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In March 2006, Argos carried out a trial of a new catalogue branded Argos Home in over 100 stores in the United Kingdom. This proved successful, and on 5 August 2006, it launched the second Argos Home catalogue, this time in all 200 Argos Extra stores. The catalogue only contained home furniture and styling tips for the current season.
GUS plc acquired Argos in April 1998, and combined it with its mail order business to form Argos Retail Group (ARG) in June 2000. [4] It went on to acquire Homebase for £900 million in November 2002, bringing it into ARG. [5] In June 2005, GUS bought thirty three stores of Index, which were subsequently converted to the format of Argos. [6]
In 2001, Argos started a clothing catalogue called Argos Additions, however they sold the brand to Shop Direct Group in 2004. In 2021, Argos ceased production of its printed catalogue, but an electronic catalogue can be browsed in-store as well as online.
With the demise of the Woolworths Group in January 2009, [16] Shop Direct purchased rights to children's clothing brand Ladybird along with the Woolworths trade name from the administrators. [17] [18] The takeover of the Woolworths brand by Shop Direct was announced on 2 February 2009, [19] and the new online retailer began trading on 25 June ...
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 1997, Great Universal Stores appointed Rose Marie Bravo as the new CEO of Burberry given the task of improving the company, which had been hit by the Asian crisis. [126] The company acquired Argos in 1998 in a hostile takeover bid [127] [19] and the UK's second largest online retailer at the time, Jungle.com, in 2000 for £37 million. [128]