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Browsing the "Industry News" Category


Argos owner reports full year sales rise

Published on April 30th, 2014 | by The GC Team

Home Retail Group today confirmed that like-for-like sales at Argos rose 3.3% in the 52 weeks to 1st March 2014, to £4,051 million, mainly due to increased internet penetration. Online sales now account for 44% of ... Read More


CPW grows Q4 revenues by 2.3%

Published on April 29th, 2014 | by The GC Team

Carphone Warehouse reiterated its full-year guidance after Q4 like-for-like revenue growth increased 2.3%. The company said it maintained the momentum seen during the Christmas quarter, despite strong comparatives. Overall connections were down 10.1%, reflecting continued weakness ... Read More


UK shows “solid” economic growth in Q1 2014

Published on April 29th, 2014 | by The GC Team

Figures issued today (Tuesday) by the Office for National Statistics show that the UK economy grew by 0.8% in the first quarter of this year, as measured by Gross Domestic Product (GDP).  The figures – described ... Read More


UK recovery remains solid, says CBI

Published on April 29th, 2014 | by The GC Team

Economic growth continued to gather pace in April and even stronger growth is predicted for the next quarter, according to the latest CBI Growth Indicator. Output rose from the eight-month low recorded in the previous month, ... Read More


Philips to sell WOOX Innovations to Gibson Brands

Published on April 28th, 2014 | by The GC Team

Philips today announced that it has signed an agreement regarding the sale of WOOX Innovations, its Audio, Video, Multimedia and Accessories business, to Gibson Brands Inc. Under the terms, Gibson Brands will pay $135 million and ... Read More

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