Laundry business boosts Photo-Me

Argos sales prompt new retail gloom

Catalogue chain Argos sparked more concerns over the retail economy today after reporting a slump in demand for consumer electronics.

The Business On... Rob Templeman, chairman-elect, British Retail Consortium

Isn't he busy with the day job?

Argos shuffles management at difficult time for the firm

Argos, the catalogue specialist owned by Home Retail Group, has been forced to reshuffle its top management team for the second time in just over a month.

Five Questions About: Store cards

What are store cards?

Don't go for the burn: the fine art of the barbecue

As supermarkets sell bangers by the million, Christopher Hirst discovers how to avoid the perils and become king of the grill

Stephen Foley: Disappointing Argos must take care of itself

Outlook With sales sliding at an annual rate of 5.6 per cent, and profits down for the third year in a row, Argos looks less like a business suffering the recessional blues, and more like a business in trouble.

Argos chief to step down

Argos's owner, Home Retail Group, posted a 13 per cent fall in annual profits yesterday and revealed that the head of its embattled catalogue chain was stepping down.

Profits blow for Argos owner

Argos owner Home Retail Group today said annual profits dropped 13% as it revealed the boss of its embattled catalogue chain was stepping down.

David Prosser: Home Retail Group not in play after all

Outlook Bad news for those hoping to see a takeover of Home Retail Group. The Independent's Investment Column suggested yesterday that gossip it might be about to get an offer was likely to prove wide of the mark – and so it is already proving.

Argos group blames profit alert on weak high street

Argos's owner, Home Retail Group, yesterday warned that sputtering consumer spending will leave the group's profits at the very bottom end of expectations for the year.

In pictures: The shop that time forgot

There's a shop in a small village in rural Scotland which still sells boxes of goods marked with pre-decimal prices which may well have been placed there 80 years ago.

What Next? Retailer to open garden centres in new stores

The rush by M&S and Next to open out-of-town shops shows a confidence in their brands

DIY chain Focus looks to sell off stores to raise funds

The private equity owner of Focus is sounding out other retailers about acquiring some of the DIY chain's shops, as it seeks an injection of funds to roll out its new store format.

Lighting: A bright new world of dazzling delights

Forget dull bulbs and blinding spotlights, there are plenty of clever ways to light upyour home in style. Caroline Kamp offers the essential guide to interiors illumination.

Argos's profits plunge by 32 per cent as boss warns about cutbacks

The chief executive of Home Retail warned the Government against making savage cuts to frontline services after lower-income customers reined in their spending at his Argos stores. Unveiling a 23 per cent fall in Home Retail's first-half profits, Terry Duddy said: "I think it is a good idea to pay back the deficit as fast as we can but I also think things need to be fair."

Career Services

Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Backhanders, bribery and abuses of power have soared in China as economy surges

Bribery and abuses of power soar in China

The bribery is fuelled by the surge in China's economy but the rules of corruption are subtle and unspoken, finds Evan Osnos, as he learns the dark arts from a master
Commonwealth Games 2014: Highland terriers stole the show at the opening ceremony

Highland terriers steal the show at opening ceremony

Gillian Orr explores why a dog loved by film stars and presidents is finally having its day
German art world rocked as artists use renowned fat sculpture to distil schnapps

Brewing the fat from artwork angers widow of sculptor

Part of Joseph Beuys' 1982 sculpture 'Fettecke' used to distil schnapps
BBC's The Secret History of Our Streets reveals a fascinating window into Britain's past

BBC takes viewers back down memory lane

The Secret History of Our Streets, which returns with three films looking at Scottish streets, is the inverse of Benefits Street - delivering warmth instead of cynicism
Joe, film review: Nicolas Cage delivers an astonishing performance in low budget drama

Nicolas Cage shines in low-budget drama Joe

Cage plays an ex-con in David Gordon Green's independent drama, which has been adapted from a novel by Larry Brown
How to make your own gourmet ice lollies, granitas, slushy cocktails and frozen yoghurt

Make your own ice lollies and frozen yoghurt

Think outside the cool box for this summer's tempting frozen treats
Ford Fiesta is UK's most popular car of all-time, with sales topping 4.1 million since 1976

Fiesta is UK's most popular car of all-time

Sales have topped 4.1 million since 1976. To celebrate this milestone, four Independent writers recall their Fiestas with pride
10 best reed diffusers

Heaven scent: 10 best reed diffusers

Keep your rooms smelling summery and fresh with one of these subtle but distinctive home fragrances that’ll last you months
Commonwealth Games 2014: Female boxers set to compete for first time

Female boxers set to compete at Commonwealth Games for first time

There’s no favourites and with no headguards anything could happen
Five things we’ve learned so far about Manchester United under Louis van Gaal

Five things we’ve learned so far about United under Van Gaal

It’s impossible to avoid the impression that the Dutch manager is playing to the gallery a little
Screwing your way to the top? Good for Lana Del Rey for helping kill that myth

Screwing your way to the top?

Good for Lana Del Rey for helping kill that myth, says Grace Dent
Will the young Britons fighting in Syria be allowed to return home and resume their lives?

Will Britons fighting in Syria be able to resume their lives?

Tony Blair's Terrorism Act 2006 has made it an offence to take part in military action abroad with a "political, ideological, religious or racial motive"
Beyoncé poses as Rosie the Riveter, the wartime poster girl who became a feminist pin-up

Beyoncé poses as Rosie the Riveter

The wartime poster girl became the ultimate American symbol of female empowerment
The quest to find the perfect pair of earphones: Are custom, 3D printed earbuds the solution?

The quest to find the perfect pair of earphones

Earphones don't fit properly, offer mediocre audio quality and can even be painful. So the quest to design the perfect pair is music to Seth Stevenson's ears
US Army's shooting star: Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform

Meet the US Army's shooting star

Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform