Published on 21 January 2015

HOMEBASE Like-for-like sales increased by 0.6%

Home Retail Group, the UK’s leading home and general merchandise retailer, today publishes a trading statement for the 18 weeks from 31 August 2014 to 3 January 2015.

Total sales at Homebase declined by 2.7% to £451m due principally to a reduction in net space of 3.3%. There were 12 store closures in the period, resulting in a total of 19 closures year to date. The Homebase portfolio has therefore reduced to 304 stores and we remain on track to close a total of around 25 stores in the current FY 2015 financial year.

Like-for-like sales increased by 0.6% in the period. There was growth in sales of seasonal products, principally as a result of the warm weather during the period. Big ticket sales performance was broadly flat, while sales in the remaining product categories were slightly down.

 

Source: http://www.homeretailgroup.com/

About us

Garden Europe is one of the leading European Garden business Web site. Our mission is to be one of the primary sources of information about garden events, products, best practices, social media, trade shows and the latest garden trends.

Garden Europe is a platform to inspire Garden members providing information, ideas and solutions for profitable business.

© Copyright bohero bvba.  Privacy Policy  |  Terms of use  |  Disclaimer  |  Cookies  |  Website by Webatvantage

This website uses cookies! For more information regarding our cookies, please read our cookie policy