75 Argos stores closure threat

Argos is to close or relocate 75 stores across the UK over the next five years under plans to "reinvent" the business in online retail. The firm's parent company reported a 37% fall in half-yearly pre-tax profits.

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Argos has 'no plans' to phase out hard-copy catalogue

Argos said its hard-copy catalogues will continue to be printed twice a year.

An Argos spokeswoman told ITV News that the company has "no plans" to phase out its famous hard-copy catalogue in the "foreseeable future".

Confusion is likely to have arisen after the retailer's half year results statement said its transformation plans included "repositioning Argos as a digitally-led business from a catalogue-led business."

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