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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]
Argos Limited is a British retailer operating in the United Kingdom online and through catalogues, and formerly in Ireland; it was acquired by Sainsbury's supermarket chain in 2016. It was established in November 1972 and is named after the Greek city of Argos . [ 5 ]
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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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 ...
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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 ]
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 ...