All the updated news related to mark smithson

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Heatwave demand for air con and fridges drives up sales for Marks Electrical

A surge in people buying air conditioning and replacing their old fridges during the spell of hot weather has driven up sales for electrical retailer Marks Electrical Group. The Leicester-headquartered company reported its revenue grew 13.7% to £27....

11 Aug 2022 at 11:31

City

Marks Electrical ‘ready to weather cost-of-living crisis’

Marks Electrical has said it is well-placed to deal with the impact of the cost-of-living crisis because most of what it sells is necessary for people’s homes. The business said it gets most of its money from so-called “distressed purchases” – ...

08 Jun 2022 at 10:21

City

Marks Electrical shares dive on profit warning

Marks Electrical has seen its shares plunge after warning over profits as it suffered during the festive season amid a competitive market and as shoppers remained “highly price-conscious”. Founder and chief executive Mark Smithson said he is ...

10 Jan 2024 at 11:49

City

Marks Electrical reports boom in energy efficient laundry machine sales

Shoppers are switching to the most energy efficient washing machines and tumble dryers possible as households are squeezed by rising electricity costs, sales figures form retailer Marks Electrical show. The business said sales of laundry ...

08 Nov 2022 at 10:23

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