Dixons Carphone has stated that its e-commerce channels in both the UK and Ireland have now recovered around two-thirds of sales lost to store closures as it cancelled its full-year dividend for shareholders.
The retailer said the all the stores it closed in March would have been expected to have contributed £400m in sales for the financial year, but the online business has “maintained our unambiguous price promise, continued investment in delivery and carried on growing our range for customers”.
