Tag Archives: argos

Video games star in strong Argos results

Argos says sales of electricals – includingvideo games, tablets, TVs and white goods – helped it deliver a strong financial quarter, as its parent company appoints a new chief exec. Total sales grew by 3.6 per cent to 1.808m while like-for-like sales increased by 3.8 per centfor the 18 weeks …

Read More »

eBay teams up with Argos for click & collect service

Consumers will soon be able to choose for some of their eBay purchases to be collected from Argos stores rather than be delivered to their doors. Mobile Money Revolution reports that the auction site is allowing its top 50 merchants to have its orders dropped off at 150 of Argos’ …

Read More »

Argos looks to a digital future

Home Retail Group has reported a year of flat sales and reduced profits, but owned multi-channel retailer Argos has had a better year. The company also announced a ‘transformation plan’ to reinvent Argos as a digital retail leader and reposition it from a catalogue-led to a digitally-led business. The firm’s …

Read More »

Electronics sales boost Argos Q4 takings

Home Retail Group has announced that total sales grew 1.6 per cent to 1.744m between September 2nd and January 5th. Internet sales for the year accounted for 42 per cent of total sales. "Argos had a good peak trading period building on its first half performance,” says Terry Duddy, Home …

Read More »

Argos to undergo brand overhaul; More store closures incoming

Popular catalogue retailer Argos is to revamp its UK operations in a new drive beginning next week. MyRetailMedia reports that central to the change is a renewed online effort, a rise in prices and, crucially, a dramatic increase to its store closure program with up to 100 outlets facing the …

Read More »

Argos owner suffers 60% profit slump

The Home Retail Group has suffered a 60 per cent year-on-year decline in profits after a poor performance from Argos. The Home Retail Group’s profits fell from 265.2m last year to 90.2m. The main culprit was Argos, whose sales declined seven per cent to 3.8bn. While the Group’s performance in …

Read More »

Nintendo embarks on fresh Kid Icarus retail press

Kid Icarus: Uprising is to come under the spotlight once again as Nintendo kicks off a fresh round of retail promotions for the title. Any consumers who buy the game from Argos between April 24th and May 31st will receive a free pack of 24 AR Cards for the game. …

Read More »

Argos sales decline 8.5%

Home Retail Group has revealed that its Argos chain suffered an 8.5 per cent decline in like-for-like sales for the eight weeks ending March 3rd. Overall sales fell 7.7 per cent to 480m. The numbers were apparently driven by the continued weakness in the consumer electronics market”. 12 stores were …

Read More »

New Argos CEO plots radical reinvention

The new boss of Argos says he has been given a clean sheet from Home Retail Chairman Oliver Stocken to embark upon a brand new strategy for the catalogue retailer. And speaking to Bloomberg, John Walden said that he’s open to the idea of potentially using Argos stores in a …

Read More »

Argos dates Kinect Star Wars for April

The new Argos catalogue released this weekend has dated Kinect Star Wars for April in the UK. The Xbox 360, which blends Jedi action with motion control, game was originally included as part of Microsoft’s Christmas 2011 release slate but it was delayed to this year for further development time. …

Read More »