Yahoo Finance Argos stores closing: Which ones are shutting up shop?
A look at the Argos depots set to close in the coming months across the UK
British catalogue retailer Argos, which is owned by Sainsbury's, is planning to close 100 shops across the UK this year and next in a bid to move away from the high street and expand its presence in supermarkets.
In the last 12 month, 45 branches have been closed and 25 opened within Sainsbury's stores
Argos and Sainsbury's are yet to reveal all of the shops it plans to close. However, here’s a list of confirmed closures we do know about:
St Stephens Shopping Centre, Hull, closing 8 August. New branch opening in Sainsbury's Hessle on 9 August to replace it
Alexandra Retail Park, Grimsby, closing 9-10 August
Lakeside Retail Park, Scunthorpe, closing 15-16 August
Riverside, Norwich, date yet to be confirmed (tbc)
Parc Plaza, Bridgend, date tbc
Cardiff Bay, date tbc
Newport Road, Cardiff, date tbc
Maesglas, Newport, date tbc
Yahoo Finance UK contacted the Sainsbury's press office for further information. A spokesperson said in response: "We have not recently issued a press release about the closure of Argos stores, though we have been transforming Argos, including its physical footprint, since 2020. We regularly update on our progress against this, for example at our latest end of year results announcement and presentation."
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The closure of more Argos depots will impact thousands of jobs across the UK.
In February, Sainsbury's chief executive Simon Roberts said it was a "difficult" decision but the business needed to become "simpler, more efficient and more effective for customers".
Sainsbury's has been trying to integrate Argos with its wider business for several years, since it bought the business along with Habitat for £1.4bn in 2016.
In 2020, during the Covid-19 pandemic, it closed most Argos shops on the high street and moved 150 of them into its Sainsbury's stores.
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The retailer also previously said that its affected staff members would be able to explore alternative jobs within Sainsbury's and Argos.
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