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Article: Take Stock : Home shopping boost for Gus as sales figures grow.(Business)
- Article from:
- The News Letter (Belfast, Northern Ireland)
- Article date:
- October 18, 2000
- Author:
CopyrightCOPYRIGHT 2000 Johnston Publishing Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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GUS's first-half trading update highlighted continuing strong like-for-like sales growth figures from the Argos division.
This was again attributable to the new single catalogue introduced last year.
The Home Shopping division has continued to exhibit a downward trend in like-for-like sales as the group has now cut back customer recruitment expenditure.
The Experian Division revealed four per cent growth in sales overall, although the performance from North American, the main contributor to this division's profits, was slightly disappointing, as ...