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.
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...