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Sainsbury's submitted a revised offer of £1.3 billion on 2 February 2016, with a deadline of 23 February to make a firm bid. [14] Steinhoff International submitted a rival bid of £1.4 billion on 19 February. [15] Steinhoff abandoned its bid on 18 March 2016, while Sainsbury's submitted a formal bid of £1.4 billion. [16]
On 5 November 2020, Sainsbury's announced that it would close 420 Argos standalone outlets by March 2024, leaving about 100; together with other measures, 3,500 Sainsbury's jobs were to be cut and £600 million saved. During 2020, 120 standalone Argos stores in the UK permanently closed.
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Nectar is a loyalty card scheme in the United Kingdom run by Nectar 360 Limited, [2] [1] company wholly owned by Sainsbury's. The scheme is the largest in the United Kingdom, and comprises a number of partner companies including Sainsbury's, Esso, Argos and British Airways. It launched in 2002 with initially four partner companies, and by 2010 ...
After a four-month pursuit, in April 2016 Home Retail Group agreed to be taken over by Sainsbury's for £1.4 billion. Sainsbury's completed the acquisition in September 2016. [104] [105] The deal included catalogue chain Argos and furnishing retailer Habitat. As a result, the new Sainsbury's group was organised into four divisions: the core ...
Sir Peter John Davis (born 23 December 1941) is a British businessman, who was, from 2000 to 2004, the CEO of J Sainsbury plc, which operates the UK supermarket chain Sainsbury's. Davis was born in Cheshire [1] on 23 December 1941, the son of John Stephen Davis and Adriaantje de Baat. [2] He was educated at Shrewsbury School. [2]
Lewisham (/ ˈ l uː ɪ ʃ əm / ⓘ LOO-ish-əm) is an area of southeast London, England, six miles (ten kilometres) south of Charing Cross.It is the principal area of the London Borough of Lewisham, and was within the historic county of Kent until 1889.
The centre is the major shopping centre in the London Borough of Lewisham. Also part of the complex is the Lewisham House office tower, formerly occupied by Citibank. [2] There are proposals to convert this building to flats. [3] The centre is located in Lewisham town centre and was built over the former streets Rhyme Road and Romer Avenue. [4]