ArgosArgos is a major UK online retailer, part of Sainsbury's Visit website
Argos is a major online retailer from the United Kingdom, which originated as a catalogue merchant. Since 2016, Argos is a subsidiary of supermarket chain Sainsbury’s.
The company was founded in 1972 by Richard Tompkins. He also founded the Green Shield Stamps sales promotion scheme. After some time, Tompkins allowed consumers to buy gifts from the Green Shield catalogue with cash instead of stamps and soon these stores were rebranded as Argos.
Multiple different owners
In 1979, Argos was acquired by British American Tobacco, but eleven years later, the retail chain was demerged from BAT Industries. In 1998, Argos was purchased by GUS. This also didn’t last long, because GAS split into two separate businesses in 2006: Experian and Home Retail Group. Argos became part of the latter, which agreed to a takeover by Sainsbury’s in 2016.
As of 2018, Asos claims to have 29 million store customers and nearly a billion online visitors every year. The retailer also offers more than 60,000 products online and in-store.
Active in: The United Kingdom
Branches: Beauty & Health, Electronics, Entertainment & Media, Fashion, Home, Pets & Garden, Office & School, Toys, Kids & Baby
Founder(s): Richard Tompkins
Company size: 1000
Revenue: 2.65 billion euros (2018)