All Argos articles – Page 3
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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 (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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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 (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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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.
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AnalysisWatch: Who won the battle of the Christmas ads?
This year more than most, people have been looking forward to the beginning of Christmas ad season. We’ve had the return of Kevin the Carrot, John Lewis giving a little love and racist comments surrounding the Sainsbury’s ad. But which offerings have hit the mark?
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NewsHabitat to close flagship and relaunch in Sainsbury’s and Argos
Sainsbury’s-owned furniture brand Habitat is due for a reset over the coming months, including the closure of its iconic Tottenham Court Road store.
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AnalysisAnalysis: Simon Roberts’ new vision for Sainsbury’s future
Four months into his new role as Sainsbury’s chief executive, Simon Roberts has unveiled his strategic vision for the grocer and its stable of brands.
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VideoWatch: Argos’ Christmas ad puts on festive magic show
Argos’ Christmas advert features sisters Lucy and Daisy who put on a magic show after circling a magician’s set in the retailer’s catalogue.
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NewsSainsbury’s offers customers Nectar points at Argos for first time
Grocery giant Sainsbury’s has begun offering customers Nectar points when shopping for Argos products.
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AnalysisAnalysis: Can Walmart and Kroger really beat Amazon at its own game?
Kroger has followed US grocery rival Walmart by launching its own marketplace. Retail Week analyses whether the two grocery giants really have what it takes to challenge Amazon.
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NewsArgos scraps catalogue after nearly 50 years
Argos has announced plans to stop printing its famous paper catalogue after 47 years, as the retailer makes a definitive shift to online.
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OpinionMove of the Week: New Sainsbury’s boss Roberts sets out his stall
Quick decision making is a business necessity in the current climate as retailers respond to the evolving coronavirus crisis. New Sainsbury’s boss Simon Roberts has certainly wasted no time in shaking up his top team, marking his first day in the job with a duo of significant promotions.
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InterviewLeaving in lockdown: Mike Coupe’s final interview
On the eve of his departure, Sainsbury’s boss Mike Coupe speaks exclusively to Retail Week about the merger that never was, dodging jail in Egypt and how the grocer has been transformed by Covid-19.
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AnalysisLockdown boom: Five retailers given a boost by housebound shoppers
Although coronavirus is hitting most non-food retailers hard, some businesses have been given a boost by the lockdown. Retail Week looks at some of those winning right now.