Fall in home shopping hit GUS
Friday 30 July 1999
THE ARGOS-to-Burberry group Great Universal Stores yesterday reported a further droop in sales at its home shopping business. GUS last month reported comparable sales in its home shopping arm and Argos business down 4 per cent for April and May, against the same period last year. Yesterday, the group revealed sales in the home shopping arm since the end of May had dipped further - falling 5 per cent. The home shopping business, which includes the Kays, Choice and Innovations brands, had been hit by the weaker retail market, GUS said.
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