Type
Closure
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Wholesale / Retail
Retail trade
Retail sale of automotive fuel
47.40 - Retail sale of information and communication equipment

2,900 jobs
Number of planned job losses
Job loss
Announcement Date
17 March 2020
Employment effect (start)
3 April 2020
Foreseen end date

Description

Dixons Carphone, the UK-based multinational electrical and telecommunications retailer has announced that it is closing all its 531 Carphone Warehouse shops, which specialise in selling mobile phones. The shops will close on 3 April 2020, making 2,900 jobs redundant. Another 1,800 workers who are affected by the store closures will be transferred to mobile phone outlets within large electrical stores.

The CEO said that the decision was not influenced by the Covid-19 pandemic, rather, it was the next step in restructuring the business as part of an existing strategy. However, he added that the coronavirus outbreak and the uncertain economic outlook had made the decision more urgent.

Dixons Carphone operates under several brand names, such as Currys and PC World in the UK, Ireland and in other European countries.


Sources

Citation

Eurofound (2020), Dixons Carphone, Closure in United Kingdom, factsheet number 100134, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/100134.