British catalogue retailer Argos’ parent company Home Retail Group was taken over by supermarket chain Sainsbury’s in April 2016. The acquisition resulted in the opening of several Argos units inside Sainsbury’s supermarkets. As displayed in this statistic, by 2024, the total number of Argos stores across the UK equaled 659, a decrease from the previous year. This number included Argos’ own shops as well as stores inside Sainsbury’s and the DIY retailer Homebase.
Sainsbury’s integration
As part of plans to further integrate Argos into their core businesses, Sainsbury’s has continued with their strategy to open up more Argos shops inside their supermarkets, whilst closing stand-alone stores. Additionally, the supermarket chain introduced click and collect locations for Argos orders across a number of Sainsbury’s Local stores.
A true multichannel business
Argos’ business model allows the retailer to combine online and physical sales. Over the years, Argos digital purchases soared and since 2017 account for more than half of the retailer’s total sales. As a typical multichannel retailer of general merchandise, Argos offers its customers click-and-reserve and fast-track collection options.
Number of Argos stores in the United Kingdom (UK) from fiscal year 2011 to 2024
Fiscal years ending February to March of each given year. Number of stores as of year-end. Financial year 2023 ended March 2, 2024. From 2017 onwards, figures for total Argos store numbers include Argos stores, Argos in Sainsbury's, Argos in Homebase and temporary stores.
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J Sainsbury. (June 3, 2024). Number of Argos stores in the United Kingdom (UK) from fiscal year 2011 to 2024 [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/500560/argos-store-numbers-united-kingdom-uk/
J Sainsbury. "Number of Argos stores in the United Kingdom (UK) from fiscal year 2011 to 2024." Chart. June 3, 2024. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/500560/argos-store-numbers-united-kingdom-uk/
J Sainsbury. (2024). Number of Argos stores in the United Kingdom (UK) from fiscal year 2011 to 2024. Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/500560/argos-store-numbers-united-kingdom-uk/
J Sainsbury. "Number of Argos Stores in The United Kingdom (Uk) from Fiscal Year 2011 to 2024." Statista, Statista Inc., 3 Jun 2024, https://www.statista.com/statistics/500560/argos-store-numbers-united-kingdom-uk/
J Sainsbury, Number of Argos stores in the United Kingdom (UK) from fiscal year 2011 to 2024 Statista, https://www.statista.com/statistics/500560/argos-store-numbers-united-kingdom-uk/ (last visited November 09, 2024)
Number of Argos stores in the United Kingdom (UK) from fiscal year 2011 to 2024 [Graph], J Sainsbury, June 3, 2024. [Online]. Available: https://www.statista.com/statistics/500560/argos-store-numbers-united-kingdom-uk/