DSG sees sales slide at PC World

Currys owner DSG International revealed more trading gloom today as its PC World chain was hit by a sharp fall in sales to business customers.

Currys owner DSG International revealed more trading gloom today as its PC World chain was hit by a sharp fall in sales to business customers.

PC World’s like-for-like sales tumbled 15% in the 16 weeks to August 22 with “significantly lower” sales to businesses as a result of the recession.

Like-for-like sales of UK electrical goods also slid 14% as DSG, which operates 30 stores in Ireland, struggled against tough comparisons with a year ago when TV prices were slashed.

But a stronger international performance helped limit like-for-like sales declines at the overall group to 6% – improving on the 9% slide seen over the previous year.

Chief executive John Browett said: “Given the challenging environment, this is an encouraging start to the year.”

x

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited