Fri, 22nd Jul 2016 07:59
(Repeats without change to text) LONDON, June 10 (Reuters) - Home Retail, the Argos-store owner which is being acquired by Sainsbury's , said its chief executive John Walden would quit when the takeover by the supermarket is finalised, with Sainsbury's lining up its CFO to fill the roll.
Read moreLONDON, June 10 (Reuters) - Home Retail, the Argos-store owner which is being acquired by Sainsbury's , said its chief executive John Walden would quit when the takeover by the supermarket is finalised, with Sainsbury's lining up its CFO to fill the roll. Sainsbury's said it would promote i
Read more(Rewrites with comments on financial services provision, share price) LONDON, June 9 (Reuters) - Argos owner Home Retail said on Thursday it may need to increase a provision by up to 30 million pounds ($43 million) to compensate financial services customers who were overcharged, taking the
Read more(ShareCast News) - Total first quarter sales at Home Retail Group's Argos chain grew by 2.6% to £868m, the company said, adding that net new space contributed 2.5%, mainly as a result of store openings in the previous financial year. Like for like sales at Argos grew by 0.1%, although the company sa
Read moreLONDON, June 9 (Reuters) - Home Retail's Argos reported its best quarterly sales performance in two years on Thursday, indicating the distraction of a yet to complete takeover by supermarket Sainsbury's has not damaged trade. The firm said Argos' total sales rose 2.6 percent to 868 million
Read more(ShareCast News) - Home Retail reports its first quarter trading update on Thursday which will cover only Argos following the completion of its Homebase disposal. DYI chain Homebase was sold to Australian firm Wesfarmers in February for £340m and rebranded as Bunnings, which was seen to make Home Re
Read more* First quarter underlying sales fall 0.8 pct * Says market conditions remain challenging * Prepared for another round of UK price war (Recasts with CEO, analyst comment, shares) By James Davey LONDON, June 8 (Reuters) - Sainsbury's said on Wednesday it was prepared for
Read moreLONDON, June 8 (Reuters) - Sainsbury's, Britain's second biggest supermarket, on Wednesday reported a drop in quarterly underlying sales and cautioned that market conditions remained challenging. The firm, which in April agreed a 1.4 billion pounds ($2.04 billion) takeover of Argos-owner Ho
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