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TOP NEWS: Home Retail Sales Rise But Margin Suffers; Ups Provision

Thursday preview: Home Retail reports first quarter trading update sans Homebase

(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

UPDATE 2-UK supermarket Sainsbury's says prepared for price war escalation

* 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

Sainsbury's cautious on outlook as first quarter sales dip

LONDON, 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

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Competition Panel Asks For Comment On Sainsbury's Home Retail Deal

Retail sales fall in April as cold hits footwear and fashion, says BRC-KPMG

(ShareCast News) - British retail sales in April fell on a like-for-like basis compared to last year, with non-food sales outweighing positive food sales. The monthly Retail Sales Monitor (RSM) from the British Retail Consortium (BRC) and KPMG showed total sales were flat for a second month in a row

UPDATE 2-UK supermarket Sainsbury's says more price cuts on the way

* 2015-16 profit falls 14 pct, but beats forecast * Sees food price deflation through summer and beyond * Shares fall as much as 5.8 percent (Adds CEO, analyst comments, Kantar link, shares) By James Davey LONDON, May 4 (Reuters) - British supermarket Sainsbury's said o

Sainsbury's reports second straight year of profit decline

LONDON, May 4 (Reuters) - British supermarket Sainsbury's beat forecasts for full year underlying profit but still reported a second straight year of decline, hurt by an ongoing industry price war. Sainsbury's, which has shown greater resilience to competition from German discounters Aldi

UPDATE 2-Argos owner faces wait for regulator's view on Sainsbury's takeover

* Home Retail agreed 1.4 bln stg Sainsbury's takeover in March * Says does not expect regulator feedback until August * Home Retail's 2015-16 profit falls 28 pct (Recasts with comments on competition regulator) By James Davey LONDON, April 27 (Reuters) - Argos-owner Home

Home Retail hit by impairment charge from Sainsbury's takeover

(ShareCast News) - Argos owner Home Retail Group reported a full pre-tax loss of £804m after taking a hit from a £852m impairment charge as a result of its £1.4bn takeover by Sainbury's. The loss compares with a £93.8m profit in the year to February 2015. Sales fell 1% to £5.68bn, with revenues from

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TOP NEWS: Home Retail Swings To Annual Loss Ahead Of Takeover

Argos-owner Home Retail profit slumps 28 pct

LONDON, April 27 (Reuters) - Argos-owner Home Retail , which last month agreed to be taken over by British supermarket Sainsbury's, reported a 28 percent fall in annual profit on Wednesday. The firm said it made an underlying pretax profit of 94.7 million pounds ($138 mln) for the year to F

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