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During 2020, 120 standalone Argos stores in the UK permanently closed. These measures were reported to be due to changing consumer habits and the growth of online shopping. [19] On 24 June 2023, Argos ceased its operations in Ireland. [22] [23] [24] [25]
Home Retail Group plc was a British retail company established on 10 October 2006, following the spin-off of Argos Retail Group (ARG) from GUS plc. It was listed on the London Stock Exchange (LSE). The group primarily comprised two retailers: Argos and Homebase , as well as in-house brands such as Chad Valley and Habitat .
Habitat (a trading name of Argos Limited) is a brand of household furnishings in the United Kingdom and the main homewares brand within the Sainsbury's group.. Founded in 1964 by Sir Terence Conran, it merged with a number of other retailers in the 1980s to create Storehouse plc, before the latter sold Habitat to the Ikano Group, owned by the Kamprad family, in 1992.
In September 2016, the British supermarket chain Sainsbury's completed its acquisition of Home Retail Group, [14] bringing Argos, along with the Alba and Bush brands, under its ownership. In 2022 the Bush brand replaced the Alba brand, enabling Sainsbury's to have one main own brand electronics brand.
The home shopping/catalogues business of Argos and Homebase owner, GUS plc, ARG Equation (which included Great Universal, Kays, Choice and Marshall Ward) was de-merged and bought by the Barclay brothers in 2003, where it became Shop Direct. [citation needed]
£1049.00 at argos.co.uk Meanwhile, Argos is now listing a SIM-free iPhone Pro 15 Max in its 256GB edition for the retailer's lowest price to date at £1,049 . That price is being matched by John ...
Index was a catalogue retailer in the United Kingdom, that was owned by Littlewoods from 1985 until 2005. Many Index stores were attached to Littlewoods stores. It was a well known retailer in the 1980s and the 1990s, but sales declined in the noughties and it lost many customers to its main rival, Argos.
The company acquired Argos in 1998 in a hostile takeover bid [127] [19] and the UK's second largest online retailer at the time, Jungle.com, in 2000 for £37 million. [ 128 ] Argos Retail Group (2000–2006)
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