Chief executive's statement
1 out of 4
While the consumer environment is clearly challenging and is likely to remain so for at least the short term, Home Retail Group remains in a position of operational and financial strength. Our businesses continue to adapt well to the changing economic conditions, and have demonstrated good relative performances and share gains in their markets. Given our strong financial position, we continue to invest ahead of the recovery in the wider economy and, more specifically, recovery in consumer demand. We therefore remain confident in the Group’s ability to deliver sustainable shareholder returns by maintaining our clear competitive advantage as the UK’s leading home and general merchandise retailer.
