ARGOS has reported flat sales following a “volatile” Christmas trading period in which high demand for Black Friday promotions skewed its performance.

Home Retail Group said Argos’s like-for-like sales for the 18 weeks to January 3 changed little at 0.1 per cent higher, as strong TV and video gaming sales offset a decline in jewellery. Total sales lifted 0.8 per cent to £1.8 billion.