U.K. retailers are getting slammed after Home Retail Group (HMRTY.PK -13.3%) reports a steep...


U.K. retailers are getting slammed after Home Retail Group (HMRTY.PK -13.3%) reports a steep decline in sales at Argos (similar to Wal-Mart, but no groceries). The results speak to stagflationary conditions in the U.K. hitting those who can least afford it.
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