Top navigation

My account

Welcome

Login Register

Argos sales down

Argos sales down Argos has seen sales fall, both in total and on a like-for-like basis, according to its parent company Home Retail Group, however, consumer electronics proved to be a strong point for the retailer.

Like-for-like sales were down by 5.3 per cent, according to the Group, with total sales down 1.6 per cent at £927m. That was despite the opening of nine new stores and two relocations.

According to the firm, growth in consumer electronics remained strong, but was slightly down on the previous quarter when chief executive of Home Retail Terry Duddy claimed that the retailer had displaced Comet as the UK's second largest consumer electronics chain.

Advertisement

Tags: Financials, Argos, Home Retail Group, sales

Follow Follow this article if you would like to receive notifications of updates.

Add a new comment

You need to be logged in to post comments. If you do not have an account then please register.

Comments

0 comments

There are no comments yet, be the first to add one!