Dixons Carphone announced it will close 134 stores

Dixons Carphone has announced it will close 134 stores & plans to roll out its 3-in-1 store format across the whole business, it merges its remaining PC World.

Dixons Carphone will invest £50 million to refit the stores and well as leaving £70m in provision for the financial year 2015/16 for property exits costs.