Breaking World Business & Financial News from a London Perspective - thebusiness.co.uk
DSG, formerly known as Dixons, became the latest retailer to say that sales of 'white goods' like fridges and washing machines have slowed. Finance director Kevin O'Byrne said that there had been a "single digit decline" in white goods sales in the last two months and that the company was hoping to improve the situation during the January sales. Last week Kesa Electricals, which owns Comet, said that its profit margins had been hit as customers bought fewer white goods in favour of less profitable electricals like laptops. Kesa followed in the footsteps of department store chain John Lewis which also said that