re takeover23 Aug 2021 23:54
pyueck.You are wrong.By closing Argos stores they were able to bring the business into the Sainsburys stores.I was saying that they did not do a particularly good job in doing this ,however by doing what the have they have reduced the cost base of the business thus being able to increase profits,however as a born and bred retailer I would have done a better job but not to late to make the changes.Argos was never going to go bust and I have followed the company since the week they fist opened.When Sainsvbury bought them the then chairman was the same man who was FD of Gus who bought them in the nineties.He knew what a bargain he was getting