Retail news
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Sainsbury’s appoints new online director while King accepts Staples post
- Posted:
- 18 September 2007 09:30
Sainsbury’s has appointed former commercial director at Argos, Tanya Lawler, as its director of online. The store is reportedly planning to strengthen its online non-food offering, having announced earlier this year that it will be doubling the amount of stores from which its home shopping programme will be available. Meanwhile, ...read more
Homebase suffers in wet weather, while Argos thrives
- Posted:
- 12 September 2007 09:39
Homebase has reported a fall in sales as the adverse weather conditions impacted its seasonal categories. In its second quarter trading statement, Home Retail Group which owns both Argos and Homebase, said that total sales at the home and garden products retailer were down 6.2% to £391 million in the ...read more
Argos employee fired over Facebook rant
- Posted:
- 10 August 2007 09:32
An employee of HRG-owned Argos has learned the dangers of social networking websites the hard way. After posting derogatory comments that insulted his employer, the employee soon found himself a former employee when a disciplinary hearing found him guilty of gross misconduct. Speaking to the press, the man said that ...read more
HRG sales beat market expectations
- Posted:
- 14 June 2007 10:06
Home Retail Group has beaten industry expectations with sales up at both Argos and Homebase in the 13 weeks to June 2nd. Contrary to analysts’ predictions of a flat result at Argos, sales rose 4.5% to £893 million, with like-for-like sales up 0.9% driven by continuing demand for flat panel ...read more
Analysts predict mixed fortunes to HRG
- Posted:
- 13 June 2007 09:41
Improved underlying sales at Homebase have been predicted ahead of the Home Retail Group’s first quarter trading update on Thursday. However, industry commentators have also predicted flat underlying sales at the Argos business. Analysts have said that poor consumer spending after the recent interest rate rises and unseasonable weather will ...read more
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