Argos' market share of entertainment retail in Great Britain (UK) 2013-2017
Argos was founded in the United Kingdom in 1972 and operates as a catalogue retailer. Catalogues are published bi-annually with a spring/summer edition and an autumn/winter edition. Each catalogue offers a range of products including homeware, electronics, sports equipment, children's toys and furniture. The company trades online as well as on the high-street, with 845 stores in the UK in 2016. The number of physical stores has increased from 751 high street stores in 2011. In recent years, the annual sales revenue generated through Argos decreased. In 2016, the company brought in annual sales of 4.095 billion British pounds, which was a decrease from 2011 when sales of 4.19 billion British pounds were generated.