Rain

Rain

max temp: 13°C

min temp: 1°C

Search

Retail: Currys, PC World, Argos and Primark all join list of Christmas retail winners

PUBLISHED: 12:57 16 January 2014 | UPDATED: 13:06 16 January 2014

Argos had its best Christmas in more than 10 years, owner Home Retail Group said today.

Argos had its best Christmas in more than 10 years, owner Home Retail Group said today.

The list of Christmas retail winners lengthened today with positive trading updates from the owners of chains include Currys, PC World, Argos and Primark.

Currys and PC World parent Dixons Retail said like-for-like sales in the UK and Ireland between November 1 and January 4 were 5% up, with a strong start to the period and a record-breaking Boxing Day offsetting a quiet two weeks immedidately before Christmas.

The UK performance was particularly notable, given tough comparatives a year earlier when Dixons’ sales were boosted by the collapse of rival Comet.

Across the group, however, like-for-like growth was restricted to 3% as a result of tougher conditions in some European markets, including an 8% fall in sales in Greece.

Argos owner Home Retail Group said the catalogue chain, which is undergoing a digital makeover, had its best Christmas in more than 10 years, with like-for-like sales up 3.8% in the 18 weeks to January, driven by demand for tablet computers and the new Xbox One and PlayStation4 games consoles.

Home Retail’s DIY business, Homebase, saw a better-than-expected 4.7% like-for-like increase, thanks to strong sales of “big ticket” items. However, the group warned that margins had suffered at both its chains as consumer electrical and big ticket items are less profitable.

Cycle and motoring products specialist Halfords said an “excellent” Christmas for sales of children’s bicycles had kept its recovery firmly on track, with like-for-like sales up 5.9% over the 15 weeks to January 10, including 20% growth in bikes.

Primark owner Associated British Foods (ABF)reported a 14% increase in total sales for the discount clothing chain in the 16 weeks to January 4.

ABF did not quote a like-for-like sales figure but said Primark’s performance had benefited from a strong performance by existing stores as well as an 8% increase in selling space.

And Thorntons said its sales were 6.3% up in the 14 weeks to January 11, helped by strong sales of advent calendars and a new range of chocolates based on festive film favourite The Snowman.

Growth in online and supermarket sales led the way while its own high street stores returned to like-for-like growth.

0 comments

A fire which broke out in the bedroom of a semi-detached house in Suffolk this morning may have damaged the neighbouring property.

A man reportedly drove his car onto the pavement to block the path of a woman after she ignored his attempts to start a conversation with her.

A motorcyclist suffered a serious and possibly life-changing leg injury during a crash with a car at the weekend.

We wanted more, more, more so original 1980s legends Bananarama have reformed and are heading to the Ipswich Regent.

A new bid to attract thousands more holiday-makers and short-breaks to Ipswich has been launched by the organisation set up to boost tourism in the town.

A man remains in custody today following a police pursuit in Ipswich which reached speeds of more than 100mph.

The sister of a 22-year-old Ipswich man who drowned after ‘tombstoning’ at Alton Water is spearheading a water safety campaign in Suffolk this week to help prevent other tragedies.

Suffolk residents are being urged to keep wet wipes and sanitary products out of their toilets and sewers after an entangled sewerage pump was lifted and cleaned in Lowestoft.

A town guide is being put together outlining important information, contacts and club details for Kesgrave which will be released this summer.

Representatives of tourist-related businesses from across Ipswich will gather at a conference at Trinity Park next month to discuss how the town can attract more leisure business.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Newsletter Sign Up

Sign up to receive our regular email newsletter
MyDate24 MyPhotos24