail Park in Ipswich this spring.

Maplin is looking to open electrical stores in travel locations such as airports and railway stations next year.

Yesss Electrical is planning to set up a nationwide chain of 300 electrical wholesale outlets over the next ten years, with the first sites due to open in Hull and Poole.

OpCapita has acquired Comet, the chain of 248 electrical stores, from Kesa for a nominal sum.

Kesa Electricals is to sell the Comet electrical chain to private equity firm OpCapita.

Ryness, the London-based chain of 12 lighting and electrical stores, has been acquired by Marlowe Holdings, the parent company of Edmundson Electrical, for undisclosed terms.

Hughes Electrical has bought some of the assets of Bennetts out of administration, and will reopen six of the East Anglian electrical stores with the creation of up to 100 jobs.

BrightHouse is looking to expand its chain of 228 electricals and furniture stores with at least 30 new outlets over the next financial year.

British Heart Foundation is planning to expand its chain of 100 furniture and electrical charity shops with 40 new outlets this year.

Best Buy has announced plans to open new electrical stores in Derby this autumn and in Nottingham in summer 2011.

Comet is planning is to refurbish 40 of its 248 electrical stores this year.

Best Buy is to create 100 jobs at a new electrical products store at Cribbs Causeway in Bristol, as part of a plan to open 80 stores in Europe over the next three years.

Harry Garlick is to relocate its Lancashire-based electrical appliances warehouse to a 65,000 sq ft unit at Albion Mills in Earby.

Best Buy is to create more than 100 jobs at a new electrical store due to open in Aintree on Merseyside this spring.

John Lewis is to invest £7.5m opening a new home furnishings and electricals store in Croydon this autumn, with the creation of 220 jobs.

Best Buy, the US electricals retailer, is planning to create up to 1,000 technical support jobs in the UK by 2015.

Comet is considering plans to open electrical stores in city centres, depending on the success of trial outlets in Leeds and Manchester.

BrightHouse is planning to expand its chain of 177 furniture and electrical stores with a further 20 outlets over the next year.

Trading Bargains is looking to expand its chain of 40 furniture and electrical appliance stores, and believes there is potential for up to 150 outlets.

John Lewis is considering plans to set up a chain of up to 50 smaller-format home furnishings and electrical goods stores, and the first trial outlet will open in Poole in October.

KPMG has sold eight Apollo 2000 electrical branches in the West Midlands and Lancashire out of administration to East Anglia-based Hughes Electrical, and about 12 jobs will be created in each store.

Home Retail Group has bought the Alba and Bush trademarks from electrical goods supplier Alba for £15m, and Alba will change its name to Harvard International.

BrightHouse is planning to open 15 electrical stores in the Manchester area over the next few years, with the creation of about 100 jobs, and believes there is potential to expand the nationwide chain from 177 to 600.

BrightHouse is to expand its chain of 168 electrical stores with 25 new outlets this year and up to 40 next year.

Best Buy of the US is to open its first UK electrical stores in Thurrock, Staines and London, and is expected to open up to 20 outlets next year.

Clas Ohlson of Sweden is to open its first UK electricals store at the Whitgift centre in Croydon later this year, and further outlets will follow over the next three years.

Buy As You View has secured a £6m cash injection to fund the expansion of its electrical goods and furniture retailing business, and its head office will relocate from Llantrisant to Bridgend this year.

Kesa Electricals is to acquire Electrodomesticos Menaje Del Hogar Sociedad Anonima, the Spanish electricals retailer with 62 stores, for £68m.

Homebuy, the electrical products supplier with 400 staff in Walsall, Manchester, Chester-le-Street, Belfast, Dundee, Glasgow, Rotherham, Sevenoaks and Wigan, has undergone a £22m management buy-out.

Comet, the electricals retailer, is considering plans to set up a 385,000 sq ft distribution centre in Harlow.

Kesa Electricals is to install mezzanine floors into 40 of its 250 Comet electrical stores, with the first ten opening this year.

BrightHouse is looking to expand its chain of 145 hire-purchase electricals and homewares stores with at least 100 new sites.

Sainsbury's is planning to extend about 70 stores over the next year, in order to expand its ranges of homewares, electricals and clothing.

