Home Retail Group's half year results statement warned:
"It is likely that Argos will close or relocate at least 75 stores as their leases come to an end over the next five years."
More top news
Pro-Leave campaigner Boris Johnson has responded in a politely worded letter to Jean-Claude Juncker's invitation to "come back to Brussels".
The Friends star had reportedly not seen her mother for several years following a feud - but reconnected with her shortly before she died.
A deal is believed to have been reached with official confirmation likely on Friday.