Dixons to axe distribution centres
22/06/2005 - 07:39:10Retailer Dixons said today it was axing a series of distribution centres as part of a major cost reduction exercise at its UK business.
The group did not disclose how many jobs were likely to be affected by the change, but added that it would result in its distribution network being rationalised from 17 to just two over the next two years.
The overhaul, which is among savings of £30m (€45m) planned for this year, emerged as Dixons braced itself for an uncertain year ahead, particularly in the UK, where it said trading was likely to be “challenging”.
