- Sep 25, 2008
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From BBC News
Home Retail Group's chief executive Terry Duddy said: "Our markets continue to be significantly impacted by the sharp reduction in consumer spending.
"As previously indicated, we expect the trading environment for the next financial year to be extremely challenging."
In a statement the company said that while sales overall had fallen at Argos during the period, consumer electronics sales had risen "driven principally by video gaming".
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Home Retail Group's chief executive Terry Duddy said: "Our markets continue to be significantly impacted by the sharp reduction in consumer spending.
"As previously indicated, we expect the trading environment for the next financial year to be extremely challenging."
In a statement the company said that while sales overall had fallen at Argos during the period, consumer electronics sales had risen "driven principally by video gaming".
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