Dixons Shuttle shops to near affecting 400 team of workers – after airside tax-free buying groceries axed

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Dixons Carphone is to near its airport retailer industry, affecting 400 team of workers, after the federal government stopped tax-free airside buying groceries originally of January.

The electricals to cellular store mentioned workers would all be presented selection roles inside the crew, which owns the Currys PC International and Carphone Warehouse manufacturers.

Dixons Shuttle has 35 shops and has normally contributed greater than £20m to annual earnings.

A branch of Currys PC World, with a Carphone Warehouse inside, on Oxford Street, central London.
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The gang owns Currys PC International and Carphone Warehouse

The gang mentioned: “We don’t be expecting passenger numbers to get better sufficiently to catch up on the elimination of airside tax-free buying groceries through the United Kingdom govt from 1 January.

“This has resulted in the tough choice to near this industry.”

The announcement got here as Dixons Carphone additionally mentioned that – because of sturdy fresh gross sales – it used to be paying again £73m in furlough fortify from the federal government.

In December, the gang’s leader government Alex Baldock had confronted questions over why the cash used to be now not being repaid because it swung to a half-year benefit.

It has additionally now repaid the entire £144m in VAT that have been deferred through the federal government.

In a buying and selling replace, the corporate mentioned like-for-like gross sales in its UK and Eire electricals department had been up through 11% within the 25 weeks to 24 April in spite of the ongoing closure of shops, because of “very sturdy on-line expansion”.

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Dixons Carphone commits to shops as earnings surge

That used to be an acceleration at the 8% tempo of expansion noticed over the height Christmas buying and selling length.

Dixons Carphone additionally mentioned that crew electricals on-line gross sales had been anticipated to greater than double to £4.5bn for the overall yr.

However there used to be no point out of the corporate’s cell phone department, the place gross sales were suffering and the gang determined closing yr to near all standalone Carphone Warehouse UK shops.

Previous this month, it additionally mentioned it will close the emblem’s shops in Eire.

Traders had been unimpressed through the replace – which comes forward of the gang’s complete yr effects remark in June -sending stocks 5% decrease.

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