nebusiness.co.uk - Tag - argos

Catalogue shop payout scrapped as profits fall

nebusiness.co.uk — Thu, 03 May 2012 07:04:00 GMT

THE owner of catalogue retailer Argos says it has pulled the plug on its shareholder dividend as it revealed a 60% plunge in annual profits.

Big profits dip for Argos

nebusiness.co.uk — Wed, 02 May 2012 06:41:00 GMT

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.

Argos brings in US expert

nebusiness.co.uk — Wed, 01 Feb 2012 08:57:00 GMT

An American who has held senior positions at BestBuy and department store Sears was handed the task of reviving catalogue chain Argos today.

Sharp sales dip for Argos owner

nebusiness.co.uk — Thu, 12 Jan 2012 08:22:00 GMT

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

Argos owner struggles as profits fall by £51m

nebusiness.co.uk — Thu, 20 Oct 2011 07:00:00 GMT

SHARES in Home Retail Group plunged by nearly 20% after it revealed that profits at its Argos chain were hammered as shoppers put off buying TVs and computer consoles.

Sales drop for Argos and Homebase add to gloom

nebusiness.co.uk — Thu, 08 Sep 2011 23:00:00 GMT

THE owner of Argos has heaped more gloom on the retail sector today as it revealed the catalogue chain saw same-store sales drop nearly 9% in the last three months.

Customers continue to desert high street stores

nebusiness.co.uk — Mon, 05 Sep 2011 07:01:00 GMT

CURRENT strife in the retail sector will be laid bare next week when companies including the owner of Argos and Homebase post updates.

Argos rocked by low consumer confidence

nebusiness.co.uk — Thu, 09 Jun 2011 23:00:00 GMT

THE owner of Argos has posted a further sharp slump in sales. Home Retail Group, which also owns Homebase, highlighted a significant decline in the consumer electronics market as like-for-like sales at Argos dived by 9.6% in the 13 weeks to May 28. Total sales, which include the addition of new store space, were down 8.1% at £817m, it added.

Argos posts sharp sales slump

nebusiness.co.uk — Thu, 09 Jun 2011 07:10:00 GMT

The owner of Argos said conditions on the high street were worse than it expected after it posted a further sharp slump in sales today.

Argos reveals profits drop as group chief steps down

nebusiness.co.uk — Wed, 20 Apr 2011 23:00:00 GMT

ARGOS owner Home Retail Group announced that its annual profits dropped 13% as it revealed the boss of its embattled catalogue chain was stepping down.