Argos’s digital progress to be revealed

In recent years Argos has refreshed its store formats and beefed up its multi-channel offer. Analysts at Barclays said the chain’s “best in class” click and collect capability has transformed the large store portfolio into a competitive advantage.

Apart from Argos, which has 734 stores, Home Retail also owns DIY chain Homebase, which operates 323 shops.

Home Retail, led by chief executive John Walden, made the improvements because it said customers increasingly wanted local product collection and appreciate face-to-face customer service.

Barclays believes the pick up in the housing market will continue to support both Argos and Homebase.