Who owns Argos now?
Sainsbury’s
Argos/Parent organizations
Sainsbury’s, which bought Argos in 2016, said in its statement that the 120 standalone Argos stores that had not reopened since they were closed in March would now shut permanently.
What does Argos mean in Greek mythology?
Argus, byname Panoptes (Greek: “All-Seeing”), figure in Greek legend described variously as the son of Inachus, Agenor, or Arestor or as an aboriginal hero (autochthon).
What was Argos Greece known for?
Archaic Period. In ancient Greek mythology, the city gained its name from Argos (aka Argus), the son of Zeus and Niobe who reigned as the city’s king and was famous for being covered in eyes or being ‘all-seeing.
Who owned Argos before Sainsburys?
Home Retail Group
Home Retail Group
| Logo until it was acquired by Sainsbury’s | |
|---|---|
| Trade name | Home Retail Group |
| 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) |
| Website | www.homeretailgroup.com |
Why are Argos closing?
Supermarket bosses confirmed that 120 standalone Argos stores had not opened their doors since the first national coronavirus lockdown forced them to close in March. Sainsbury’s plans to axe a further 300 Argos standalone stores by March 2024 with the company “in the process of reviewing our estate”.
Does Argos own Sainsburys?
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….Argos (retailer)
| Trade name | Argos |
|---|---|
| Parent | Sainsbury’s |
| Website | argos.co.uk |
Are all Argos stores closing?
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 is Argos closing down?
How many Argos stores are closing?
Argos unveil their Christmas advert for 2020 Sainsbury’s, owners of Argos, announced yesterday it will cut some 3,500 jobs, most of which will be linked to the closure of 120 Argos stores.
