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Currys rebrands B2B division in shift towards small business tech segment
UK electricals retailer Currys has initiated a significant shift towards the UK's small business technology segment by rebranding and expanding its B2B division, Currys Business. The move comes in response to a substantial increase in clientele, with 75,000 new business customers acquired in the 12 months since August 2024. The retailer aims to capitalise on the market opportunity presented by small and medium enterprises (SMEs) in the UK. Currys Business has added three new local business hubs in Stevenage, Solihull and Exeter in July 2024, increasing its total to 57 locations with plans for three more this year. These hubs, situated within Currys stores, provide SMEs with personalised consultations, exclusive business pricing, 30-day payment terms and business-relevant services such as onsite IT installation. The expansion reflects Currys' understanding that SMEs prefer face-to-face service, setting it apart from online B2B platforms such as Amazon Business. Currys Business also supports SMEs through its contact centre, offering nationwide access to dedicated business experts for tech needs ranging from energy savings to tech troubleshooting and recycling end-of-life products. Currys Business director Chris Williams stated: 'We're seeing growing demand from small businesses who need and want far more than just online ordering. 'Small businesses are facing huge cost pressures, looking to save money wherever possible which is where the expertise of Currys Business colleagues can really make a difference. After 30 years supporting businesses, we're perfectly positioned to become the UK's one-stop-shop for SMEs who want technology solutions, services and support delivered with human expertise.' Besides sales, Currys Business extends its offerings to tech life cycle service solutions, including delivery, installation, onsite configuration and end-of-life support. These services ensure secure disposal of IT assets and bulk recycling, providing businesses with necessary certifications and data protection. Currys Business is also helping customers leverage AI technology, which can transform SMEs and drive growth. "Currys rebrands B2B division in shift towards small business tech segment" was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
9 minutes ago
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elf Beauty (ELF) Jumps 9.7% as Analyst Grows More Bullish Despite Product Price Increase
We recently published . e.l.f. Beauty, Inc. (NYSE:ELF) is one of the best-performing stocks on Monday. e.l.f Beauty saw its share prices jump by 9.73 percent on Monday to finish at $111.67 apiece as investors took heart from an investment firm's bullish rating and price target upgrade for its stock. In a market note, Morgan Stanley upgraded e.l.f. Beauty, Inc. (NYSE:ELF) to 'overweight' from 'equal weight' previously, alongside a higher price target of $134 versus $114 prior. The new price suggested a 20-percent upside potential from its latest closing price. Last August 1, e.l.f. Beauty, Inc. (NYSE:ELF) slapped a 14-percent price hike on its products, saying that it would assess how consumers would respond. 'It will take a couple of weeks for that to fully roll out within retail. And so that is something that we're watching for,' e.l.f. Beauty, Inc. (NYSE:ELF) CFO Mandy Fields has said. However, Morgan Stanley posted a more optimistic outlook, saying that consumers typically do not tend to be especially sensitive to price increases 'given the relative importance of beauty products to consumers.' Copyright: citalliance / 123RF Stock Photo Additionally, it underscored that e.l.f. Beauty, Inc.'s (NYSE:ELF) products are relatively cheaper compared with those from its counterparts, and there is less opportunity for consumers to find more affordable substitutes. While we acknowledge the potential of ELF as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
9 minutes ago
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Smithfield Lifts Full-Year Outlook as Hog Unit Returns to Profit
(Bloomberg) -- Smithfield Foods Inc., the largest pork supplier in the US, raised its full-year profit expectations as a rebound in its hog business counterbalances the impact of tariffs. US hog prices have risen this year amid tight supplies, helping lift profits for suppliers already benefiting from low feed costs. Virginia-based Smithfield has streamlined its own pig production to focus on its more profitable packaged food business, shutting down unprofitable farms and transferring part of its farming operations to a new venture. Sunseeking Germans Face Swiss Backlash Over Alpine Holiday Congestion New York Warns of $34 Billion Budget Hole, Biggest Since 2009 Crisis To Head Off Severe Storm Surges, Nova Scotia Invests in 'Living Shorelines' Chicago Schools' Bond Penalty Widens as $734 Million Gap Looms A New Stage for the Theater That Gave America Shakespeare in the Park The manufacturer of Farmland bacon and Farmer John sausages has been able to minimize the impact of China tariffs on US pork exports by tapping alternative markets, while subsequently resuming shipments to the Asian nation, according to Chief Executive Officer Charles Shane Smith. 'While we are not immune to the impacts of tariffs, we have built flexibility into our system and established multiple outlets for our fresh pork products,' Smith said during a conference call with analysts. The return to profit for hog operations was a major driver for the company's improved outlook. Smithfield is now projecting adjusted operating profit to range from $1.15 billion to $1.35 billion in 2025, an increase of $50 million at the midpoint from the prior guidance, according to a Tuesday statement. Shares of Smithfield dropped 0.7% as of 10:19 a.m. in New York, extending a retreat after reaching an all-time high last week. (Updates share move.) Why It's Actually a Good Time to Buy a House, According to a Zillow Economist Bessent on Tariffs, Deficits and Embracing Trump's Economic Plan The Social Media Trend Machine Is Spitting Out Weirder and Weirder Results Klarna Cashed In on 'Buy Now, Pay Later.' Now It Wants to Be a Bank The Game Starts at 8. The Robbery Starts at 8:01 ©2025 Bloomberg L.P.
