Dixons Carphone to close 92 stores as profits slide
Craig TaylorShares in the retailer sink 20% as it announces closures and says profits will fall sharply this year. BBC News – Business
Business
WH Smith voted UK’s worst High Street shop in Which? survey
Consumers have criticised the chain’s out-of-date shops, expensive products and rude staff. BBC News – Business
TSB crisis: No end in sight for customers
Five weeks into the IT crisis, the bank says experts from IBM will remain “for as long as it takes”. BBC News – Business
DIY retailer Homebase sold by Wesfarmers for just £1
The sale ends the disastrous entry into the UK retail hardware market by Australia’s Wesfarmers. BBC News – Business
Brexit: Technology-based customs system ‘could cost £20bn’
The technology-based system could cost more than the UK contributes as an EU member, MPs are told. BBC News – Business
M&S to close 100 stores by 2022
The retail giant speeds up the pace of closures that it says are “vital for the future of M&S”. BBC News – Business