Empiredirect has bought six Miller Brothers electrical stores out of administration, securing 100 jobs in Bolton, Derby, Wetherby, Dudley, Loughborough and Romford.

DSG International is to create 1,000 customer service jobs in its out-of-town Currys electrical stores, but 250 management jobs will be lost.

BT Group has acquired, the Bolton-based online electrical products retailer, for an estimated £30m.

Bennetts, the chain of 11 electrical stores with 400 staff, has undergone a management buy-out for undisclosed terms.

Tesco is looking to recruit about 150 non-food buyers, as part of a strategy to expand its fashion, electricals, toys and catalogue sales.

DSG International is to acquire Markantalo, the Finnish chain of 26 electrical stores, for up to £34m.

The Post Office is to invest £10m at its 540 directly-managed branches by the end of the year, in order to start offering CDs, DVDs, electrical items and stationery.

Tesco is to open two trial 30,000 sq ft Homeplus stores in Manchester and Aberdeen, in order to sell clothing, homewares, entertainment and electrical products.

Homebuy Group has acquired BC Acquisition for £28m, in order to expand its customer base for rented televisions and other electrical equipment.

Dixons is planning to relocate up to 40 of its 300 Currys electrical stores away from "fashion-led" retail parks over the next three years, due to the comparatively high rents.

Meteor Electrical is to create 100 new jobs at its Cookstown-based electrical wholesaling business over the next 18 months, with vacancies in warehouse management, distribution and telesales.

Laser Electrical, the chain of eight electrical stores in Northern Ireland, has undergone a management buy-out for undisclosed terms.

Dixons is planning to create 2,000 jobs across Europe and 1,000 in the UK this financial year, by expanding its chain of electrical goods stores.

Internetdirect, the online supplier of cameras and electrical products, has been bought out of administration, saving 35 jobs.

Dixons is planning to set up a chain of up to 130 xL electrical superstores, which are about four times larger than its traditional shops.

Powerhouse, the electrical retailer, has been bought out of administration by Pacific Retail Group of New Zealand, and PRG expects to secure 2,000 jobs and open about 50 new outlets.

Viridian and 3i have sold the ShopElectric chain of 35 electrical stores in Northern Ireland to Northern Retail.

Comet, the electrical goods retailer, is planning to build a £72m distribution hub in Skelmersdale to service the North and Scotland.

BrightHouse is planning to open 20 electrical stores this year.

Kingfisher has agreed to sell ProMarkt, the German electrical retailer, back to its founders for a nominal sum.

Kingfisher is planning to open 77 Comet electrical megastores over the next five years, with many replacing existing smaller sites.

Dixons is to acquire UniEuro, the Italian electrical retailer with 88 stores, in a £231m deal.

Dixons is planning to open an electrical megastore in Cardiff later this year, and the concept could be extended nationwide if successful.

Dixons is planning to create more than 1,000 jobs in its electrical retailing business over the next year, which will benefit its Hemel Hempstead head office, call centres in Nottingham and Sheffield and its logistics division.

Courts is planning to introduce a new format at its chain of 90 furniture and electrical stores over the next two years, and is also considering further expansion in Asia.

Kettering Borough Council has approved plans from JJ Gallagher for the development of a £10m B&Q Warehouse, Comet electrical store and car park in Northfield Avenue.

Kingfisher has announced plans to open 70 Comet electrical stores over the next five years, with the creation of 3,000 jobs.

Dixons is planning to open about 70 electrical product stores over the next year with the creation of about 1,300 jobs.

Courts is planning to open up to 33 furniture and electrical stores this year, including 30 overseas, and also hopes to complete the refurbishment of its UK chain.

Dixons is to acquire SuperRadio, the Danish chain of out-of-town electrical superstores, and will rebrand the outlets under its El-Giganten name.

Kingfisher is planning to open 15 Comet electrical stores a year, and will gradually sell off its smaller stores to concentrate on 220 "destination" stores.

Maplin is planning to expand its chain of 58 electrical stores with about five new outlets a year.

Dixons is planning to open up to 30 PC City electrical stores in France.

Courts, the home furnishings and electricals retailer, is to open five more outlets in the UK next year, and has announced joint ventures to open stores in South Africa and Madagascar.

