5/31/11

The web grows 18.3% for Home Retail Group in 2010

Mobile commerce accounted for about 1% of sales for Argos.

Mark Brohan , Research Director

The web was the only channel that grew in 2010 for Home Retail Group, one of the largest home and general merchandise chain retailers based in the United Kingdom.

Home Retail, which operates the Argos and Homebase store chains and is No. 6 in the Internet Retailer Top 300 Europe, in its recently released annual report recorded:

Internet Retailer calculates the web accounted for 36.3% of total sales in 2010 compared with 29.9% in 2009.

The web remains the company’s growth channel, says CEO Terry Duddy. “We have developed highly successful Internet and mobile channels to meet customer demand,” says Duddy.

Home Retail says heavy visitor traffic to Argos.co.uk and Homebase.co.uk and a growing mobile commerce program contributed to higher e-commerce sales.

In 2010: 

Topics:

annual e-commerce sales, Argos, Home Retail Group, Homebase, Terry Duddy, Top 300 Europe

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