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Currys and PC World owners DSG reports £140m losses

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Uploaded by on Jun 25, 2009

Currys and PC World owners DSG International has reported losses of over £140 million.. Follow us on twitter at http://twitter.com/itn_news

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  • Thats because some smart-arse at DSGi Head Office decided that stores had 8 weeks to sell ALL their clearance stock. Sounds easy, but when 60% of a stores stock is over 12 months old and classed as clearance, it's near impossible. Any stock which was not sold after 8 weeks was 'Written Off' and charged to the store. The deadline came and went, and over £100m of stock was written off and scrapped, or sent back to the distribution center sold off wholesale for less than 5% of it's original cost!

  • I LOVE CURRYSSSSSSSSSSSSSSSS

  • wooooooooooooooooooooo first veiw mother fuker

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