Gamble of the week: Turnaround electronics retailer

Not long ago, people were wondering whether this electronics retailer was to become another victim of Britain’s high-street bloodbath. At the end of 2011, you could have picked up a share for less than 10p.

Since then it has done a pretty good job of turning itself around. There’s no doubt that it has been helped by the demise of rivals such as Comet and the boom in gadgets like tablet computers. But it has also been getting out of unprofitable businesses and slimming down its store portfolio.

Market share data shows that it is also holding its own against [...]

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