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Type Product title / description Pub Price
CommentWire
CommentWire

Argos: expanding into small store format

Argos' announcement that it is to open its first smaller convenience store in Cricklewood later this month, with plans for up to 35 outlets, further demonstrates the flexibility which has underpinned the retailer's successful multi-channel, multi-format strategy. But, with competition from the likes of Tesco and Asda heating up, Argos faces a more challenging future.

Published By Datamonitor
09 Oct 2006
CommentWire
CommentWire

Argos: setting up shop in India

Argos will develop its Indian operation through a franchise agreement with a joint venture company formed by K Raheja Corporation's Shopper's Stop and HyperCITY retail divisions. Moving into overseas markets could not come at a better time for the retailer as it reaches saturation point and faces stiff competition from grocers in the UK.

Published By Datamonitor
26 Feb 2007
Expert View
Expert View

Beauty sample boxes provide opportunities but should be approached with some caution

Consumers could reject monthly subscription beauty sample boxes for their initial high cost compared to a one-off inexpensive treat, or may end up relying on them, reducing store footfall. However, benefits such as a wider brand awareness and customer base, alongside a high profit margin, mean that retailers could bolster their position in a relatively stable market by adopting this tactic.

Published By Datamonitor
06 Feb 2013
Expert View
Expert View

BRC figures positive, not indicative of retail recovery

Despite fears of a slowdown in sales on Britain's high streets, the British Retail Consortium has reported that total retail sales in December 2005 were 6% up on the year before, the best result for any month since May 2004. However these figures should be treated with some caution as they do not account for the myriad exceptional factors influencing Christmas trading this year.

Published By Datamonitor
10 Jan 2006
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Expert View

Challenging times ahead for demerged GUS

GUS has reported underlying annual pre-tax profits of GBP829 million, down 9% from last year, as its Argos Retail Group (ARG) suffered a 38.9% profit decline in a difficult home retail sector. However, with profitable credit rating agency Experian about to be demerged, how well placed is ARG to prosper in a challenging retail environment?

Published By Datamonitor
25 May 2006
CommentWire
CommentWire

Findel: challenging times ahead

Findel has reported that its school supplies unit outperformed its home shopping unit for the first time last year. A government policy of increased spending on schools and a sales uplift from two acquisitions should bring the company benefits, but the uncertainty of demand from its target customers make its future prospects unpredictable.

Published By Datamonitor
12 May 2006
Expert View
Expert View

GUS: weak margins threaten demerger

GUS announced mixed results from its two divisions yesterday ahead of its scheduled demerger in October. Although GUS' retail arm - Argos Retail Group (ARG) - has delivered a sterling performance during the first quarter of this year, it masks considerable variations between its two retail businesses, Argos and Homebase.

Published By Datamonitor
13 Jul 2006
CommentWire
CommentWire

Home Retail Group: an uninspiring festive performance

Home Retail Group's third quarter results demonstrate an improvement in profitability, with Argos' sales up 4.3%, although sales at sister chain Homebase fell 0.2%. However, the challenge to grow sales in 2007 will be extremely difficult, for Argos in particular. It faces tough comparatives and strengthened competition from Tesco Direct - which increases the need to look overseas to drive sales.

Published By Datamonitor
18 Jan 2007
Expert View
Expert View

Home Retail Group: needs to prove its worth as a standalone entity

Home Retail Group's maiden interim results provided little in the way of surprises. Argos continues to post healthy sales increases, while Homebase grapples with a difficult trading environment in DIY. Argos is expected to generate robust sales growth over the key festive season, but there is concern over the future profitability of HRG as it faces intense competition on several fronts.

Published By Datamonitor
21 Nov 2006
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Expert View

Home Retail Group: plunges to first half loss as sales slide

Home Retail Group, owner of Argos and Homebase, has reported a pre-tax loss of GBP437m for the 26 weeks to August 30, after taking an exceptional charge of GBP549m related chiefly to a write-down in Homebase's value. With the group particularly exposed to the housing market downturn and facing increasing competition from Asda and Tesco, trading conditions are set to become even more challenging.

Published By Datamonitor
23 Oct 2008

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