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Old 30-04-2018, 20:15   #54
pip08456
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Re: Sainsbury's and Asda in talks about £10bn grocery merger

Quote:
Originally Posted by 1andrew1 View Post
The upbeat Mike Coupe of Sainsbury's said today that Argos had grown its outlets under Sainsbury's ownership - up from about 760 to over 850. Argos is an example of a company that has adapted well to the online onslaught and should benefit from the demise of Toys'R'Us in the UK. But as others have said, if there's a nearby Sainsbury store, Argos will relocate into it once its lease expires. Makes good sense to me.
They'll also be being incorporated into ASDA stores.
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