Not Deathwatch: Argos closing stores, but bright digital future lies ahead
That iconic catalogue shop chain Argos is definitely not in trouble, oh no, no way, no how. The fact that they’re closing or relocating 75 stores in the next five years is no indication that things are getting tough in Argos Towers.
They say that it’s all part of their plans to become a ‘digitally-led’ retailer as opposed to a ‘catalogue-led’ one, with a larger range with universal appeal and a stronger online presence. Like a cuter version of Amazon, maybe.
Argos has 700 UK stores and has said that 10 of them will close this year, with no new openings. In the stores that remain, it’ll be upgrading its computer systems to "collect customer data on a large scale".
Catalogues will be phased out, replaced by computers and wi-fi will be available to allow customers to order from their smartphones. Perhaps we will see robots behind the counter, handing over our goods as well.
Finally, the Argos boss is called Terry Duddy, which we think is a great name.