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The axe is likely to fall on office jobs as Sainsbury's and Argos teams are integrated following the takeover. Skip to main content. 24/7 Help. For premium support please call: 800-290 ...
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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.
Argos — is a catalogue retailer with a chain of shops and an online store. Established in 1972, its headquarters is in Milton Keynes, Buckinghamshire. Its parent company is Sainsbury's. Its 2016 revenue was £4.1 billion and its 2016 operating income was £83.1 million. Aria Films — is a film production, finance, and consultancy company ...
Argos - general household merchandise, toys; Asda - grocery, general merchandise; B&Q - hardware, home improvement materials; Currys - electronics, white goods; DFS - furniture; Halfords - auto parts and accessories; Matalan - clothing; Morrisons - grocery, general merchandise; Sainsbury's - grocery, general merchandise
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 ]
Sales at Sainsbury's fell by 0.7% over the crucial Christmas trading period, dragged down by a slump at Argos.
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