Does Home Retail Group still exist?
Home Retail Group plc was a home and general merchandise retailer based in the United Kingdom….Home Retail Group.
Logo until it was acquired by Sainsbury’s | |
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Trade name | Home Retail Group |
Predecessor | GUS |
Founded | 10 October 2006 |
Defunct | 2 September 2016 |
Who are Home Retail Group services?
Home Retail Group is the UK’s leading home and general merchandise retailer with pro forma annual sales of over £5.8 billion. It sells products under two distinctive and complementary retail brands, Argos and Homebase, which are both household names in the UK.
What happened to Home Retail Group?
J Sainsbury plc today announces that is has successfully completed its acquisition of Home Retail Group plc – the owner of Argos and Habitat. Mike Coupe, Chief Executive of Sainsbury’s, said: “We are delighted our acquisition of Home Retail Group is now complete.
Did Argos buy habitat?
The company behind Argos and Homebase has bought the Habitat brand in the UK and its three flagship stores in London for £24.5m. The rest of the loss-making UK chain, owned by retail restructuring specialist Hilco, has been put into administration.
Who owns Habitat now?
Sainsbury’s
Home Retail Group
Habitat/Parent organizations
Habitat is the main homewares and furnishings brand within the Sainsbury’s group. It is part of the Sainsbury’s Argos business which runs general merchandise and clothing operations including Habitat, Argos, Sainsbury’s Home products and Tu clothing.
Who is the owner of Argos?
Argos/Parent organizations
Argos Limited, trading as Argos, is a catalogue retailer operating in the United Kingdom and Ireland, acquired by Sainsbury’s supermarket chain in 2016.
Who owns Homebase?
Hilco Capital
Homebase Card Handling Services Limited
Homebase/Parent organizations
Does IKEA own Habitat?
Habitat was bought by Ikea in 1992, but although the Swedish furniture giant was enjoying massive growth with its own shops, it struggled with Habitat. Dixon, who lasted 10 years as Habitat’s design director, brought in a new generation of designers and products.
Is Habitat part of Sainsburys?
Sainsbury’s relaunched Habitat in both its supermarkets and online last week as part of a brand overhaul. The new Habitat range will be offering more affordable homeware. Habitat’s integration into the Sainsbury’s group comes at a convenient time for the grocer as people took more trips to supermarkets.