i

Laundry business boosts Photo-Me

Argos and Homebase sales fall

Home Retail, the owner of Argos and Homebase, said it was prepared for an "extremely challenging" 2009, with profits expected to slump 40 per cent.

Woolworths lives again, but only on the internet

Woolworths is to be relaunched as an online business this summer after the brand was bought by Shop Direct Group in a deal that kills any lingering hopes of reviving the pic'n'mix retailer on the high street.

Argos buys Chad Valley toys from Woolworths

Home Retail Group, the owner of Argos and Homebase, has acquired the Chad Valley toy brand from Woolworths for £5m. The general merchandise retail group said it had purchased the rights to use the Chad Valley brand exclusively in the UK and internationally.

Retailers report dire pre-Christmas results

DSGi and Home Retail say shoppers waited for the sales

Sales fall hits Argos and Homebase

The owner of Argos and DIY chain Homebase announced heavy sales falls for both businesses today.

The Week Ahead: Grim figures expected from Home Retail

City analysts are predicting further sharp falls in like-for-like sales at Argos and Homebase when their parent company Home Retail Group posts its interim management statement this Thursday.

Currys owner scales back investment

Consumer electronics giant DSG today said it planned to cut capital expenditure by around £30m this year as part of efforts to deal with deteriorating consumer confidence across Europe.

Argos blames crunch for its worst sales ever

The depth of the consumer recession was laid bare yesterday when Argos owner Home Retail Group said the catalogue giant was suffering the worst sales in its history and posted a huge first-half loss of £437m.

The Week Ahead: Experts cautious over debt-laden Debenhams

Retails is hardly the ideal place to be as the credit crunch worsens and consumers keep their hands in their pockets. JP Morgan slashed its earnings and price targets for UK retailers last week "in anticipation of a significant slowdown in sales over the next 18 months", and this week marks three more retail results.

The Insider: A mouse in the house



Profits fall at Travis Perkins

Travis Perkins warned that the housing market will deteriorate further, as it posted a drop in first half pre-tax profits yesterday.

Retailers in the line of fire

Retail sales suffered their worst slump since 1986 in June, official figures revealed yesterday, piling the pressure on leading stores and chains. James Thompson reports on the 10 retailers feeling the pinch most acutely, as the consumer slowdown continues to bite

Wealth Check: Debt weighs heavy as she stands on her own two feet

A divorcee who is working all hours to make ends meet asks how she can break free of her card bills. By Harriet Meyer

Gardens: Sharp movers

How has a couple with no horticultural experience created a garden that even Anna Pavord covets? With some spiky agaves and one heck of a vision

Shopping for your garden

Treats are in store for keen gardeners, and those who just love to spend time outside. We've chosen tools and accessories to brighten the green
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