• Aliens rescue Argos

        • Aliens rescue Argos

          Argos has reported a rise in underlying sales for the first time in five years, its owner Home Retail Group has said.

          A digital push at the high street business helped Argos deliver a 6 per cent increase in underlying operating profits to £100.3 million - in sharp contrast to the near 60 per cent plunge the previous year.

          Argos said its 'Aliens' TV advertising campaign continues to be 'well received' by customers, achieving high recall scores in analysis following its Christmas trading period.

          Online and mobile sales accounted for more than half of all revenues at the 737-strong chain during the year to 2 March, helped by its click and collect service, while the group said it was on track to launch the first full digital catalogue before Christmas.

          However, parent firm Home Retail Group saw overall underlying pre-tax profits drop 10 per cent to £91m after a tougher year at its Homebase DIY chain, which suffered a 52 per cent tumble in earnings to £11m.

        • Stay up to date - Click here and register for FREE Channel Info online membership and enjoy unlimited access to a host of benefits including the exclusive members area of the website, downloadable business tools, current and back issues archive, priority breaking news alerts, weekly e news summary and the Channel Info app

        • Related Articles

        • Midwich Group year end trading update

          Midwich Group year end trading update

          Wednesday 20th Jan 2021
          Midwich Group has announced a trading update for the year ended 31st December 2020. Despite the ongoing challenges of the coronavirus pandemic, the group's trading recovery continued in the second half of the year and, as a consequence of a stro...Read More...
          Northamber appoints new Director of Solutions

          Northamber appoints new Director of Solutions

          Tuesday 19th Jan 2021
          Northamber plc has announced that Tony Price has joined the company as Director of Solutions.  Tony brings almost 30 years of channel experience to the Solutions team, with almost 20 years of experience leading teams in distribution and 10 year...Read More...
          Tech Data launches enhanced HPE accelerate programme

          Tech Data launches enhanced HPE accelerate programme

          Tuesday 19th Jan 2021
          Tech Data has launched an enhanced version of its HPE Accelerate programme and is looking to on-board more partners over the next few months.   The HPE Accelerate programme brings together all the advantages of working with Tech Data to dri...Read More...
                • About Us

                  Channel Info is the leading source of business news and information for the office dealer and reseller market. Our multi-platform approach delivers relevant, engaging and focussed content via our main printed magazine, supplements, website, digital editions, apps, newsletters and bespoke communications with an unrivalled reach across the industry. A highly trusted and respected brand for many years, the team behind Channel Info has over 60 years experience collectively in the office products, furniture, equipment and technology markets Channel Info continues to develop and adapt in order to meet the changing information needs of its readers.

                  For our latest Media packs and more details on our range of services click here

                • View Latest Issue