Argos - Online sales now 44% of revenue. Bye Bye laminated book of dreams?

By : Administrator
Published 30th April 2014 |
Read latest comment - 2nd May 2014

The Home Retail Groups CEO has said one in five sales at Argos is made on a mobile device, and online sales account for 44% of revenue according to the FT.

I suppose it's echoing the general retail trend, but I wonder what these numbers will be in 12 or 24 months time? Will it then be viable to have a physical store if say 70%+ of revenue is made online?

Argos isn't like Currys where you can go in and easily touch feel things, then go and buy the best deal online, so does this mean the famous laminated book of dreams is running out of shelf life?

I know my wife swears by Argos, and spends half her life reserving things, but we still go to the local store to pay and collect them. I wonder if the model will change to a simpler collection, warehouse only model, with transactions online.

How do you use Argos? Bye online or instore?


Steve Richardson
Gaffer of My Local Services
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Comments

reserve and collect to be honest. only i pay when i collect, and make sure to look at the item before i pay for it.

depends on what im after really, but "click-and-collect" or "reserve online" is nearly always my preferred method - especially since some shops have exclusive prices online.


Thanks,
UK-Fire

Don't forget you have to pay for delivery. Click and collect is still going to be king. More and more shops are doing it as people don't want to pay for delivery. I have to say I do like the argos model and I'm partial to the book of dreams.


Thanks,
Pubby

There must still be a demand for a store though. Popped in to my local store during the holidays and it was rammed.

Book of dreams .... lmao - 


Clive

Argos were shrewd long ago. Most stores live on retail parks easy parking, easy access. Loyal customer base and dwindling competition id say they are here to stay.


Shakester

I hope they're here to say I don't want to loose my laminated book of dreams. Argos have got the model right 


Thanks,
Pubby

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