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Laundry business boosts Photo-Me

Argos owner Home Retail Group in 'brutal' payout cut after profit plunge

The owner of catalogue retailer Argos pulled the plug on its shareholder dividend today after revealing a 60 per cent plunge in annual profits.

Shops in doubt as Argos profits dip

Argos left the door open for future store closures today after a weak consumer electronics market caused a huge slide in profits at the catalogue chain.

Bank Holiday decorating: The Dos and Don'ts

Emily Jenkinson picks up some top tips for DIY-ers at the new decorating course for Homebase staff

Argos owner 'to ditch dividend' after dire quarter

Terry Duddy, chief executive of the Home Retail Group, will this week have to defend another set of dire fourth-quarter sales at Argos amid suggestions that the group will ditch its final dividend.

Sex with a Stranger, Trafalgar Studios 2, London

The singular comic talents of Stefan Golaszewski are mostly expended on works for television - as in Him & Her, a sitcom that applies Royle Family techniques to twentysomething slackerdom with intermittently hilarious results.

Argos reports sharp drop in sales

The owner of Argos blamed the weak consumer electronics market today for another sharp drop in sales at the catalogue retailer.

Floors-2-Go shuts up shops in the Midlands

Floors-2-Go, the floor covering retail specialist, was back in the spotlight last night following its decision to close a number of shops in the West Midlands.

Hilco and OpCapita battle it out to take Comet off Kesa's hands

The retail restructuring specialist Hilco and the private equity firm OpCapita are through to the second round of bids for Comet, the ailing UK chain that parent Kesa Electricals is trying to sell.

Market Report: Bid talk helps Home Retail avoid the slump

The markets' severe plunge may have shown few signs of abating yesterday, but the return of talk that its Argos business could attract buyers meant Home Retail was one of the few stocks finishing ahead.

Leading article: Sign of the times

It's not quite over; three Habitat stores will remain for the time being in London.

720 jobs under threat at Habitat

The future of up to 30 stores and 720 jobs was put at risk today after the UK side of retail brand Habitat went into administration.

Habitat may be sold to Argos owner

The home furnishings store Habitat could soon be sold to the owner of the Argos and Homebase retail chains. Home Retail Group is said to be in talks to buy the firm, which has 71 stores worldwide, including 35 in the UK.

Consumer squeeze hits Argos sales

Argos suffered a shock fall in sales after conditions on the high street proved "more difficult and volatile" than its parent company Home Retail had expected, as shoppers turned their backs on electronic goods.

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