DSGi, Argos report drop in sales

UK's high streets suffering

DSGi, Argos report drop in sales

15 January 2009 12:23 GMT / By Amy-Mae Elliott

UK retailers are adding to the downturn gloom with more miserable financial results.

DSGi's decline appears to be continuing while Homebase, Waterstones, Argos, Halfords and Clinton Cards have reported drops in sales too.

Like-for-like sales at Currys and PC World parent company DSGi were down 10% for the three months ending 10 January.

As is becoming a bit of a pattern for DSGi, its online businesses did better, while new store openings are said to have been successful.

Argos, said to be traditionally a good performer over the Christmas period, saw a 7.5% drop in like-for-like sales.

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Biz, DSG Group, Results, Argos, Halfords, Waterstones
UK Shopping
Amazon.co.uk, play.com, pixmania.co.uk, Currys.co.uk, Dixons.co.uk, 7dayshop.com, ebay.co.uk
US Shopping
Amazon.com, bestbuy.com, ebay.com

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Comments

  • I won't buy anything electrical off Argos any more. I have had my fingers burnt too often by sub-standard goods and customer service that is just plain appalling. Add that to the fact you cannot touch the goods before you buy, and you have to queue up to be served by spotty teenagers, then you get a crap company that is going down the pan. Posted by leancranker, United Kingdom

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