WP
Argos are a whole lot less vulnerable than either of those retailers. They have the ability to completely minimise or even discontinue whole departments as and when they become unprofitable. Their priorities can change on a seasonal or permanent basis as demand dictates; if sales in area are down they can simply place more emphasis on their other departments until it picks up again. Their staffing levels and costs are a fraction of those in a department store.
It strikes me as being a bit too late though, the shopping telly market is in decline, I think Ideal World almost went bust a few years back?
Instead of wasting time on this fool's errand, I think Argos would be better off producing a memorable advertising campaign to rival their 'Whatever You Want' and 'Argoose' campaigns. The adverts the company has been putting out since the rebrand have been invariably drab and forgettable. I read recently that electronics and video game sales are down 25% on last year. Argos needs to up its game if it wants to avoid going the way of Woolworths and HMV. A back of beyond satellite channel is not going to cut it.
Argos are a whole lot less vulnerable than either of those retailers. They have the ability to completely minimise or even discontinue whole departments as and when they become unprofitable. Their priorities can change on a seasonal or permanent basis as demand dictates; if sales in area are down they can simply place more emphasis on their other departments until it picks up again. Their staffing levels and costs are a fraction of those in a department store.
It strikes me as being a bit too late though, the shopping telly market is in decline, I think Ideal World almost went bust a few years back?