NEWS

Argos to open ten stores in Sainsbury’s

Published on: 2nd February 2015

Argos is set to open ten new stores in existing Sainsbury’s supermarkets by the summer. The location of the ten new-format stores is yet to be confirmed.argos-WORDPRESS

Shoppers will be able to either buy items in store via tablets or reserve them online before they go to the supermarket and collect them. Over 20,000 items can be bought instantly and a further 20,000 will be available for home delivery.

John Walden, chief executive of Argos parent company Home Retail Group, said: “Our new distribution model allows us to provide customers in any Argos location with a choice of around 20,000 lines within hours, regardless of the size or stocking capacity of the store.”

He added: “This strategic capability has opened up options for a variety of new Argos stores and formats, and the possibility that we can now cost-effectively reach more customers and neighbourhoods with an Argos presence.”

Sainsbury’s revealed in November that around 25% of space across its stores was redundant and that it is seeking to find new uses for the excess space. Mike Coupe, chief executive of Sainsbury’s, said: “These ten Argos stores will bring something new and different to our customers, and fit well with our strategy of making our supermarkets more convenient.”

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