Jobs at risk as Argos targets web
Wednesday 24 October 2012
Printable
EmailHundreds of workers are under threat at retailer Argos after it unveiled plans today to close up to 75 stores and focus on the web.
Owner Home Retail Group said the digital overhaul would also mean it will print fewer copies of its twice-yearly catalogue.
And it is holding the axe over 75 of its 739 shops, with some closing and others moving over the next five years.
The firm reckons it could move into shops with shorter leases and use them as pick-up points for online orders.
Argos will launch its first digital catalogue before Christmas and begin trials in January.
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