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Sainsbury's also plans to open 110 new convenience stores despite the closures in a cost-cutting drive.
The supermarket giant aims to shut its Argos warehouse in Basildon, Essex, and a depot in Heywood, Greater Manchester, by 2026. More than 1,400 jobs affected as Sainsbury’s closes two depots ...
Since Sainsbury's acquired Argos, more and more standalone stores have been moved into a nearby Sainsbury's store. On 25 September 2019, Sainsbury's announced that over 50 Argos stores would be closing or relocating in order to cut costs. Stores also began to feature digital computers as well as printed catalogues to save costs.
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]
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.
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Bells Stores: Bought by Sainsbury's in 2004, branded as Sainsbury's at Bells before being converted to Sainsbury's Local [36] Small chain of 54 convenience shops in the North East England: Botterils Convenience Shops: c.1950s Bought by Scotmid in 2010. [37] Small chain of 51 convenience shops in Scotland: Central Shops 2013 Conviviality Retail ...