No, this ISN'T a takeover bid, or even a merger, as such ... ... not yet, anyway.
However, the supermarket chain is planning to open some 250 Argos outlets within its stores across the UK.
www.bbc.co.uk/news/business-39587222 ...
No, this ISN'T a takeover bid, or even a merger, as such ... ... not yet, anyway.
However, the supermarket chain is planning to open some 250 Argos outlets within its stores across the UK.
www.bbc.co.uk/news/business-39587222 ...
Whereas, by comparison, here in Perth, we've a fairly sizeable Argos store at one end of the High Street ... while, at the other - a mere couple of hundred yards away on the opposite side - there's a [very much] smaller branch of Sainsbury's.
Arthur,
Sainsbury's purchased Argos last year...
Now, IMO, *Sainsbury's tends to be rather pricey. ... at least more so than its competitors.
OK, ... unlike Argos, from which hardware ranging from a needle to an anchor can presently be bought, either by means of a catalogue or online, the *former deal [MAINLY] in foodstuffs.
But my fear is, that the latter, as a store within a store, might "up the cost" of its commodities in line with those of the LARGER store, whose premises it'll subsequently occupy.
As I don't tend to purchase items from either of them it's fine by me....
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