Christmas Shivers As Dixons Sees Slowdown

Summary


WARNINGS of a sales slowdown at Dixons ahead of the crucial Christmas trading season sent tremors through the retail sector today and pushed shares in the consumer electricals group 5% lower to 1583/4p.

Chief executive John Clare said sales have slowed in recent weeks and he is cautious about the rest of the year, particularly on prospects for spending on big-ticket, discretionary items such as large flat-screen and plasma TVs.

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Extract


Christmas Shivers As Dixons Sees Slowdown

But Dixons is "confident" in its plans for Christmas and prepari...

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