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I can't help but think the days are numbered for Argos. Since internet retailers have come along (which are usually a lot cheaper) the only real reason to buy f
by lucaspiller 11y ago
I can't help but think the days are numbered for Argos. Since internet retailers have come along (which are usually a lot cheaper) the only real reason to buy from them is if you need something now rather than next day or in a few days. At the same time supermarkets have expanded into selling the same sort of products that Argos sells (small appliances, electronics, toys, etc).
I can't find any numbers on Argos itself, but the group that owns them (as well as a few other large retailers in the UK) made profits of £93.8m on revenues of £5.7B last year:
https://en.wikipedia.org/wiki/Home_Retail_Group#Financial_performance https://en.wikipedia.org/wiki/Home_Retail_Group#Financial_pe...
- aembleton 11y agoI don't think their days are numbered. I find them to be pretty competitive price wise against the likes of Amazon, with the advantage that I can get the item right now. Like you said, that applies to supermarkets, but if for example I wanted to purchase a kettle in my local Sainsburys I don't think they have a website that lets me check out reviews and order for my local store. I'm sure they could delver something but so could Amazon. Also, if you order before 6PM you can get same day delivery: http://www.argos.co.uk/static/ArgosPromo3/includeName/fast-track.htm http://www.argos.co.uk/static/ArgosPromo3/includeName/fast-t... and they cover much more of the country than Amazon PrimeNow service. It's service like this that makes me think Argos are seriously fighting back against Amazon now.