skip to main content
  • *
  • *
Find Insight DIY on
* * *

UK DIY News

The week ahead: Home Retail Group to report on trading

Argos owner Home Retail Group is expected to reveal solid festive trading on Thursday as it bids to revamp its Homebase DIY chain.

The City expects Argos to post like-for-like sales up 2.2 per cent, compared to 3.8 per cent a year ago when a number of video game console launches boosted trade.

Its DIY chain Homebase is forecast to report same store sales up 4.1 per cent, compared to 4.7 per cent last year as it carries out a programme of store closures and upgrades.

Hargreaves Lansdown analyst Keith Bowman said: "Tougher year-over-year sales comparatives provide the backdrop for the owner of Argos and Homebase. Electrical sales at Argos remain a core component."

Source : Lucy Roue - Manchester Evening News
http://www.manchestereveningnews.co.uk/business/look-week-ahead-8420591

12 January 2015

Related News

view more UK DIY News
*

I find the news and articles they publish really useful and enjoy reading their views and commentary on the industry. It's the only source of quality, reliable information on our major customers and it's used regularly by myself and my team.

*
Simon Fleet - Sales & Marketing Director, Thomas Dudley Ltd
Newsletters

Don't miss out on all the latest, breaking news from the DIY industry