news News in Brief
Online electrical sales declined in April
While online retail showed positive growth in April, with sales rising +10.2% year-on-year, electrical sales, which have been on a run of phenomenal sales since the start of the first government-imposed lockdown, declined 3.7%. For electricals, this was the first negative result in 19 months, according to data from the IMRG Capgemini Online Retail Index.
A third of SMEs unaware of bounce back loan repayment options
Mitchell & Brown heralds its commitment to independent retailers
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itchell & Brown has unveiled details of its expanded 2021 TV line-up,
offering independent retailers an exclusive range of TVs designed for UK consumers, backed up by Mitchell & Brown’s seven- year warranty, UK-based call centres for customer support and robust margins. The new line-up boasts 30 new models
covering 4K/Ultra HD, Smart, DVD Combi, Full HD and HD Ready TVs. Hero of the 2021 line-up is Mitchell & Brown’s UHD18114KBL 4K Smart Near-Borderless series, available in 43in, 50in and 55in screen sizes. Dan Brown, director of operations at Mitchell
& Brown, told IER: “The Mitchell & Brown brand is built on quality, service and customer support, and that makes it a natural fit with independent retailers that have built their businesses on the very same values. “As a family-owned British brand, we are
invested in our retailers and their success matters to us. We fully support the channel
A year on from the launch of the Bounce Back Loan Scheme (BBLS), almost one in three (29%) small and medium-sized businesses who took out a loan are not aware of the Pay As You Grow (PAYG) options which provide more time and flexibility to make repayments, according to research by Lloyds Bank.
BSH achieved record turnover in 2020
BSH Hausgeräte GmbH (BSH) achieved the highest annual turnover in its more than 50- year history in 2020. The home appliance manufacturer reached sales revenues of €13.9 billion (£12bn), a 5.3% growth compared to the previous year. Dr Carla Kriwet, chairwoman of the BSH board of management, said: “Our strong brand portfolio, innovative products and digital solutions enabled us to satisfy consumers’ desires and expectations.”
Amazon announces 10,000 new permanent UK jobs
Amazon will create more than 10,000 new permanent jobs in 2021, taking its total UK workforce to more than 55,000 people by the end of year. The internet giant also announced that it will invest £10 million over three years to train to up to 5,000 employees in new skills and support the Government’s investment programme.
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with a competitive pricing structure and solid margins, POS materials and full display walls for retailers really looking to really get behind Mitchell & Brown.” Mr Brown said the seven-year warranty builds trust and confidence with the brand, both for retailers selling the products and customers looking to buy them. He added: ‘With most TV brands offering a basic one-year warranty up to five-years at the top end of the market, our warranty sets the industry standard across the range. “
Electrical appliances to be cheaper to run and last longer with new standards
‘premature obsolescence’ – a short lifespan deliberately built into an appliance by manufacturers which leads to unnecessary and costly replacements for the consumer. From this Summer, manufacturers will be legally obliged to make spare parts for products available to consumers for the first time, so that electrical appliances can be fixed easily. The move is expected to extend the lifespan of products by up to 10 years – preventing
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inisters have introduced tough new rules for electrical products to tackle
appliances ending up on the scrap heap sooner than they should and reducing carbon emissions at the same time. The changes will also set far higher energy- efficiency standards for electrical products which, overall, will save consumers an average of £75 a year on energy bills. They will cut eight mega tonnes of carbon emissions in 2021 by reducing the amount of energy products consume over their life-time – the equivalent of removing all emissions from Birmingham and Leeds each year.
Sony launches several BRAVIA TV models in large screen sizes
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ony has announced the start of deliveries of several large-screen
variants of its 2021 televisions. Customers looking to upgrade their home
entertainment setup will now have the opportunity to choose from a variety of entry and high-end models boasting some of Sony’s most advanced proprietary picture and sound technologies. Two of the models (Bravia XR Master Series 83in A90J 4K HDR OLED TV and Bravia XR 75in X90J 4K HDR Full Array LED TV) are part of the
BRAVIA XR range and come equipped with the Cognitive Processor XR, which employs a completely new processing method going beyond conventional AI, designed to replicate the ways humans see and hear.
May & June 2021
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