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Argos was launched with thousands of staff, taking £1 million during a week in November. [10] Argos was purchased by BAT Industries in 1979 for £32 million. In 1980, Argos opened its Elizabeth Duke jewellery counter (named after a director's wife) and by 1982, was the United Kingdom's fourth-biggest jewellery retailer.
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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. In April 2007, the ...
The original company became defunct in 1962 when it merged with Murphy Radio, but the Bush brand name survives as a private label brand for budget electronics, [1] [3] becoming the most popular brand in the UK for smaller-size TVs in the 1990s [4] and has since also become popular for products such as smart TVs, tablets and white goods as of 2015.
Nectar is a loyalty card scheme in the United Kingdom run by Nectar 360 Limited, [2] [1] company wholly owned by Sainsbury's.The scheme is the largest in the United Kingdom, and comprises a number of partner companies including Sainsbury's, Esso, Argos and British Airways.
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)
On 24 June 2011 Hilco, which had owned Habitat UK Ltd since December 2009, announced that it was putting the company into administration. [14] Home Retail Group (owner of Argos and Homebase) purchased the Habitat brand, three central London stores in Tottenham Court Road, King's Road and Finchley Road and the UK website for £24.5 million. [15]
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