- Today's Hot Chat Topics
- Member Benefits
- Manage your personalised Watchlist.
- Set up an online Virtual Portfolio.
- Participate in Share Chat.
- See more trades and director dealings.
- Play the Fantasy Share Trading Game.
Share:
HomeShare PricesStock PickerFinancial DiaryUK IndicesUK Industry SectorsCompany LookupShare RisersShare FallersBroker RatingsFinance GlossarySMS ServicesShare ChatFinance NewsBlogsLive PricesShares BookshopFinance ToolsMembers
Latest Share Chat
Carphone Warehouse Share News (CPW)
Share News for Carphone Warehouse (CPW)
| Share Price: 241.00 | Bid: 239.50 | Ask: 241.00 | Change: 0.00 (0.00%) |  | ||||||
| ||||||||||
UPDATE 1-Morrisons targets baby market with ex-Best Buy stores
Thu, 26th Jan 2012 11:43
LONDON, Jan 26 (Reuters) - Britain's fourth biggest grocer, Wm Morrison Supermarkets, is targe
The firm said on Thursday it would invest 15 million pounds ($23.4 million) converting the stores to the Kiddicare.com brand it acquired last year.
Morrisons said about 700 new jobs will be created across the country, with the first store expected to open before autumn this year.
Last year Best Buy, which has a joint venture with Carphone Warehouse, closed the stores after abandoning plans for a European chain of electricals megastores.
Shares in Morrisons were down 0.5 percent at 294.1 pence at 11.21 GMT. ($1 = 0.6416 British pounds)
(Reporting by James Davey; editing by Paul Sandle) Keywords: MORRISONS/
(james.davey@thomsonreuters.com; +44 20 7542 7674; Reuters Messaging: james.davey.thomsonreuters.com@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
LONDON, Jan 26 (Reuters) - Britain's fourth biggest grocer, Wm Morrison Supermarkets, is targe
ting a greater share of the mother and baby products market after snapping-up the leases of 10 former Best Buy stores from Carphone Warehouse.
The firm said on Thursday it would invest 15 million pounds ($23.4 million) converting the stores to the Kiddicare.com brand it acquired last year.
Morrisons said about 700 new jobs will be created across the country, with the first store expected to open before autumn this year.
Last year Best Buy, which has a joint venture with Carphone Warehouse, closed the stores after abandoning plans for a European chain of electricals megastores.
Shares in Morrisons were down 0.5 percent at 294.1 pence at 11.21 GMT. ($1 = 0.6416 British pounds)
(Reporting by James Davey; editing by Paul Sandle) Keywords: MORRISONS/
(james.davey@thomsonreuters.com; +44 20 7542 7674; Reuters Messaging: james.davey.thomsonreuters.com@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
UPDATE 2-Best Buy sees investments squeezing near-term profits
* Shares drop 4 percent* May need to make further cost cutsBy Dhanya SkariachanMay 21 (Reuters) - Best Buy Co Inc reported lackluster sales in the fir[21 May '13]
CORRECTED (OFFICIAL)-UPDATE 1-Best Buy sees investments squeezing near-term profits
(Corrects penultimate paragraph to say that sales are not comparable to available estimate)By Dhanya SkariachanMay 21 (Reuters) - Best Buy Co Inc repo[21 May '13]
UPDATE 1-BlackBerry Q10 sells strongly in Canada, Britain -analyst
* Jefferies says its checks indicate strong Q10 sales* New BlackBerry devices win Pentagon clearance* BlackBerry shares rise on NYSE, TSX (Adds deta[3 May '13]
BlackBerry Q10 sells strongly in Canada and Britain -analyst
TORONTO, May 3 (Reuters) - BlackBerry's new Q10 smartphone, which comes with the physical keyboard that many BlackBerry fans prize, is selling well i[3 May '13]
Carphone Warehouse buys out Best Buy from joint venture
LONDON, April 30 (Reuters) - Mobile phone retailer Carphone Warehouse said it was buying out its joint venture partner Best Buy Co Inc for 471 million[30 Apr '13]
RESEARCH ALERT-Home Retail: Morgan Stanley cuts to equal weight
Jan 28 (Reuters) - : * Home Retail Group Plc : Morgan Stanley cuts to equal weight from overweight * Debenhams Plc : Morgan Sta[28 Jan '13]
RESEARCH ALERT-Debenhams: Morgan Stanley cuts to equal weight
Jan 28 (Reuters) - : * Debenhams PLC: Morgan Stanley cuts to equal weight from overweight * Carphone Warehouse Group Plc: Morgan Stanl[28 Jan '13]
RESEARCH ALERT-Carphone Warehouse: Citigroup raises target price
Jan 25 (Reuters) - Carphone Warehouse Group PLC: * Citigroup raises target price to 260p from 225p; rating buy For a summary of[25 Jan '13]
