Dixons looking to close 60 high street stores and transform others into 'urban toyshops'
Dixons Retail look set to ‘downsize’ their operation in the UK with as many as 60 high street stores highlighted for closure. Reeling from losses of £119m last year, their boss man says they could have as few as 30-40 stores by 2016.
In a move that makes them sound like a non-Apple version of the Apple stores, Sebastian James said they would be ‘urban toyshops’ and would be ‘full of fun, exciting new technology’.
James pointed out the Dixons store in swankypants Westfield, Stratford, saying that: “We think that is a great model. It’s trading its socks off.” It sells socks as well? Cool.
It is believed that the total number Dixons Retail stores would drop from 530 to about 400, with most of them combining Currys and PC World. But the good news is that they don’t envisage any redundancies as part of the process.