The retail industry is moving towards an online model, and that is sadly showing on the high street, with more and more stores closing monthly, this is sadly too often of a story.

And that story is that the Dixons Carphone group has this week announced that it has decided to close 11 percent of its stores in the UK, revealing the news in the company’s Christmas trading statement that they released today.

These high street stores currently include PC World, Currys and The Carphone Warehouse, but as part of these closures, Dixons Carphone will be merging the stores into new brands.

PC World and Currys will become Currys PC World, and within these stores you will find smaller Carphone Warehouse stores inside.

This is something that makes sense for the company and allows them to cut down their costs heavily, as it means they no longer have PC World and Currys stores in the same locations selling the same products, however it is currently unclear how this will affect the current Carphone Warehouse stores.

Thankfully, the company has said that this change is not expected to have an effect on staff numbers or sales, despite them closing a total of 134 stores in the UK.

You can find out more via Dixons Carphone’s official announcement below.

Source: Dixons Carphone

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