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Closure of the brand’s 531 standalone outlets was caused by shifting nature of market, say observers

Retailer expects 2,900 redundancies

Ed Connolly will serve as CCO while Mark Allsop was named new COO

Exertis acquired distributor in 2018

Revenue drop in line with predictions

More than one in four watch TV on smartphones

The loss is attributed to consumers not upgrading as much as they use to. Dixons wants to renegotiate new deals with operators

OPPO is the fifth biggest global smartphone vendor in the world

Online rivals and lack of upgrades by consumers lead to £440m losses

Dixons Carphone has said it’s putting further security measures in place to protect customer data