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Dixons Carphone admits 2017 hack was bigger than first thought
Dixons Carphone -- owner of major high street brands Currys PC World and Carphone Warehouse -- has confirmed that its 2017 cyber attack was much bigger than first anticipated. In an investor announcement, the company said that the breach affected as many as 10 million customers, up from the 1.2 million it acknowledged back in June.
Coming soon to Tesco: Currys PC World outlets
Tesco is already a solid if unspectacular seller of consumer tech, but a new partnership with Dixons Carphone looks set to take things up a notch. In an announcement today, the UK's biggest grocer confirmed it will open two Currys PC World outlets inside its stores, allowing shoppers to browse a selection of TVs, computers, white goods and accessories.
TalkTalk chief Dido Harding is stepping down
After weathering the worst of a major customer hack in October 2015, TalkTalk CEO Dido Harding is stepping down after seven years in charge. In a regulatory announcement today, the provider confirmed that Harding will stay with the company until May, when Tristia Harrison -- who is currently the Managing Director of TalkTalk's Consumer division -- will replace her. To assist with the transition, TalkTalk founder Charles Dunstone will scale back his role at Dixons Carphone and serve as Executive Chairman.
Carphone Warehouse's 'iD' network adds free data rollovers
When Carphone Warehouse's iD mobile network launched in May last year, it promised flexible plans that would suit the differing needs of consumers. International roaming was a big draw, as was unlimited data, but it wasn't long before out all-you-can-eat internet was phased out in favour of a 20GB ceiling.
Dixons Carphone to close 11 percent of UK stores
The British high street is a difficult place to compete. Dixons Carphone, the company behind Currys, PC World and Carphone Warehouse, knows that all too well after announcing plans to shutter 134 stores. The downsizing manoeuvre will merge any remaining PC World and Currys outlets under a single brand -- the convoluted "Currys PC World" -- with a smaller Carphone Warehouse section inside. Although its footprint will shrink by 11 percent, Dixons Carphone says it's "very confident" the move will have a "neutral or better" impact on sales and staff numbers. It's an ambitious target, and one that puts faith in its new three-in-one store concept.
Currys PC World trials collections from Carphone Warehouse stores
Following their £3.8 billion merger, Dixons and Carphone Warehouse have set about expanding their collective retail presence by incorporating phone shops inside bigger Currys and PC World stores. It's a tactic that has worked well, so well in fact that the two companies are now set to make better use of Carphone's independent outlets. In a bid to compete with rivals like Argos, Currys and PC World have begun trialling collection points at the phone seller's stores. Right now, the trial is limited to smaller appliances and is available in 22 Carphone Warehouse locations across London, Hertfordshire and Canterbury.
Dixons and Carphone Warehouse merge to form Dixons Carphone
Dixons and Carphone Warehouse have just completed a merger and will now be known as Dixons Carphone. The negotiations began in earnest some three months ago, but merger discussions between the companies have been ongoing since long before that. Dixons has some 950 Currys and PC World outlets, while Carphone Warehouse is England's largest telecom retailer with over 2,000 stores and a 46 percent share of Virgin Mobile France. Dixons Carphone will therefore have nearly 3,000 stores and 35,000 employees, prior to any cost-cutting. However, Carphone Warehouse noted that the deal, which is still subject to shareholder approval, would save up to £80 million per year -- meaning some chopping is no doubt in order. No money reportedly changed hands, and each brand will continue to focus on its traditional products.
