Laundry business boosts Photo-Me
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Thursday 12 March 2009
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.
Tuesday 03 February 2009
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.
Wednesday 21 January 2009
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.
Friday 16 January 2009
Thursday 15 January 2009
The owner of Argos and DIY chain Homebase announced heavy sales falls for both businesses today.
Monday 12 January 2009
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.
Thursday 23 October 2008
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.
Thursday 23 October 2008
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.
Monday 20 October 2008
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.
Saturday 11 October 2008
Thursday 31 July 2008
Travis Perkins warned that the housing market will deteriorate further, as it posted a drop in first half pre-tax profits yesterday.
Friday 25 July 2008
Sunday 20 July 2008
Saturday 12 July 2008
Sunday 06 July 2008
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