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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 ...
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.
Since the 2016 Sainsbury's takeover, Argos Collection points have been installed inside smaller Sainsbury's supermarkets unable to accommodate a full in-store concession, and inside some Sainsbury's Local convenience stores, with 317 locations as of May 2019. [citation needed]
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Under the terms of the agreement with Sainsbury's to acquire Home Retail Group, for each Home Retail Group share, shareholders received 0.321 new Sainsbury’s shares and 55p per share. As a result of the sale of Homebase, they also received 25p per share, plus the year's dividend as a final dividend payment. [22]
The holding company, J Sainsbury plc, is split into three divisions: Sainsbury's Supermarkets Ltd (including convenience shops), Sainsbury's Bank, and Argos. As of 2021, the largest overall shareholder is the sovereign wealth fund of Qatar , the Qatar Investment Authority , which holds around 15% of the company. [ 6 ]
Sainsbury’s added that the quarter included a 7.1% increase over the latest six weeks amid a strong Christmas performance. It told shareholders that profits for the year are now expected to be ...
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.