High-street electrical chain Dixons is to close its Banbury store with the loss of 10 jobs.

The move comes as it was revealed the group is to shut down 106 of its underperforming stores across the UK and Ireland following disappointing sales since Christmas.

But the stores in the Clarendon Centre, Oxford and the Woolgate Centre, Witney, will remain open.

A Dixons spokesman said: "There will be a 90-day consultation period for employees and we will be looking to reallocate as many as we can to other stores in the group."

The Dixons group also includes Currys, PC World and mobile telephone retailer The Link - none of them are affected by the announcement. The Banbury store in the Castle Quay centre will close within eight weeks.

The move follows the closure of Dixons Master Care distribution centre at Milton Park, near Abingdon, in February last year with the loss of 65 jobs.

Meanwhile, the company said it was still looking at ways to develop the Dixons format, including through the use of larger stores.

The move follows the piloting of a larger format, known as Dixons XL, at various locations including the Birmingham Bullring.

The firm has more than 1,100 outlets.