Re: Changes on the High Street
Quote:
Quote from The Sun Money: Sainsbury's has confirmed it will cut around 3,500 jobs as the second lockdown begins.
The majority of jobs will be axed from Argos stores, which Sainsbury's bought in 2016, as part of plans to immediately close 120 stores.
It is the first stages of a strategy that will see 420 standalone Argos shops permanently shut over the next three-and-a-half years.
Instead, it hopes to open 150 branches inside Sainsbury's supermarkets by March 2024, leaving just 100 separate Argos stores.
Roles will also be cut in Sainsbury’s stores, with the closure of its delicatessens and fresh fish and meat counters.
Simon Roberts, chief executive of Sainsbury's, said: "We are talking to colleagues today about where the changes we are announcing in Argos standalone stores and food counters impact their roles.
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Not really a surprise. The Argos in the town has already closed and the one near me is on the same trading estate as the Sainsbury's. Talk locally is that the deli and fish counters will be converted into the Argos collection point and the separate Argos store closed or possibly used as warehousing.
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