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Sainsbury's Announces Plans For Argos And Habitat

Published on Apr 13 2017 10:55 AM in Retail tagged: Sainsburys / Argos / Habitat

Sainsbury's Announces Plans For Argos And Habitat

UK retailer Sainsbury’s has moved rapidly to open 50 Argos Digital stores since the acquisition of Argos and Habitat seven months ago. The company has committed to opening 250 over the course of three years.

Argos also announced today that it plans to transform 60 stand-alone stores to the digital format. This will mean that over a third of the Argos store estate will become digital within a year’s time.

The seventh Mini Habitat opened today (April 13) alongside the 50th Argos Digital store at Sainsbury’s in Surrey. The retailer also announced it plans to open another ten Mini Habitats during this financial year.

“The opening of our 50th Argos Digital store just seven months after we acquired the company shows we are moving ahead at pace with our strategy [...] Over a third of the store estate will now benefit from cutting-edge digital technology that will improve the customer experience, making shopping faster and more convenient,” said Argos CEO, John Rogers.

Argos Digital stores located in Sainsbury’s supermarkets that have been open for more than a year are delivering 20% to 30% like-for-like sales growth, the company reported.

© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Gavin Ryan. Click subscribe to sign up to ESM: The European Supermarket Magazine.

 

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