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Argos Limited is a British retailer operating in the United Kingdom online and through catalogues, and formerly in Ireland; it was acquired by Sainsbury's supermarket chain in 2016. It was established in November 1972 and is named after the Greek city of Argos . [ 5 ]
The company started out as Universal Stores, a mail order business created by the Rose family. [3] In 1931, Isaac Wolfson joined the mail order company and would, through a series of takeovers, turn it into a retail, manufacturing and financial conglomerate, [4] [5] becoming Europe's biggest mail order firm [6] and with over 2,700 physical ...
GUS plc acquired Argos in April 1998, and combined it with its mail order business to form Argos Retail Group (ARG) in June 2000. [4] It went on to acquire Homebase for £900 million in November 2002, bringing it into ARG. [5] In June 2005, GUS bought thirty three stores of Index, which were subsequently converted to the format of Argos. [6]
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In 2001, Argos started a clothing catalogue called Argos Additions, however they sold the brand to Shop Direct Group in 2004. In 2021, Argos ceased production of its printed catalogue, but an electronic catalogue can be browsed in-store as well as online.