Argos will reportedly close 100 of its standalone High Street stores by March next year.
While Argos, which is owned by Sainsbury’s, recorded a five per cent uptick in sales in its recent financials, stores will continue to close as part of its strategy to relocate outlets into kiosks within Sainsbury’s stores.
“The transformation of our Argos store and distribution network is continuing at pace, improving availability, convenience and service for customers,” an Argos spokesperson told MailOnline.
They continued: “As part of this, we are we are opening new Argos stores in many of our Sainsbury's supermarkets, enabling customers to purchase thousands of technology, home and toy products from Argos while picking up their groceries.”
The retailer said its overall plan is to have up to 460 standalone stores and between 450 to 500 Argos collection points inside Sainsbury's supermarkets in operation by March 2024.
Supplying demand: how fashion retailers can meet the needs of customers and still be sustainable
The fashion industry is no stranger to breaking the mould and setting trends, but the pursuit of style can come at a huge cost to the environment.
New legislation, such as the European Union's Ecodesign for Sustainable Products Regulation, will set mandatory minimums for the inclusion of recycled fibres in textiles, making them longer-lasting and easier to repair.
New legislation, such as the European Union's Ecodesign for Sustainable Products Regulation, will set mandatory minimums for the inclusion of recycled fibres in textiles, making them longer-lasting and easier to repair.
The Very Group
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