also predicted festive cheer for Microsoft's Kinect for Xbox 360, a controller-free, motion-sensing gaming device.
John Browett, boss of Dixons parent group DSGi
, said there was a "crisis in confidence" and Christmas trading would be "tough, late and nervewracking".
Peter Keenan, managing director of UK Electricals for DSGi
who own Currys and Dixons, said: 'Our stores will offer an unprecedented range of home appliances and technology products from the convenience of the High Street.
More than 100 million customers shop in-store and online with DSGi
John Kaye, group payment services controller for DSGi
, said: "Customers are at the heart of everything we do, and we want our credit offer to keep pace with all the other work we have been doing on improving the in-store shopping experience.
and Daiwa Securities SMBC agree in principle to the transfer of all shares of DAC from DSGI
to Daiwa Securities SMBC with the target transfer date being April 1, 2010.
For example, DSGi
- the owners of both PCWorld and Curry's - reported a seven per cent fall in sales, with similar drops at other major retailers such as Land of Leather (47%) Carpetright (13%), JJB Sports (18%) and Comet (13%).
We also do not believe that DSGI
has seen changes to its payment terms to suppliers.
actively shorted too eg: HMV, JJB Sports, Signet and DSGI
Comprehensive profiles of all significant UK electricals retailers including Argos, Asda, Comet, DSGi
, Game Group, Jessops, John Lewis and Tesco.
For further information David Lloyd-Seed, Group Director of Communications, DSGi
+44(0)1727-205065 Mark Webb, Head of Media Relations, DSGi
+44(0)1727-205019 Laura Cummings/Jayne Rosefield Brunswick +44(0)20-7404-5959
Current customers for finance and branded credit cards include Flybe, Selfridges & Co, JJB, ScS, DSGi
, Homebase, Argos and a number of top-level football clubs, including Wolverhampton Wandererd and West Bromwich Albion.