Home Retail Group
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(Redirected from Argos Retail Group)
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| Type | Public (LSE: HOME) |
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| Industry | Retailer |
| Founded | 2000 |
| Headquarters | Milton Keynes, England, UK |
| Key people | Oliver Stocken Chairman Terry Duddy CEO |
| Products | Consumer goods |
| Revenue | £5.8 billion (2011)[1] |
| Operating income | £258.0 million (2011)[1] |
| Net income | £190.9 million (2011)[1] |
| Employees | circa 57,000 |
| Website | www.homeretailgroup.com |
Home Retail Group plc (LSE: HOME) is a holding company for the UK and Republic of Ireland retailers Argos and Homebase. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
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[edit] History
The Company was established in 2000 when GUS plc merged its Argos and Reality UK businesses.[2] It went on to acquire Homebase in 2002 and 33 Index stores in 2005.[2] It was demerged from its parent company, GUS plc, with effect from 10 October 2006.[3] Shares in Home Retail Group were traded on the London Stock Exchange as from 11 October 2006.[4]
[edit] Operations
The Company comprises the following businesses:
- Argos (including HomeStore&More)
- Homebase
- Hygena
- Schreiber
- Alba
- Bush
- Chad Valley
- Habitat (retailer)
- Financial services including HOME Financial Services, comprising HOME Card Services (handling store cards such as the Argos Card and Homebase Card), HOME Insurance Services (handling in the store extended warranties and accidental damage insurances) and HOME Card Transactions (handling processing of in-store EFTPOS transactions).
