More than 200 Currys and PC World stores could close as part of a restructure
by the parent Dixons group, an analyst has claimed.
The prediction from Credit Suisse retail analyst Tony Shiret,
reported
by the trade magazine ERT, followed news that the group's full-year profits
would be £50m below expectation.
He predicted that the UK would go the way of the US, where 25percent of
electrical sales are made online. In Britain the figure in 11percent.
Dixons dismissed the claim as speculation. Its finance chief Kevin O'Byrne
told ERT: "Stores will be core to retail for some time to come and we have no
plane to close stores at the moment."
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