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19 October 2011 Home Retail

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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
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