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Tesco Leads UK Retail Christmas Sales Misery

CRASH_BANG_WALLOP · 2012-01-12 09:12:12

down 2.3%! Argos reported a fall in sales of 8.8% in the 18 weeks to the end of last year. DIY chain Homebase, also owned by Home Retail Group, saw sales fall by 2.6% over the same period. Sales at Mothercare were also down - by 3% in the 12 weeks to January. Meanwhile, the troubled chocolate retailer Thorntons continued…

Comments

Thrugelmir Posts: 89,546 Forumite

19 January 2012 at 6:53PM

worldtraveller wrote: »

I see that Warren Buffett has been filling his boots with some more Tesco shares after the fall in the SP and has increased his stake from 3.6% to 5.1%.

Bought 280,000 shares on January 12 and 13th.

Seems the attraction is the 5% yield.

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