The famed movie mogul George Lucas has signed a £700m deal to turn the Spring/Summer 2017 Argos catalogue into a movie trilogy.

It has also been confirmed that Disney will be involved in the project, with the US giant retaining all merchandising and possible theme park rights to the franchise.

Speaking at a press conference in Hollywood, Lucas said that the latest version of the retail book had ‘simply moved him to tears.’

He added: ‘I always read the latest edition of the book, and in previous years I remember feeling distinctly underwhelmed – all of that changed when my people sent the latest copy over a few weeks ago.’

‘From the adventures of Elizabeth Duke to the plethora of Breville toasters, it seems that there are an infinite number of angles and directions in which the storyline could go – there is far too much for a single movie.’

‘Although I cannot give too much away at the moment, I can 100% confirm that the final scenes will revolve around a long list of storecard terms and conditions.’

Mr Lucas was asked if there was the potential for a prequel in line with similar movie franchises.

He said: ‘We are already in preliminary discussions about making ‘Greenshield,’ but I can’t really say anything else at the present time.’

The production team have also been very tight-lipped about casting, but a source within Variety Magazine told our Chief Reporter that Liam Neeson is hotly tipped to take a cameo role as the guy who just leans over the counter and takes his bastard kettle for himself.