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No decision yet on Argos stores
11:00am Friday 26th October 2012 in News
OXON: Catalogue retailer Argos has revealed it will close or relocate up to 75 stores over the next five years – but it is not known if those in Oxfordshire will be affected.
The business, which has stores in Oxford city centre and on Botley Road, as well as Abingdon, Witney, Didcot, Bicester, Wantage and Banbury, will launch a new digital catalogue by Christmas with circulation of the print version cut as it looks to push sales through the Internet.
But parent firm Home Retail stressed having a “strong local presence” remained important and said the stores to close had not yet been identified.
It plans to axe some of its 739 stores and move shops on to shorter leases to be able to relocate as part of a plan to use its outlets as pick-up points for online orders.