Integration Of Advanced Technology On The Overall...

Integration of Advanced Technology in Argos’ Operations 1. Introduction The purpose of this paper is to examine and analyse the impacts of technological system on the overall operations of Argos. Argos, which is the part of the home retail is categorised as the market leader in the general and home merchandise market. The company is famous for delivering the high quality consumer goods to the market. Recently, Argos has integrated advanced technological tools, in order to bring more improvements in the retailing operations. It has been recognised that the adoption of innovative technologies have played an inevitable role in improving the day-to-day operations as well as the overall performance of the retailer (Argos, 2014, p. 2). The†¦show more content†¦However, in the year 1998, the company was purchased by GUS PLC; afterward, it became the part of the Home Retail Group in 2006, when GUS PLC got close. In the year 2016, the parent company of Argos, i.e., Home Retail Group has agreed to a  £1.4 billion acquisition by Sainsbury’s, which is the second largest retailer of the UK. It has been anticipated that the acquisition will be completed by the third quarter of 2016. It is significant to bring into the notice that Sainsbury’s is aimed at closing the separate Argos stores, so as to include them into its supermarkets. It is observed that Argos is the best known and the most reputable retail brand of the UK that offers a unique blend of convenience, value, and choice to the customers. All of these features have also played an inevitable and indispensable role in making Argos, a famous general merchandise retailer of the UK. It has been recognised that the leading retailing company provides customers with the list of approximately 18,000 product lines that can be accessible across all delivery channels. By reinvesting supply chain and buying efficiencies in lower product prices, Argos commits to deliver utmost value to the consumers and to improve its profitability. During the financial year of 2012, the total sale of Argos was found to be around  £3.9 billion (Home Retail Group, 2014, p. 6). 2.1 Products and Services Offered by Argos Argos is famous for being one of the leading digital retailers of the UnitedShow MoreRelatedA Critical Evaluation of Multi-Channel Retailing in the Uk Today2994 Words   |  12 PagesMulti-Channel Retailer 13 3.2 The right Channel for the right Company 14 3.1 The Target Customer 17 4.0 Conclusion 18 5.0 Referencing 19 5.1 Bibliography 20 1.0 The current multi-channel environment A report by the Information Technology consultancy company Chateris recently cited the most popular four retail channels in the UK (See Figure 1, below). 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