Dixons enjoys New Year fillip

Electrical retailer Dixons said it saw strong sales ahead of Christmas but this was not enough to stop like-for-like sales slumping 5% in the last three months of 2011.

Electrical retailer Dixons said it saw strong sales ahead of Christmas but this was not enough to stop like-for-like sales slumping 5% in the last three months of 2011.

The firm said like-for-like sales in Southern Europe, which includes Greece and Italy, fell 10%, while in the UK and Ireland they fell 7%.

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