ARGOS is set to close even more branches this month as 100 of its shops face the chop.
The popular retailer has already closed a number of its UK stores as part of its plan to move away from the high street.
Argos, which is owned by Sainsbury's, will close 100 stores across the UK in 2023/24 and focus on expanding its presence in supermarkets.
It has already shut 45 branches in the last 12 months and opened 25 branches inside Sainsbury's stores.
And now, the homeware retailer is set to close its branch at Morfa Shopping Park in Swansea, which will close on August 22, according to local news reports.
The closest Argos will then be at Sainsbury's in Quay Parade in Swansea city centre.
READ MORE IN MONEY
Argos shoppers rush to buy summer essential scanning at tills for just £1.50
Nectar card customers can get up to £37 free in points at Argos this weekend
But this branch isn't the only one shutting for the final time this month.
Grimsby Alexandria Argos is due to relocate to Sainsbury's on August 9 and 10.
And Scunthorpe Argos is due to relocate on August 15 and 16.
The retailer will also be closing its store in St Stephen's shopping centre in Hull on August 8.
Most read in Money
McDonald’s is making a major menu change TODAY & fast food fans will love it
House prices fall at fastest rate in 14 years — dropping 3.8%
Big rule change coming to Tesco checkouts TODAY – & it’s good news for shoppers
Little-known loophole that could see you lose child benefit
A new branch in Sainsbury's Hessle will open the following day on August 9.
Meanwhile the Riverside store in Norwich and the Parc Plaza branch in Bridgend are also set to close in August but no date has been confirmed as yet.
Here is the full list of Argos store closures planned for August.
- – St Stephen's Shopping Centre, Hull (August 8)
- – Grimsby (August 9/10)
- – Scunthorpe (August 15/16)
- – Riverside, Norwich (August)
- – Parc Plaza, Bridgend (August)
- – Cardiff Bay (August)
- – Newport Road, Cardiff (August)
What other stores have closed already?
This year alone the retailer shut stores in the following locations:
It also closed all of its 34 stores in the Republic of Ireland on June 24.
The full list of stores that closed down in Ireland are:
- Ashbourne Retail Park
- Athlone Argos
- Blanchardstown West End Argos
- Carlow Argos
- Castlebar Argos
- Cavan Argos
- Clonmel Argos
- Cork Mahon Argos
- Cork Retail Park Argos
- Drogheda Argos
- Dun Laoghaire Argos
- Dundalk Retail Park Argos
- Dundrum Argos
- Galway Argos
- Ilac Centre (Dublin) Argos
- Kilkenny Argos
- Killarney Argos
- Letterkenny Argos
- Liffey Valley Argos
- Limerick Childers Road Argos
- Longford Argos
- Monaghan Argos
- Naas Argos
- Navan Argos
- Omni Park (Dublin) Argos
- Portlaoise Argos
- Rathfarnham Nutgrove Argos
- Sligo Argos 4146
- St. Stephens Green (Dublin)
- Tallaght Argos
- Tralee Argos
- Tullamore Argos
- Waterford Argos
- Wexford Argos
The company blamed the closure of the Republic of Ireland stores on the investment required to develop and modernise the Irish part of its business as "not viable".
By March 2024, Sainsbury's expects to have 160 standalone stores and between 430 and 460 Argos counters inside Sainsbury's supermarkets.
It follows a particularly tumultuous time for UK high streets with several popular chains including M&Co and Paperchase closing all stores in 2023.
Read More on The Sun
I’m a laundry expert – how to remove sun cream stains and why it’s SO hard
Big Brother legend Lisa Appleton now working as an Amazon delivery driver
Retailers have been feeling the pinch since the pandemic while shoppers are cutting back on spending due to soaring inflation.
High energy costs and a shift to shopping online after the pandemic are also taking a toll and many high street shops have struggled to keep going.
Do you have a money problem that needs sorting? Get in touch by emailing [email protected].
You can also join our new Sun Money Facebook group to share stories and tips and engage with the consumer team and other group members.
Source: Read Full Article