Who Bought Argos?

Sainsbury’s.
Home Retail Group

Logo until it was acquired by Sainsbury’s
Trade name Home Retail Group
Products Consumer goods
Number of employees (till closure)
Subsidiaries Argos (1998–16: sold Sainsbury’s) Homebase (2006–16) Homestore + More (2007-13) Habitat (2011–16: sold Sainsbury’s)

Who is Argos owned by?

Sainsbury’s supermarket
Argos Limited, trading as Argos, is a catalogue retailer operating in the United Kingdom and Ireland, acquired by Sainsbury’s supermarket chain in 2016. It was established in November 1972 and is named after the Greek city of Argos.

Why did Sainsbury’s buy Argos?

By acquiring Argos, they argued that, they would be able to grow their sales, increase their delivery networks and also be able to sell products to each other’s customers. Moreover, the supermarket said over half of Argos stores had their leases up for renewal in a five year time period.

Did Sainsburys buy Argos?

Sainsbury’s bought Argos in 2016 and at the time said the acquisition would make customers’ lives easier.

Are Currys and Argos owned by the same company?

DSG International, which owns Currys and PC World, and Home Retail Group, which owns Argos and Homebase, both reported falls in sales for the three months to January 10. DSG has reported a 10% fall in like-for-like in sales for the three months to January 10, despite a 2% increase after New Year.

What is Argos called now?

The retailer was snapped up by the retail conglomerate GUS in 1998. GUS became Home Retail Group, which still owns Argos and Homebase today, after breaking off Burberry, Experian, and the Great Universal Stores catalogue from which the group took its name.

Can I return Argos to Sainsburys?

You can return your item to a Sainsbury’s collection point, an Argos store within a Sainsbury’s supermarket or an Argos store. Please visit our store locator to find your nearest location.

Why is Argos shutting down?

Argos has made the decision to close the majority of its UK stores as a result of the coronavirus pandemic. All of Argos’ standalone stores have now shut their doors, but its stores inside Sainsbury’s supermarkets remain open.

Why are so many Argos stores closing?

Sainsbury’s confirmed that they have shared plans to open 350 more Argos stores in Sainsbury’s and Argos collection points in supermarkets and convenience stores by 2024. As a result of this, many standalone Argos stores are ‘no longer needed’ and 420 branches will be closed.

Why did Sainsburys drop Jamie Oliver?

“The decision has been made because both parties feel that it’s the right time to move on, especially as Oliver seeks to spend more time on his social projects through The Jamie Oliver Foundation both in the UK and abroad,” Sainsbury’s said.

Are all Argos stores closing?

Sainsbury’s is to cut 3,500 jobs with the closure of 420 Argos outlets and all its meat, fish and deli counters. The 420 standalone Argos stores will close by March 2024, although Sainsbury’s said it would open 150 Argos outlets in its supermarkets.

Are Argos still trading?

Click & Collect update
All Argos stores are open for the collection of pre-paid online orders. Please wear a face covering if you can when visiting store.

Is Argos doing well?

Results for the 2020 financial year
Total Argos sales rose 11.3% to £4.7bn in the year to 6 March 2021 (FY2020) bolstered during the pandemic by strong growth in home and office furniture, garden essentials and home entertainment. Like-for-like sales increased 8.1%, predominantly driven by online sales.

Are Argos and Homebase the same company?

Home Retail Group is the UK’s leading home and general merchandise retailer with pro forma annual sales of over £5.8 billion. It sells products under two distinctive and complementary retail brands, Argos and Homebase, which are both household names in the UK.

What is Currys called now?

Currys PC World
PC World (retailer)

Type Division
Defunct March 2018 in Ayr, Scotland, UK (last standalone store) October 5, 2021 (as Currys PC World – all stores to be re-branded as Currys)
Fate Merged with Currys (stores) Folded into Currys plc (brand)
Successor Currys PC World
Headquarters Acton, London, UK

Who bought Currys?

It was formed on 7 August 2014 by the merger of Dixons Retail and Carphone Warehouse Group. It is listed on the London Stock Exchange, and is a constituent of the FTSE 250 Index.
Currys plc.

Type Public limited company
Number of locations 900 stores (2021)
Area served United Kingdom Ireland Mainland Europe

Who destroyed Argos?

During the German occupation, Argos airport was frequently attacked by Allied forces. One of the raids was so large that it resulted in the bombing of the city on October 14, 1943, with the casualties of about 100 dead Argives and several casualties, and 75 of the Germans.

Can I use my Argos card at Sainsburys?

Mostly, yes – you can use your Argos Card to buy groceries, Tu Clothing, Homewares, Electronics – basically anything that’s stocked in Sainsbury’s and Sainsbury’s Local stores.

Do Argos still do Catalogues 2022?

Argos Catalogue Online
You can browse the current Argos catalogue from the 18/11/2022 and browse the new Argos sales online this week here. Even without the special promotions and deals, you will save money by shopping at Argos.

How long are Argos items guaranteed for?

If you change your mind and no longer want the product, or products, you can return it within the terms and conditions of our 30 day money back guarantee.

Do Argos sell returned items?

Argos return pallets are a selection of returned goods. They are sold at a huge discount by the pallet load. Be aware that some items may be faulty, and you won’t be able to return them. You should carefully check the description to find out which retailers it’s from, and what it contains.