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A comment on IKEA to discontinue its annual catalog, ending a 70-year run. Parent comment

Re:IKEA to discontinue its annual catalog, ending a 70-year run by vidarh on Wednesday February 17, 2021 @12:28PM (#26168920)
The growth I referred to was explicitly Argos, which has seen consistent growth through all of 2020, with Nov/Dec being 8% up year over year.

8% isn't huge, but it contributed to the majority of Sainsbury's overall growth in the period, and it's a massive turnaround for Argos given it's revenues have basically stayed about the same level for a decade.

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Re:IKEA to discontinue its annual catalog, ending a 70-year run by iso1631 on Wednesday February 17, 2021 @03:35PM (#26171369)
Online sales as a percentage of all retail sales in the UK have been steadily increasing by about 2pp per year for the last decade until 2019 [0]

In 2020 this increased from 19% to 28%, from £76b to £99b [1]

For Argos sales to only be up 8% in 2020, or £320m, isn't good, it took just 1.3% of the extra online sales. Remember also that Argos (on the whole) remained open for collection during the lockdowns inside of Sainsburys.

[0] https://www.ons.gov.uk/businessindustryandtrade/retailindust...

[1] https://www.statista.com/statistics/315506/online-retail-sal...

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