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Argos was launched with thousands of staff, taking £1 million during a week in November. [9] Argos was purchased by BAT Industries in 1979 for £32 million. In 1980, Argos opened its Elizabeth Duke jewellery counter (named after a director's wife) and by 1982, was the United Kingdom's fourth-biggest jewellery retailer.
Habitat (a trading name of Argos Limited) is a brand of household furnishings in the United Kingdom and the main homewares brand within the Sainsbury's group. Founded in 1964 by Sir Terence Conran , it merged with a number of other retailers in the 1980s to create Storehouse plc , before the latter sold Habitat to the Ikano Group, owned by the ...
Tu is a British home brand fashion label from the supermarket Sainsbury's. It is the United Kingdom 's third largest online clothing retailer and the United Kingdom's sixth largest clothing retailer by volume. [1][2] Tu sells a wide range of clothing for men, women and children, with 3,000 lines sold through 400 Sainsbury's supermarkets. [3]
Home Retail Group's businesses Argos and Habitat operated in over eight hundred stores across the United Kingdom and Ireland.. The group had a 49% holding in a multi-channel general merchandise retail business in China, called HH Retail Limited, with Haier Group, one of the world's leading home appliance manufacturers, holding the remaining 51%. [15]
In November 2020, Sainsbury's stated that up to 3,500 jobs were at risk due to the closure of supermarket counters and the closure of further Argos standalone stores. [120] In March 2021, the group announced further restructuring with the loss of 1150 head office and warehousing roles.
A front office purge followed, with the firing of general manager Jim Barker on January 24, 2017. Head coach Scott Milanovich, who was facing an uncertain future with the Argos in the wake of Barker's firing, quit four days later, accepting the quarterbacks coach position for the Jacksonville Jaguars under Doug Marrone.
In June 2016, it was announced that Andy Clarke, CEO since 2010, would be replaced by Sean Clarke, the head of parent company Walmart's operations in China. [52] [53] [54] In October 2017, Asda announced that the current CEO, Sean Clarke would be replaced by Roger Burnley, the deputy CEO, from 1 January 2018, and the sixth CEO since 2000. [55] [56]
US$ 1.86 billion (2020) Owner. Brookfield Reinsurance (2023–present) Number of employees. 1,515 (2020) Website. www.argogroup.com. Argo Group International Holdings, Inc, or Argo Group (NYSE: ARGO/PA; NYSE: ARGD), is a U.S.-based underwriter of specialty insurance products in the property and casualty market. [1]