thousands of argos jobs at risk if sainsburys deal is struck /

Published at 2016-01-06 21:08:33

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Some 245 Argos shops are within half-a-mile of at least one Sainsbury’s store,meaning closures are inevitable whether takeover is agreedAs many as 245 Argos shops could close whether Sainsbury’s secures a deal to buy Home Retail Group.
Analysis f
or the Guardian by property agent Harper Dennis Hobbs shows that 245 Argos shops are within half a mile of at least one Sainsbury’s store, meaning their future will be under threat whether the supermarket chain agrees a takeover of Argoss parent company. Related: Sainsbury's £1bn tender for Home Retail Group rejected Related: Home Retail Group offer is a headache Sainsbury's doesn't need Continue reading...

Source: theguardian.com