19 May 2024, 02:41
By Furniture News Sept 05, 2016

Sainsbury's completes Home Retail Group acquisition

Sainsbury's has completed its acquisition of Home Retail Group, the owner of Argos and Habitat.

Mike Coupe, chief executive of Sainsbury’s, says: “We are delighted our acquisition of Home Retail Group is now complete. The combination of Sainsbury’s and Home Retail Group creates one of the UK’s largest food and non–food retailers, offering customers over 90,000 products in over 2000 stores and across market-leading digital channels, employing 195,000 colleagues across the UK and Ireland."

John Rogers, chief executive of Sainsbury’s Argos, adds: “The way people shop is changing – customers expect choice, convenience, flexibility, fast delivery and to shop whenever and wherever they want. I am excited about leading the newly-formed Sainsburys Argos management team. Our customers will benefit from great quality products and services and fast delivery networks, so whether customers want home delivery, Click & Collect or to visit our stores, we will make it easy and convenient for them.”

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