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Argos sales edge higher

Like-for-like sales at Argos nudged 0.1% higher in the 13 weeks ended 28 May, Home Retail Group said. Sales had fallen by 2.6% last year.

Internet sales rose by 16% and accounted for almost half of all Argos sales.

HRG is on track to be acquired by Sainsbury’s in Q3, chief executive John Walden said.

Click here for the full FT article (£)

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