Sales rise at Argos and Homebase
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Argos and Homebase owner Home Retail Group says sales are rising at both store chains.
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WASHINGTON - New home sales posted an unexpected increase in September. Analysts, however, viewed the small gain as highly questionable given the severe credit crunch that rocked the housing industry this summer. They predicted further sales declines before the worst housing slump in more than two decades comes to an end.
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Sales of existing US homes surged unexpectedly in September on low mortgage rates, a trade association group said Monday, adding that activity would have been even brisker had hurricanes not hit the south.
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Business & money: Supermarket chain trumps rivals with 9% sales jump, and new ad campaign helps lift profits
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LONDON (CBS.MW) -- British retailer Gus (UK:GUS) , which owns catalogue retailer Argos, credit agency Experian and luxury goods group Burberry (UK:BRBY) , said Thursday first half profit before amortization of goodwill, exceptional items and taxation rose
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Sales of existing U.S. homes surged by an unanticipated 3.1 percent in September as low mortgage rates fueled home buying, a trade association said on Monday.
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WASHINGTON  - Sales of existing U.S. homesunexpectedly rose by 2.7 percent in November as low mortgagerates fueled a record pace of home-buying, a trade associationreport showed on Wednesday.
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Argosy reports solid Q4 gains ahead of merger with Penn National Gaming.
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No. 3 U.S. warehouse club operator BJ's Wholesale Club Inc  said on Wednesday that its August sales at its clubs open at least a year rose 1.4 percent, meeting analysts' expectations.
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New-home sales surged unexpectedly in September, climbing 3.5%, as low mortgage rates attracted buyers, a government report showed Wednesday.
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Retail sales in Britain rebounded by 0.6 percent in August, buoyed by higher sales in food, department and clothing stores, defying expectations of a second monthly decline.
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Stocks were up on Friday after stronger-than-expected new home sales in July and another report showing a rise in factory orders for big-ticket items.
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Sales of new homes unexpectedly rose  2.8 percent to an 870,000 annual sales pace in July, reversing  two months of declines, and inventories eased, a Commerce  Department report showed on Friday.
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The No. 2 grocer reports double-digit gains in sales and earnings after recent acquisitions.
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Existing home sales in the Unites States surged 3.1 percent in September to a seasonally adjusted annual rate of 6.75 million units, the third highest level on record, the
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Home Depot reported a jump in second-quarter profit on record sales as it benefited from strong performance in stores open at least a year.
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The number of homes sold in England, Wales and Northern Ireland hits its highest level since the 1980s boom.