Tag: Home Retail Group

Argos and Homebase sales down, Morrisons sales higher

Argos and Homebase sales down, Morrisons sales higher

There is a mixed bag of retail sales figures today after Home Retail Group announced a drop in sales at both its Argos and Homebase chains. The figures are further evidence of a cutback in consumer spending after electrical goods group, Dixons Retail, yesterday posted a fall in sales. At Argos, like-for-like sales in the [...]

September 8, 2011 | 0 Comments More
Habitat stores enter administration

Habitat stores enter administration

Furniture chain Habitat is to be put into administration but three of its stores are to be bought by Home Retail Group (owner of Argos and Homebase). Home Retail Group is acquiring the rights to the Habitat brand in the UK and the Republic of Ireland. Administrators have been appointed for 30 of the outlets, [...]

June 24, 2011 | 0 Comments More
Argos reports sharp fall in sales

Argos reports sharp fall in sales

There is further evidence of consumers reining in their spending after Home Retail Group (HRG), the biggest household goods retailer, said sales fell 9.6% in the 13 weeks to the end of May. Shares in HRG sank 11% after the announcement – a 2½ year low – after it said trading conditions were challenging and [...]

June 9, 2011 | 0 Comments More
Home Retail Group announces fall in profits

Home Retail Group announces fall in profits

Home Retail Group, owner of Argos and Homebase, has today reported a 9.5% fall in pre-tax profits as conditions on the High Street remain challenging. Profits fell to £265.2 million in the 12 months to 26 February compared with £293 million in the same period a year ago. Meanwhile, revenue was almost 3% lower on [...]

April 20, 2011 | 0 Comments More
More bumper Christmas sales figures from DSG & HRG but HMV disappoints

More bumper Christmas sales figures from DSG & HRG but HMV disappoints

DSG International, the electronics group that owns Dixons, Currys and PC World, has today joined other major retailers in reporting bumper Christmas sales. The group, which is Europe’s No. 2 electricals retailer, enjoyed a record-breaking Christmas, with like-for-like sales in the 12 weeks to 9 January up 8% compared with the same period a year [...]

January 14, 2010 | 0 Comments More
Home Retail Group profits down 24%

Home Retail Group profits down 24%

The Home Retail Group, which own Argos and Homebase, has announced that annual profits to the year ending 28th February are down by 24% with pre-tax profits of £328m compared to £433m the previous year. Total sales are down by 1 percent to £5.9bn, as the group stated that they have been affected by the [...]

April 29, 2009 | 0 Comments More