The future of big box electrical brands
Richard JenkingsExperian Ltd
With the credit crunch entering the Oxford Dictionary for the first time we are all aware of the way that consumers' spending power is being squeezed between rises in fuel, food and housing costs. What then does this mean for the companies that sell electrical goods?
The past world of electrical retailers in the UK is littered with companies that are gone, although in some cases still remembered. Powerhouse and Miller Brothers went into administration in 2006 and before them Tempo, Radio Rentals, Rumbelows and others passed...