In a move to a predominantly online based service Argos is set to close or relocate 75 stores over the next five years.

The move comes as like-for-like sales growth increased by 0.6 percent over April to September.

Parent company the Home Retail Group said: “Stores and catalogues will remain important, but their roles will be adapted in order to support a digital offer."

Chief executive of Home Retail Terry Duddy, said: "Market conditions remain fragile and hence we will continue to plan cautiously, however we are in good operational shape as we approach our peak trading period".