All Argos articles – Page 3
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NewsScS appoints ex-Argos boss John Walden as chair
ScS has named former Argos and Home Retail Group boss John Walden as its new chair.
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AnalysisAnalysis: Sainsbury’s boss Roberts’ key takeaways on inflation, suppliers and staff pay
Sainsbury’s chief executive Simon Roberts faced questions on everything from inflation and supplier relationships, to staff pay and Argos’ ongoing underperformance as he presented details of first-quarter trading to the media this week.
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AnalysisAnalysis: Can Sainsbury’s food-first focus stand up to inflationary pressures?
A year into its strategy to put food back at the heart of its business, Sainsbury’s has delivered strong profit growth. Yet as the cost-of-living crisis begins to bite, the grocer is faced with unique challenges on top of the hyper-inflationary market
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DataLeague table: The UK’s busiest retail websites – Christmas 2021
Amazon and eBay emerged as the most-visited retail websites in the UK during the crucial Christmas period.
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NewsSainsbury’s delays toy promotion as boss predicts Christmas shortages
Stock shortages due to the ongoing supply chain crisis have forced Sainsbury’s to delay its toy promotion by a week, with boss Simon Roberts predicting further shortages over Christmas.
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NewsSainsbury’s posts increase in profits as market share rises
Sainsbury’s has reported an increase in profits in its half-year results as improved grocery sales drove growth in market share.
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DataRanking: From M&S to Iceland – UK consumers’ favourite brands
Marks & Spencer has been crowned the best retail brand according to shoppers in YouGov’s UK Retail Rankings 2021.
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NewsSainsbury’s raises profit forecast as performance ‘better than expected’
Sainsbury’s has upgraded its profit outlook as it makes “good progress against the plan to put food back at its heart”.
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AnalysisRevealed: UK consumers’ top 16 best-loved brands
UK consumers have revealed their most-loved brands and just a handful of retailers dominate when it comes to best stores, website, delivery service and value for money, according to Retail Week’s new free report The CX Factor.
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Opinion‘The Amazon effect, excess space and the pandemic are driving retail evolution’
If we cast our minds back 20 years or more, most brands had very few standalone sites, preferring to operate via wholesale or concessions in department stores.
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Retail Navigator AnalysisArgos (Overview)
Argos was acquired by Sainsbury’s from former owner Home Retail Group for £1.4bn in September 2016, as part of the grocer’s bid to strengthen its multichannel strategy. Sainsbury’s has been steaming ahead with Argos’ digital transformation. Ecommerce is an intrinsic part of the strategy, but the overriding aim at Argos is about creating a cohesive multichannel strategy. Its market-leading delivery and collection proposition is a big part of this – and was one of the main draws for Sainsbury’s, which was looking to expand its ecommerce credentials.
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Retail Navigator AnalysisArgos (SWOT)
Argos is well-established as one of the UK’s leading ecommerce retailers. Sainsbury’s and Argos are clearly a good fit as the grocer strives to boost its multichannel credentials. By using excess space for concessions and collection points in Sainsbury’s supermarkets, it stands to reason that Argos’ standalone store network can be reduced with a significant reduction in operating costs.
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Retail Navigator AnalysisArgos (Strategy)
For the first time, towards the end of the 2022 financial year more sales came through Argos stores inside Sainsbury’s supermarkets than through standalone Argos stores, reflecting the businesses’ strong progress in integrating the two brands.
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Retail Navigator AnalysisArgos (People)
Simon Roberts is chief executive officer for the Sainsbury’s Group and many key roles operate centrally across the business.
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NewsSainsbury’s profits slide as strong sales fail to offset Covid costs
Sainsbury’s has recorded a sharp drop in profits over the past year with its results ”heavily influenced by the pandemic”.
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NewsSainsbury’s boosts pay and awards Covid recognition payment for frontline staff
Grocery giant Sainsbury’s has issued a pay rise for all its frontline staff alongside a third one-off recognition payment for their work during the ongoing coronavirus crisis.
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GalleryStore gallery: Sainsbury’s launches first Fresh Food Market at new-look flagship
Sainsbury’s has opened a newly renovated flagship supermarket format boasting the grocer’s first-ever Fresh Food Market.
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NewsLeading retailers pledge to take action on diversity and inclusion in 2021
Following a year where business’ D&I agendas have come under scrutiny, 16 brands including M&S, New Look and Sainsbury’s Argos have partnered with Retail Week’s Be Inspired programme to promote diversity and empower their teams.
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AnalysisBlack Friday bargains snapped up early – but will shops see a last-minute rush?
Sales may have been down on Black Friday and Cyber Monday, but don’t be fooled into thinking the discounting event was a damp squib. Grace Bowden reports.
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OpinionMove of the Week: Steve Carson swaps supplements for sofas at ScS
It takes a brave person to trade selling health and wellness products for big-ticket furniture items on the cusp of the deepest economic downturn in 300 years. Fortunately, Steve Carson has never been afraid of a challenge.