Tablet sales ease Argos sales worries

The launch of Apple's iPad 3 tablet computer provided some welcome respite for embattled catalogue chain Argos as it reported better-than-expected sales today.

Argos parent Home Retail Group said better sales of consumer electronics, driven by the highly-anticipated release of the new iPad in March, helped ease like-for-like sales declines in the division to 0.2% in the three months to June 2.