Argos (retailer)

Argos Limited
FormerlyArgos Distributors Limited (1972–1999)[1]
Company typeSubsidiary
IndustryRetail
Founded13 November 1972; 51 years ago (1972-11-13)
FounderRichard Tompkins
HeadquartersMilton Keynes, Buckinghamshire, England
Number of locations
709 (2023)[2]
Area served
  • United Kingdom
Key people
Simon Roberts (CEO)
ProductsConsumer goods
RevenueDecrease £4.1 billion(2016)[3]
Decrease £83.1 million (2016)[3]
OwnerSainsbury's
Number of employees
29,768(2016)[3]
ParentArgos Holdings Limited[4]
Websiteargos.co.uk

Argos Limited is a British retailer operating in the United Kingdom online and through catalogues, and formerly in Ireland; it was acquired by Sainsbury's supermarket chain in 2016. It was established in November 1972 and is named after the Greek city of Argos.[5] The company trades both through physical shops and online, with 29 million yearly shop customers, and nearly a billion online visitors per annum.[6] It has also franchised overseas to countries such as China.[7][8]

  1. ^ "ARGOS LIMITED overview - Find and update company information - GOV.UK". Companies House. 13 November 1972. Retrieved 3 August 2023.
  2. ^ "Sainsbury's 2022 Annual Report" (PDF). sainsbury's. 9 June 2023. Archived from the original (PDF) on 16 April 2024. Retrieved 16 April 2024.
  3. ^ a b c "Annual Report and Financial Statements 2016" (PDF). Home Retail Group. Archived from the original (PDF) on 9 August 2017. Retrieved 8 August 2017.
  4. ^ "Argos Limited persons with significant control - Find and update company information - Gov.uk". Companies House. 1 September 2016. Retrieved 21 August 2024.
  5. ^ Ruddick, Graham (5 January 2016). "The Argos story: from Green Shield Stamps via Tesco and now Sainsbury's?". The Guardian. Retrieved 12 October 2024.
  6. ^ "About Argos". Sainsbury's. Retrieved 8 August 2017.
  7. ^ Cripps, Peter (22 October 2011). "Argos turns to China to boost sales". The Independent. Retrieved 21 February 2021.
  8. ^ Leroux, Marcus (26 February 2013). "Argos closes the book on China venture". The Times. ISSN 0140-0460. Retrieved 21 February 2021.