'Unsustainable' £90m loss forces Carphone Warehouse closures

An 'unsustainable' £90m loss this year has forced Dixons Carphone to close all 531 stand-alone Carphone Warehouse stores in a bid to return to profitability with the loss of circa 2,900 jobs.

The company said more buyers are purchasing goods online and through the larger Currys stores. 

It is reported that the number of customers using the group’s smaller mobile phone shops had slid by 16% this year. 

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