Dixons exits high street, retains airport outlets
Gavin Lipsith
The staple high street electronics store is to turn over its high street outlets to sister retailer Currys, but Dixons Tax Free and the online business will remain
In a move that will redefine the UK high street electronics business, Dixons owner DSG has revealed plans to turn over all the retailer's domestic outlets to sister retailer Currys. Only the online business and airport stores will be exempt from the changes, which were announced by DSG CEO John Clare earlier this week.The company is to rebrand all 190 Dixons high street outlets as Currys.digital outlets, a £7m move that will include adding Currys' range of large household electronics to Dixons consumer electronics range. Clare said that the decision was a result of high rents on the high street, and that merging the domestic offer would allow Dixons to better resist inflationary pressures. The rebranding is likely to take about three years, he added.
The strategy also aims to turn Dixons into the UK's largest online electronics retailer, and the company plans to use the expected savings to build on the 1m people who already visit Dixons' website each month, adding new products and increasing marketing spend. The
RavenFox.com is seeking comment from Dixons regarding its future approach to its airport business, which has been by far its best performing division over recent years, with the development of specific travel-retail concepts boosting results.
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Dixons exits high street, retains airport outlets
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