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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.
As supermarkets are allowed to remain open as 'essential shops' Sainsbury's has kept Argos concessions within stores open, but workers are concerned about the health risks.
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]
Argos still operate as a 'click and collect' branch inside the Vicarage Street Sainsbury's supermarket. [ 14 ] [ 15 ] [ 16 ] In October 2010 the main post office for the town relocated from the outside of the centre to an internal shop.
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Sales at Sainsbury's fell by 0.7% over the crucial Christmas trading period, dragged down by a slump at Argos. Skip to main content. News. Need help? Call us! 800-290-4726. Login / Join ...
The south part of the centre was re-developed in 2005 downsizing the Sainsbury's Savacentre to a regular Sainsbury's which made space for other units. Argos was moved into Sainsbury's in 2018. [citation needed] The centre has a bus station at the north end of the mall connecting it to suburban areas of Leeds and to the city centre. The centre ...
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