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Home Retail 01/02/2012

11:33 : Argos appoints former Best Buy boss as managing director - John Walden, who ran US electronics giant Best Buy for most of the previous decade, is to be the new MD of ArgosArgos has appointed an experienced American retail executive as managing director of the struggling 759-store chain. Home Retail ...
Source : guardian-co-uk
09:58 : Home Retail appoints John Walden as new Argos chief - Home Retail Group, the household goods retailer which has been hard hit as consumer cut spending, has appointed former Best Buy executive John Walden to head up its struggling Argos business.
Source : telegraph-co-uk

Home Retail 12/01/2012

13:36 : FTSE 100: Retail's Black Thursday caps rise in blue chip index - Blue-chips rose on eurozone optimism but poor Christmas sales from Tesco, Argos and Homebase-owner Home Retail Group, Halfords, and Mothercare capped any gains.
Source : telegraph-co-uk
13:24 : Argos owner Home Retail warns of dividend cut as chain's sales slide again - Home Retail Group, which also owns Homebase, blamed poor demand for video gaming and audio products for the sales decline at Argos during the crucial run-up to Christmas.
09:20 : Argos sales slump over Christmas period - Home Retail, Britain's number one household goods retailer, said it anticipated a significant cut in its full-year dividend as it posted a further slump in sales at its Argos business over the Christmas trading period.
Source : irishtimes-com

Home Retail 03/01/2012

13:54 : Home Retail climbs ahead of Christmas sales figures - Does someone know something about Argos-owner Home Retail Group's Christmas trading that we don't?The group's shares are up 7% on the day, to 89p, despite analysts saying that it may have been one of the big losers of the festive period.The ...
Source : guardian-co-uk

Home Retail 01/12/2011

23:05 : MARKET REPORT: Sir Stuart Rose tipped for Home Retail role - Rumours suggest the former Marks and Spencer boss could be about to become executive chairman of Home Retail, the struggling owner of the Argos catalogue, via a sexy private equity deal.

Home Retail 19/10/2011

22:40 : Angst at Argos boss Terry Duddy over £50m profit plunge - Terry Duddy, chief executive of Home Retail Group, insisted the business model was not broken at the catalogue chain after operating profit crashed to £3.4million from £54.4million.
11:04 : Argos owner tells government to help consumer - LONDON (Reuters) - Cash-strapped shoppers need help from government, and they need it now, the boss of Britain's No. 1 household goods retailer, Home Retail , said after his firm posted a 70 percent slump in first-half profit.
Source : reuters-com
10:53 : Home Retail: world's worst share buy-back? - Profits down – yet again. Why did Argos and Homebase group spend £150m on its own shares last year?There's a new contender today for the title of worst share buy-back. It comes from Home Retail Group, owner of Argos and Homebase, which ...
Source : guardian-co-uk
08:42 : Argos profits plunge as it faces consumer slowdown and Amazon competition - Argos profits plunge to just £3m, analysts say Amazon is consistently cheaperIs Argos - already suffering in the current consumer downturn - also being killed by the likes of Amazon and other competitors'The chain's owner Home Retail ...
Source : guardian-co-uk
08:36 : Home Retail profits tumble as Argos suffers - Home Retail, Britain's No. 1 household goods retailer, posted a 70pc slump in first-half profit, with profitability at its Argos business collapsing as its cash-strapped shoppers felt the pain of the economic downturn.
Source : telegraph-co-uk

Home Retail 03/10/2011

18:13 : Home Retail tops gainers on 250 - European equities markets were lower Monday on continuing concerns that the region's debt crisis will get worse and spread, with some analysts saying that another recession is on the way. The FTSE 100 was down 1.03 percent ...

