Marketing, E-commerce and Digital Design, Product Management, Brand Development, Design, Advertising and Consultancy

Home Retail Group outlines Argos digital development plans as online sales grow

on Apr 30, 2014 | 0 comments

By Stephen Lepitak

Argos saw online sales reach 44 per cent of its total sales last year, with mobile commerce growing by 89 per cent to account for 18 per cent of its total sales year on year, as its parent company Home Retail Group sees Argos chief John Walden take over as CEO.

Home Retail Group announced an overall 3 per cent increase in sales to £5,663m, with a reported pre-tax profit of £71.2m.

Of those sales, Argos brought in £4,05.1m and Homebase achieved £1,489.2m, with a combined profit for the year of £54m.

Last year, Argos saw customer registrations reach 11.6m, Read full story ›

Source: The Drum