Two West Midlands Dixons distribution centres look set to be merged as part of a major cost-cutting programme by the retailer.
The group yesterday pledged to reduce costs by £30 million over the next year. It also intends to rebrand itself as DSG International.
A spokeswoman said the current total of 17 local distribution centres, supplied by two national hubs, would be reduced to 12.
The remaining sites - to be served by giant bases in Newark and a site near Bristol - would see goods pass rapidly through rather than stored and then moved on as at present.
She said: "It's likely that the centres in Coventry and Wednesbury would merge and we would then run one operation in the Birmingham area."
She could not say where that would be but she said the majority of jobs at the existing centres would be available for transferring to the reorganised sites.
Some 140 people are employed at the two West Midlands centres - 69 in Wednesbury and 71 in Coventry.
The re-organisation comes as the UK's biggest electrical goods retailer is looking for savings across its business, with its supply chain among areas set for an overhaul.
And while it is also expected to make job cuts at its Hemel Hempstead head office, Dixons said its net number of jobs would expand over the year.
Changes to advertising and merchandising will account for some of the £30 million of savings planned for this financial year, a figure which Dixons said it hoped to extend in the following 12 months.
The savings will be made as the group faces up to a " challenging" trading environment, particularly in its UK and Italian markets.
Annual results from the company showed the UK part of the business suffered a nine per cent fall in operating profits to £232.2 million, as strong sales growth in the first half of the year was offset by a weaker second half.
Overall, group profits of £336.8 million were down eight per cent on a year earlier, when figures were inflated by one-off items. The underlying figure was four per cent higher at £343.1 million, following a two per cent rise in like-for-like sales.
As well as Dixons, the group has the Currys, Link and PC World chains in the UK, plus PC City and a clutch of separately branded businesses overseas.
With £2.16 billion of international sales, Dixons said it would change its corporate name to DSG International, which it said also reflected the fact that the Dixons chain now accounted for ten per cent of sales and five per cent of trading space. The group said the name change would be achieved at minimal cost.
In the UK business, Dixons said sales in the year to April 30 were three per cent higher at £4.82 billion, but offset by slightly weaker margins as the group faced up to an increasingly competitive market.
Currys sales were up six per cent at £1.85 billion but Dixons saw a 14 per cent decline to £688 million, mainly because of store closures at the start of the year. That overhaul resulted in a four per cent improvement in like-for-like sales. PC World sales grew by 11 per cent to £1.69 billion, with the like-for-like figure down two per cent because of significant price deflation in hardware products.
Dixons' shares closed at 1591/4p up 41/4p.