Thursday, May 15, 2008
Oh dear - we can't afford gadgets anymore
Guardian: DSG to close stores and lay off staff
Struggling high street retailer DSG failed to impress the City this morning after announcing that it will close more than 75 Currys.digital stores, axe staff and slash its dividend in an attempt to turn its fortunes around in the worsening economic climate.
Posted by uncle chris @ 02:49 PM (258 views) Add Comment
3 Comments
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1. Victor said...
Thats what I said yesterday.
http://timesbusiness.typepad.com/money_weblog/2008/05/inflation-buste.html#comment-114561874
2. malct said...
almost on target/topic - not bad for an astrophysicist with a phd lol
hopefully this will reduce global warming. though not on Pluto!
3. Rental John said...
Expect more of the same in the coming months as the wheels come off consumer spemding. As things get tight more will be spent on essentials - that new TV or iPod can always be put off until later....fairly obvious really.