Partly Cloudy

Partly Cloudy

max temp: 18°C

min temp: 11°C

Search

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

12:57 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 170-tonne electricity transformer the size of a bungalow is being transported along the A12 in Suffolk on Saturday.

Chinese backers yesterday signed important financial agreements connected to the construction of Suffolk’s yet-to-be-approved Sizewell C nuclear power station.

A 15-year-old girl missing from Ipswich has been found, according to Suffolk police officers.

A 32-year-old autistic woman from Ipswich has hosted a Macmillan coffee morning in memory of her mother, who died of cancer two years ago.

And depending how significant the prize, or the emotional attachment to it, their fates can range from living out their days in a dusty draw to taking pride of place on your (or your parent’s) mantelpiece.

Police are appealing for witnesses and information after a nine-year-old girl reported being approached by two men on bicycles in Ipswich.

Police stopped a driver on the A14 this afternoon near Needham Market who was going at 107mph.

Members of a Suffolk-based fitness team have raised more than £7,000 for Ipswich Hospital’s neonatal and paediatric wards after completing the Three Peaks Challenge in just 22 hours.

Opened up in 1938, Broomhill Pool was, for decades, one of the most popular attractions in Ipswich.

A nursing home where an elderly man fell to his death has been put into special measures after inspectors gave it an overall rating of “inadequate”.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Streetlife

Newsletter Sign Up

MyDate24 MyPhotos24