None
EN
Sainsbury’s Agrees £120 Million Argos Sale to Swift Partners
[]
DMR News
Argos will continue operating standalone stores and outlets inside Sainsbury’s supermarkets, while customers will still be able to collect Nectar points and purchase Habitat products.
Argos Stores Will Continue OperatingArgos currently operates 667 stores across the UK, including 201 standalone locations and 466 outlets inside Sainsbury’s supermarkets.
Long-term commercial agreements will allow Argos to remain inside Sainsbury’s stores following the sale.
He also said Swift Partners could consider opening more standalone Argos stores.
However, it welcomed Swift Partners’ stated commitment to retaining Argos’s standalone stores, outlets within Sainsbury’s supermarkets and local fulfilment centres.