Summer Takes Its Toll On Homebase ; Retail

Summary


DIY chain Homebase said sales of seasonal items dropped by a fifth as the poor summer weather took its toll on customer demand.

The adverse conditions meant Homebase, owned by Home Retail Group, saw an eight per cent fall in like-for-like sales in the 13 weeks to September 1.

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Extract


Summer Takes Its Toll On Homebase ; Retail

Home Retail's other business, Argos, fared better with an improvement of 1.8 per cent, driven by strong gr...

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