Harvey Norman, the Australian furniture and electrical retailer, is planning to open a flagship stores in London next April, as part of a £190m overseas expansion programme.

Kingfisher is to demerge Woolworths and Superdrug from the B&Q and Comet chains next spring, in order to facilitate international expansion for its DIY and electrical businesses.

Kingfisher is to set up a 30,000 sq ft Comet electrical store at the Anglia Park development in Ipswich, which is due to open later this year.

Dixons has acquired a 15% stake in P Kotsovolos, the Greek electrical retailer, for £44m, and the two companies will prepare plans to expand into eastern Europe.

Kingfisher is to invest £60m in its internet retailing operations this year, and has also announced the formation of five e-commerce business units - electrical, DIY, health, home and investments in other internet businesses.

Dixons is setting up an e-commerce business in France, in order to sell products sold in its UK computer and electrical stores.

Stepek is planning to double the size of its network of 21 electrical stores by July 2001, creating 60 jobs.

Scottish Power is planning to open at least 12 electrical superstores this year.

Dixons has acquired Elkjop, the Norwegian electrical retailer, for £444m, and hopes it will lead to the launch of some of its UK-based chains in Norway and Sweden.

Kingfisher is to invest £1.5m in the development of a national call centre in Hull for its Comet electrical retailing business, creating up to 300 jobs.

Kingfisher is acquiring Hugo Van Praag, the Belgian electrical retailer, for up to £20m.

Just Rentals, the South Wales electrical retailer, is changing its name to Buy As You View, and is planning to open stores across the country starting with an outlet in Sunderland next month.

Carphone Warehouse is to buy 270 Tandy electrical stores from InterTan of the US for undisclosed terms, which will give it a total of 450 stores in the UK and 139 in continental Europe.

Dixons is planning to create up to 2,000 jobs this year by expanding its chain of electrical stores.

Denmans Electrical Wholesale is acquiring Simpson & Paul, the operator of lighting and electrical supplies depots in Watford and High Wycombe.

Kingfisher has acquired Electrical City, the Singapore electrical retail chain, for undisclosed terms, and will use it as a base to expand further into south-east Asia.

William Wilson, the Aberdeen-based heating and electrical wholesaler, is to open a new depot at Solihull in the West Midlands, creating 12 jobs.

Dixons is buying Seeboard's chain of 39 electrical retail stores for about £20m, and is said to be planning to close up to two thirds of them.

Kingfisher is to increase its stake in BUT, the French electrical retailer, from 26% to about 62% at a cost of £103m, and will combine the business with its pan-European Kingfisher Electrical Retailing division.

Courts, the electrical and furniture retailer, is planning to open up to 10 UK superstores this year with an emphasis on northern England.

Powerhouse Holdings, the electrical appliances retailer, is planning to expand its chain of superstores from 39 to 50 and then hopes to undergo a flotation next year.

Kingfisher is buying 60% stakes in two German electrical retailers - Wegert Verwaltungs and Promarkt Holding - for £49m, as part of a strategy to create a global retailing business.

Argos has issued a profits warning due to poor sales of toys, jewellery and electrical goods, while it has also announced plans to cut 100 head office jobs, close a warehouse in Welwyn Garden City, create a new distribution centre in Lancashire, and pilot a home shopping service.

Dixons is planning to create up to 3,000 jobs in its chain of electrical goods stores, following a 17% increase in sales in the first nine weeks of the year.

Powerhouse is planning to open a further six electrical superstores this year with a stronger focus on white goods, creating about 100 jobs.

Kingfisher is acquiring BCC Holding Amstelveen, the Dutch electrical retailer with 17 stores, for £34m.

Comet, the electrical retailer, is acquiring Norweb's electricity showrooms for £29m, and is expected to withdraw from about 57 high-street shops in order to avoid conflict with its existing stores.

Dixons, the electrical retailer, has bought DN Computer Services, the mail order computer company, for £9.7m.

Dixons, the electrical retailer, is planning to open 10 Currys superstores and 10 PC Worlds this year, creating 2,500 jobs.

Dixons, the electrical retailer, is planning a £100m expansion focusing on its PC World and The Link outlets, and creating 4,000 jobs over the next two years.

Hanson is buying the Powerhouse electrical retailing business from Southern Electric, Eastern Group and Midlands Electricity.