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Carphone Warehouse to close 531 standalone stores in UK

Carphone Warehouse interior 2.jpg
The company says it wants to focus on selling mobile devices and connectivity through its shop-in-shops in 305 big Currys PCWorld stores and online.

The small standalone stores, representing 8% of Dixons Carphone’s total UK selling space, will close on 3 April 2020. The business expects almost 40% (1,800) of affected colleagues to take new roles internally, but expects 2,900 redundancies as the businesses are brought together. Dixons Carphone says it will go well beyond legal obligations in financial and other support for all affected colleagues. 

The company says the announcement is an essential next step in Dixons Carphone’s turnaround of its Mobile business as part of its strategy outlined in December 2018, to return this part of the business, which will make a £90m loss this year, to profitability. Customers are changing the way they buy mobile devices and connectivity, replacing their handsets less often and buying them separately or as part of more flexible bundles.

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