Archive for January, 2012

Home Retail Group reported sales fell sharply over Christmas

The Home Retail Group (HRG) which owns Argos and Homebase reported that sales fell sharply over Christmas and said it will significantly cut this year’s dividend.At Argos, like-for-like sales – which strip out the effect of store openings – were down 8.8% in the last 18 weeks of 2011. At DIY chain Homebase, weak demand […]

January 27, 2012 · Home Based Jobs · Comments Closed
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HMV reports Christmas sales slump

Retailer HMV has reported a sharp slump in sales for the Christmas period but noted a slowing in the decline of its music and film business.Like-for-like sales- which exclude out the effect of shop closures, fell 8.1% in the five weeks to the end of the December. Total sales were down 16.6%. The group reiterated […]

January 26, 2012 · Home Based Jobs · Comments Closed
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British economy shrinks by 0.2pc

The economy shrank 0.2pc in the final three months of 2011- official figures from the Office for National Statistics (ONS) show.Economists, including those at the Treasury’s independent forecaster the Office for Budget Responsiblity, had expected a decline of just 0.1pc. The fact that Britain’s factories are in crisis again will comes as a damaging blow […]

January 25, 2012 · Home Based Jobs · Comments Closed
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Thorntons’ Christmas sales miss expectations- lose weight and gain pounds

Chocolate maker Thorntons has said its sales over the key Christmas trading period were below expectations.Like for like sales at its own stores were down 4.2% in the 14 weeks to 7 January. It said profitability had also been hit by the “high level of promotional activity across the market”. Thorntons runs a total of […]

January 24, 2012 · Home Based Jobs · Comments Closed
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Blacks Leisure goes into administration

Blacks Leisure has announced that it is to go into administration as part of a takeover deal.The so-called prepack arrangement will wipe out the whole value of existing shares, which have now been suspended from trading on the London Stock Exchange. The retailer said it had received a number of final offers for the bulk […]

January 23, 2012 · Home Based Jobs · One Comment
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Eurozone unemployment stays at record high

Unemployment in the eurozone stayed at a record high in November as the impact of the sovereign debt crisis continues according to official figures.The jobless rate in the 17 nations that use the euro was 10.3% in November for the second month in a row, according to the Eurostat statistics agency. There were 16.3 million […]

January 20, 2012 · Home Based Jobs · Comments Closed
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Self employment jobs increase to 4.2 million

The employement figures announced yesterday showed a large rise in the number of self employed jobs as a rise of 101,000 took the total to a new record of 4.2 million.The self employment growth is an issue raised in a report by the Chartered Institute of Personnel and Development this week. “While some of these […]

January 19, 2012 · Home Based Jobs · One Comment
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UK unemployment increases by 118,000 to 2.69 million

UK unemployment rose by 118,000 in the three months to November to 2.69 million official figures now show.The Office for National Statistics (ONS) said the unemployment rate also rose to 8.4% from 8.3%, the highest since January 1996. The number of people claiming Jobseeker’s Allowance in December rose by 1,200 to 1.6 million. The number […]

January 18, 2012 · Home Based Jobs · Comments Closed
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Wretched December for Scottish shops

According to the Scottish Retail Consortium (SRC) 2010 was a wretched year for retailers.Scottish shopkeepers have reported their worst December since at least 1999, claimed the SRC. Although sales last month were up by 1.6% compared with the previous year, it was the weakest December since the survey began in 1999. Like-for-like sales, which discounts […]

January 17, 2012 · Home Based Jobs · Comments Closed
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Barratts announces 1,610 redundancies

Barratts Priceless stores are facing closure and administration.The administrator of troubled shoe chain Barratts Priceless has said it has made 1,610 employees redundant. The job losses are at the retailer’s concessions within other stores in the UK and the Republic of Ireland. Administrators Deloitte said selling the concession part of the business will “not be […]

January 16, 2012 · Home Based Jobs · Comments Closed
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