The leader govt of Britain's largest professional electrical goods and cell telephone store is quitting days earlier than it updates the City on its Christmas buying and selling overall performance.
Mr James's resignation will rock Dixons Carphone, that is scheduled to put up sales figures for the festive period on Tuesday.
His exit is in all likelihood to be specifically poorly received as it will come only a fortnight after Humphrey Singer, his finance director, quit to take the identical role at Marks & Spencer.
Their twin departures will pose a main headache for Lord Livingston, Dixons Carphone's chairman, following a pointy fall in 1/2-yr income announced in December.
Sources said that Mr James's resignation would be officially notified to the London Stock Exchange on Monday, although a declaration is likely to be made sooner following an enquiry from Sky News.
A flow to run Boots, part of the New York-listed Walgreens Boots Alliance, might see Mr James coming into an surprising part of the retail zone.
The health and beauty chain is the UK's largest retailer by way of quantity of stores, with approximately three,500 retailers throughout its predominant emblem, Boots Opticians and Boots Hearingcare operations.
It employs approximately 57,000 human beings, and has been a part of the global drugs wholesaler and retailer seeing that WBA was mounted via the giant American business enterprise's takeover of Alliance Boots.
Mr James's prospective task identify at WBA become doubtful on Friday, even though he's anticipated to tackle obligations held by using Elizabeth Fagan, the corporation's senior vice chairman and managing director of Boots.
Given his seniority, Mr James, who became appointed to run Dixons in 2008, is also in all likelihood to be surpassed a wider remit.
His departure from Dixons Carphone isn't always entirely sudden given that he has been with the business for a decade.
The bad performance of Dixons Carphone's share charge - down by way of almost half of over the past yr - has left Mr James and senior colleagues nursing nugatory percentage alternatives that may had been well worth millions of kilos.
Last summer time, several main buyers inside the organization said they desired its board to step up succession planning within the wake of a income caution which additionally left them venting anger closer to Mr Singer.
When they merged in 2014, Dixons Retail and Carphone Warehouse were worth a combined £3.8bn.
At the near of buying and selling on Friday, however, the commercial enterprise changed into worth £2.2bn, with traders anxiously expecting info of the Christmas buying and selling length.
Dixons Carphone has a forty two,000-robust team of workers in nine countries, inclusive of Greece and Norway.
A near pal of former top minister David Cameron, Mr James emerged closing year as a contender to run business broadcaster ITV, but the role sooner or later went to Carolyn McCall, the then easyJet boss.
December's fall in earnings at Dixons Carphone was attributed to cellular phone operations and changing patron behaviour, with consumers willing to hold on to their present handsets for longer, Mr James stated.
It presently trades from more or less 1,000 stores however has raised the possibility of a extensive shrinking of its estate over the years.
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