British supermarket chain Sainsbury's to place Argos in every store
Britain’s No.2 supermarket group Sainsbury's (SBRY.L) aims to have an Argos presence in every one of its British stores, its chief executive said on Tuesday.
Sainsbury's completed a 1.4 billion pound takeover of Argos and Habitat owner Home Retail early last month, looking to accelerate growth with the creation of Britain's largest general merchandise retail business and a vastly expanded online offering.
"Over time we'd envisage that there won't be a single Sainsbury's -- with the exception of some very small convenience shops -- where you won't either be able to see an Argos... read more
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