“Stellar performance” for Argos Fast Track
Presenting Sainsbury’s first quarter (Q1) results, Group Chief Executive Mike Coupe said that Argos Fast Track had turned in a “stellar performance”. In announcing the results yesterday (4 July), Coupe was upbeat about the group’s online business as a whole – and Argos in particular.
“Groceries Online sales grew by 8% and Convenience delivered strong growth of 10%, in line with our strategy of being there for customers whenever and wherever they want to shop,” said Coupe.
“General Merchandise and Clothing, including Argos, outperformed the market, with Fast Track delivery and collection seeing a stellar performance during the quarter, particularly during the period of warm weather when customers wanted to buy and receive their products the same day. Argos customers are increasingly choosing to shop with us online, consistent with our objective of being a leading digital retailer.”
Putting some figures to the “stellar performance”, Coupe said that Fast Track delivery was up 36% and collection was up 64%.
Coupe added that Sainsbury’s now has 212 digital collection points in its supermarkets, where customers can collect DPD, eBay and Tu clothing, 142 of which are enabled for Argos orders. In addition, Sainsbury’s is trialling six collection points in convenience stores.
