Sainsbury’s completes Argos takeover

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

“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 2,000 stores and across market leading digital channels, employing 195,000 colleagues across the UK and Ireland,” said Mike Coupe, chief executive of Sainsbury’s.

And John Rogers, chief executive of Sainsbury’s Argos, said: “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.”