Argos still struggling

The Home Retail Group which owns Argos and Homebase, has reported its profits down 60% , mainly down to Argos and poor electrical sales.

BBC News - Argos and Homebase owner sees sharp fall in profits

Interesting statement: "HRG hinted that it could close some of its stores over the next few years, noting that it had about 300 store lease renewals or break clauses due in the next five years - about 30% of its outlets."

Uh oh....

Seems a deja vous post from last year
Argos wobbles and boss steps down...