We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,259 News Articles

Is Time running out?

PC maker insists it's merely optimising outlets

Time Computers has hit back at rumours that it is experiencing financial difficulties.

The PC manufacturer announced today it has closed 12 of its 150 stores across the country, but insists these are simply part of an ongoing retail review.

“We closed stores in bad locations where leases had run out or where other Time stores were located nearby,” said Time spokesperson Ayeshea Domun.

London's Oxford Street and Piccadilly flagship stores closed on Monday.

The company insists all staff will be relocated in 10 new stores expected to open by the end of the year.

“We do not foresee any redundancies,” said Domun, who claimed the cost of relocation was “negligible”. She was unwilling to comment on how much revenue the moves are expected to generate.


IDG UK Sites

Sky to offer mobile phone contracts with O2: Will Vodafone make a move?

IDG UK Sites

Windows 10: a guaranteed success. Probably.

IDG UK Sites

Do we need to fight the government again over design and art education?

IDG UK Sites

How to make money selling books on the iBookstore, publish your book in Apple's book store