- Location
Home Retail Group
"-
Sainsbury's Completes Acquisition of Home Retail Group
Sep 7, 2016The supermarket is now set to open more Argos digital concessions in its stores. Sainsbury's has successfully completed its £1.4bn acquisition of Argos owner Home Retail Group. The supermarket is now set to open more Argos digital ...
Tags: Sainsbury's, acquisition, Home Retail Group
-
Sainsbury's CFO to Lead Home Retail Group Following £1.4bn Takeover
Jun 14, 2016The Group´s current chief executive John Walden is to step down following the £1.4bn deal. Sainsbury’s chief financial officer, John Rogers has been lined up to lead the Argos owner Home Retail Group once the takeover ...
Tags: Argos, takeover, the digital transformation
-
Home Retail Backs Sainsbury's £1.4bn Takeover Bid or Argos
Apr 5, 2016The supermarket will now set about its mission to create a ' ulti-product, multi-channel' retailer with around 200 stores. Sainsbury’s has won the four-month battle to buy Argos after the Home Retail Group’s owner agreed to a ...
Tags: Argos, Home Retail, Sainsbury's
-
Sainsbury's Confirms HRG Offer
Mar 23, 2016Sainsbury's has confirmed that it will proceed with its offer for Home Retail Group (HRG), owner of Argos, and is "pleased" by last Friday's turn of events, which saw rival bidder Steinhoff international abandon pursuit in favour of ...
Tags: Sainsbury's, HRG, Argos
-
Macfarlane Launches Packaging Innovation Lab In UK
Mar 21, 2016Macfarlane Packaging, a UK-based distributor of protective packaging materials, has launched the new packaging innovation lab in order to help create bespoke, cost effective protective packaging solutions for customers. Located in ...
-
Sainsbury's Reiterates Argos Offer As Steinhoff Withdraws
Mar 21, 2016Ahead of today's 5pm deadline, Steinhoff backed out of making a bid for Home Retail Group at the last minute, leaving Sainsbury's the likely purchaser or the Argos business. Sainsbury's share prices rose sharply, while Home Retail Group's ...
Tags: Sainsbury's, Withdraw, CITY AM, Home Retail Group
-
Like-for-Likes Fall At Argos During Final Period
Mar 16, 2016Home Retail Group has issued a trading statement for the eight weeks to 27th February 2016, a turbulent time for the company given the imminent sale of Argos and Homebase (the latter now completed). Chief executive John Walden ...
Tags: Home Retail Group, Argos
-
Cherokee Global Brands Entered Into a New License Agreement with Argos
Jan 30, 2015Cherokee Global Brands, a global marketer of style-focused lifestyle brands, has entered into a new license agreement with Argos, a subsidiary of Home Retail Group plc, to launch a broad family-assortment of Cherokee lifestyle products ...
-
Black Friday Promotions Impacted The Shape of Argos'sales Over Its Peak Trading Period
Jan 16, 2015The group has reported sales of £1.82 billion for the 18 weeks leading to January 3rd this year, seeing an increase of 0.8 per cent. Argos’ like-for-like sales remained broadly flat for the 18 weeks to January 3rd, 2015, while ...
Tags: Christmas Results, trading period, Toys
-
HRG Has Sold Its Homebase Store in Battersea to a Residential Property Developer
Nov 26, 2014BBC News has reported that the Home Retail Group (HRG) has sold its Homebase store in Battersea to a residential property developer for £57m. The group plans to close 25 Homebase stores by early March 2015, citing the pressure of ...
-
Argos Launches Its First Underground Store at Cannon Street Tube Station
Nov 26, 2014Argos has teamed up with Transport for London (TfL) to launch its first Underground store at Cannon Street Tube station. The new Argos Collect store, which officially opened today, has been designed to give customers convenient access to ...
Tags: Underground Store, Furniture
-
Argos Has Seen a Rise of 4.9 Percent in Like-for-Like Sales
Jun 30, 2014Lift has been driven by seasonal products, electrical, video gaming and TV sales. Argos has seen a rise of 4.9 percent in like-for-like sales in its first quarter of 2014, driven by seasonal products and continued growth in electricals. ...
-
Argos Saw Increased Internet Penetration to 44% of Total Sales
May 5, 2014The group reported good performances at both Argos and Homebase, with both businesses delivering positive like-for-like sales growth throughout the year. Sales were up 3% at £5,663m, while cash gross margin was up 2% to ...
Tags: Furniture, Furnishing
-
Total Sales at Argos Grew by 5.2 Per Cent in The Eight Week Period to March 1st
Mar 14, 2014Total sales at Argos grew by 5.2 per cent to £526m in the eight week period to March 1st Home Retail Group has enjoyed a total sales growth at Argos by 5.2 per cent to £526m in the eight week period to March 1st. Electrical ...
Tags: Toys
-
Argos's Own Entry Into The Increasingly Competitive Small Tablet Market
Oct 16, 2013Argos has announced its own entry into the increasingly competitive small tablet market with the MyTablet - a 7-inch Android device with a pre-installed, branded software loadout. Branded with the Bush name - Argos' exclusive in-house ...
Tags: Computer Products, Tablet