Catalogue retailer Argos mulling expansion with Rahejas in India

Argos_logoUK-based, catalogue retailer, Argos, one of the Britain’s most successful, trusted and respected retail chains, owned by Home Retail Group, is looking at India as a possible future market, according to Finance Director, Richard Ashton, who was speaking to reporters in London on Wednesday, reports Reuters.

Founded in 1973, Argos sells – online and over telephone – a range of over 8000 top quality, branded products comprising general merchandise and home products, including furniture, electricals, toys, and leisure, from over 670 stores throughout Britain and Ireland, serving over 130 million customers annually.

“India is a possible area we’d consider in the future. We’re not active there, but we’re keeping an eye on it,” he added.

Founded in 1973, Argos sells – online and over telephone – general merchandise and home products from over 670 stores throughout Britain and Ireland, serving over 130 million customers annually.

Retail Week, a trade magazine, had reported last week that Argos could soon do a joint venture deal with Raheja owned Shoppers’ Stop/ HyperCity for its operations.

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