One of Hemel Hempstead’s major employers will soon leave its giant premises in the town’s industrial estate.
Electronics retailer Dixons’ head office on Maylands Avenue employs around 1,000 people and has confirmed it will relocate next year, following its recent merger with Carphone Warehouse.
The merger, which led to a market cap – the total value of the shares outstanding of a publicly traded company – of around £3.7billion for the new company Dixons Carphone, was proposed in May and completed in August of this year.
A spokesman for the company previously told the Gazette: “We are looking at all options for the location of our head office following the recent merger with Carphone Warehouse, including Hemel Hempstead.”
However, the company today confirmed it would be moving to a new base in Acton, west London, in May next year.
A spokesman said: “Dixons Carphone confirms the location of the company’s head office will be in Acton. The site was previously Carphone Warehouse’s head office and, following a thorough review of all options, has been identified as the most appropriate location available.
“The confirmation of the site of the new head office is another important step forward in the integration process, as both companies come together to build one vision, one culture and one future. The move is expected to begin in May 2015.”
There are no current plans for redundancies within the current head office staff, although there is to be a period of transition during which support mechanisms will be put in place for those needing flexible working arrangments and changes to their travel plans.
The merger with Carphone Warehouse is expected to lead to the creation of hundreds of new jobs in customer-facing roles in stores and some consolidation of head office functions, and T
The company recently confirmed it will re-employ all Phones 4U staff from within the Currys store in the Apsley Mills retail park, following the mobile phone chain’s collapse into administration last month.
Dixons, which operates chains including Currys and PC World, has 530 outlets in the UK and Ireland, and 322 in northern Europe.
On Dixons Carphone’s first official day as a newly merged company, it launched seven store-in-stores within PC World and Currys units across the UK, with a further 23 expected to be up and running by Christmas.