Dixons Plans Pounds 30mcost Cuts and Name Change

Summary


DIXONS is to slash costs by Pounds 30 million as it prepares for what chief executive John Clare warns could be a lengthy downturn in consumer spending.

He also unveiled plans for Britain's biggest electrical goods retailer to change its name to DSG International although the High Street store fascias will be unaffected.

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Extract


Dixons Plans Pounds 30mcost Cuts and Name Change

"We're still committed to the Dixons brand," he said. "The new name is a reflection of where the group is today.

"The Dixons chai...

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