Argos group 'employs 50,000 people'

Argos and Homebase are both owned by the Home Retail Group.

Its website says the company:

  • Employs 50,000 people
  • Operates 1,089 Argos and Homebase stores in the UK and Ireland
  • Sells a range of 71,000 products
  • Makes 193 million customer transactions every year

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75 Argos stores closure threat

Argos is to close or relocate 75 stores across the UK over the next five years under plans to "reinvent" the business in online retail. The firm's parent company reported a 37% fall in half-yearly pre-tax profits.