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Argos is one of the United Kingdom's largest nonfood retail chains, with sales over £2bn.
Argos was founded in 1973. Argos was the pioneer of catalogue retailing in the UK. Argos is now part of the Argos Retail Group, which is owned by GUS plc.
Argos, launched in 1973, has almost 500 stores throughout the UK and Republic of Ireland. Around 98% of the UK population live less than 10 miles from an Argos store.
Argos had sales in the last financial year of £2.8 bn.
During the next few years Argos is planning to open 35 new stores a year employing an additional 2,000 a year.
Argos is to grow capacity and improve customer shopping service in Argos Direct, the delivery to home operation. Sales by Argos Direct grew by 50% compared to last year. It accounted for sixteen percent of Argos' sales - up from twelve percent last year. Preparation for the construction of the new Argos Direct warehouse has started, with completion planned before the end of the current financial year.