Argos Joy As Internet Sales Surge by 37%

Summary


ARGOS'S sales over the internet in the last three months, including the Christmas trading period, surged way beyond the company's hopes.

Internet sales were up 37% on a year earlier, meaning the company is now selling about 13% of its goods over the net, bringing in more than Pounds 400 million a year. The bigger Argos Extra catalogue helped stave off the expected sales decline at the chain, with stores a year old or more recording flat sales. However, sister chain Homebase's sales crashed 3%.

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Argos Joy As Internet Sales Surge by 37%

Owner GUS is...

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