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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 Argos . [ 5 ]
The Very Group Limited [1] is a multi-brand online retailer and financial services provider in the United Kingdom and Ireland. [2] Its head offices are based in the Speke area of the city of Liverpool, England. The brand was established in November 2005 as a result of the merger of the former Littlewoods and Shop Direct companies.
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British catalog retailer Argos says that it will close all of its stores in the Republic of Ireland by June, with the loss of 580 jobs, saying that the investment needed to modernize its operations in the country was "not viable". Netflix co-founder Reed Hastings steps down as co-CEO, having served in the position since its founding in 1997.
Argos, which was modelled on the format of Consumers Distributing, continues to exist in Ireland and the United Kingdom. Business model issues and attempts to address them Consumers Distributing was plagued by the perception that items were frequently out of stock due to the catalogue shopping nature of the store.
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.
In Ireland, the retail sector provides one of the largest sources of employment in the economy, representing over 12% of the workforce. [1] As of 2017, approximately 40,000 wholesale and retail businesses employed almost 280,000 people in Ireland, [2] [1] with the Department of Enterprise, Trade and Employment reporting that 90% of these businesses were Irish-owned.