Home Retail 28/09/2011

21:15 : Argos pins hopes on shopping channel - Argos owner Home Retail Group says low-budget production will help slow sales dropWith special guests culled from reality TV shows such as Dancing on Ice and The X Factor, Argos TV is unlikely to be the critics' choice.It is a low-budget ...
Source : guardian-co-uk
08:57 : Argos chief dismisses calls for strategy change - Home Retail, Britain's largest household-goods retailer fighting a slump in sales at its Argos business, will not close stores, its chief executive said, dismissing analyst calls for a radical change in strategy.
Source : irishtimes-com

Home Retail 08/09/2011

20:12 : Argos and Homebase shopping figures are listing - 'Squeezed middle' shoppers are not in the market for a new tellyIt is increasingly hard to see a bright future for the Home Retail Group (HRG) – the business behind Argos catalogue shops and the Homebase chain.In a trading update, Argos, ...
Source : guardian-co-uk
11:23 : Argos and Homebase sales down, Morrisons sales higher - There is a mixed bag of retail sales figures today after Home Retail Group announced a drop in sales at both its Argos and Homebase chains. The figures are further evidence of a cutback in consumer spending after ...
07:33 : Argos sales fall as shoppers shun electronics - LONDON (Reuters) - Home Retail , the country's No. 1 household goods retailer, posted a further slump in sales at its Argos stores as its cash-strapped, low income, customers shied away from purchases of consumer electronics in the ...
Source : reuters-com

Home Retail 05/09/2011

00:24 : High street braced for more closures after summer of riots and gloom - • Clinton Cards is among those under strain as rents fall due • Stocks expected to fall include Home Retail, Dixons and HMVBritain's high street retailers are braced for another wave of closures following one of ...
Source : guardian-co-uk

Home Retail 24/06/2011

23:12 : George Kerevan: Baby boomer icon may have died but the legend lives on - BEFORE Ikea there was Habitat. Sadly, the furniture and design icon went into administration yesterday. Home Retail Group, which owns Argos, has bought the Habitat brand and i
Source : scotsman-com
17:17 : Habitat stores enter administration - Furniture chain Habitat is to be put into administration but three of its stores are to be bought by Home Retail Group (owner of Argos and Homebase). Home Retail Group is acquiring the rights to the Habitat brand in ...
12:56 : Habitat faces job cuts in new home - Owner of Argos and Homebase buys Habitat brand and flagship London stores – but rest of UK chain goes into administrationThe owner of Argos has bought the Habitat brand in the UK and its three top London stores for £24.5m but the rest of the UK chain ...
Source : guardian-co-uk
12:56 : Habitat finds home with Argos owner - Home Retail Group completes purchase of Habitat brand in the UK and three London storesThe company behind Argos and Homebase has bought the Habitat brand in the UK and its three flagship stores in London for £24.5m. The rest of the ...
Source : guardian-co-uk
09:30 : Habitat could axe up to 900 jobs as Home Retail Group takeover rumours ... - Up to 900 jobs at homeware design store Habitat could be under threat, as takeover rumours continued over Argos ownerHome Retail Group's move to acquire the UK rights to the brand.
Source : telegraph-co-uk
08:21 : Habitat could axe 900 jobs as Homebase takeover rumours continue - Up to 900 jobs at homeware design store Habitat could be under threat, as Argos owner takeover rumours continued over Home Retail Group's move to acquire the UK rights to the brand.
Source : telegraph-co-uk
01:48 : Habitat may be sold to Argos owner - The home furnishings store Habitat could soon be sold to the owner of the Argos and Homebase retail chains. Home Retail Group is said to be in talks to buy the firm, which has 71 stores worldwide, including 35 in the UK.

Home Retail 23/06/2011

21:49 : Habitat set to be swallowed by Argos as style revolution comes full circle - Home Retail Group said to be in talks to buy parts of Habitat in a possible £20m dealIn the 1960s, Sir Terence Conran started a style revolution with the Habitat chain that helped the nation to shake off postwar ...
Source : guardian-co-uk

Home Retail 13/06/2011

11:03 : Analysts positive on Kingfisher after visit to Polish business - Analysts have returned enthused from a two day trip to Poland last week to visit Kingfisher's operations in the country.The company, which owns B&Q in the UK but uses the Castorama brand in Poland, was pointing up the strength ...
Source : guardian-co-uk

Home Retail 09/06/2011

23:45 : Electronics sales slump hits Argos owner as consumers tighten belts - SHARES in Home Retail Group hit a two-and-a-half-year low yesterday after the owner of Argos and Homebase revealed cash-strapped consumers were spending less on electronic gad
Source : scotsman-com
19:52 : Shoppers turn off at Argos - Argos would have hoped that televisions and electronic gadgets might resist downward pressuresIt's not us, it's the market. Home Retail Group has sung the same tune for ages as it has tried to explain the slump in sales at Argos. Last ...
Source : guardian-co-uk
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