Argos sales boom fuelled by top-end TVs and tablets
by Julia Kollewe from Technology | The Guardian on (#1GM79)
Euro 2016 helps boost Ultra HD TV sales to give Home Retail Group-owned chain its best figures in two years
Argos has reported its strongest sales performance in two years as it prepares for its sale to Sainsbury's, but also revealed it had set aside 30m to compensate store card customers who were charged "excess fees".
Booming sales of top-end TVs, computers and tablets offset a decline in white goods and weaker sales of seasonal products during the chilly spring weather. Sales of computers and tablets were up 7% each, bucking a decline in the market. Furniture and wearable technology such as fitness watches also sold well.
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