28th Feb 2023 15:07
(Alliance News) - J Sainsbury PLC on Tuesday revealed plans to close two Argos depots over the next three years as part an overhaul that will impact more than 1,400 jobs.
The London-based supermarket confirmed it is aiming to shut its Argos warehouse in Basildon, Essex, and a depot in Heywood, Greater Manchester, by 2026.
It said 1,400 jobs will be affected by the closure of the sites, which serve its Argos stores, including both Sainsbury's workers and those who work for Wincanton as part of an outsourced contract.
Sainsbury's also said it will close its Milton Keynes office in response to flexible working across the group, but stressed no jobs would be impacted by the decision.
However, it announced alongside the changes that its three remaining Habitat showrooms will close later this year as it plans to launch a replacement digital showroom, which will see a small number of Habitat workers affected.
Shares in Sainsbury's were down 0.6% to 269.50 pence each in London on Tuesday afternoon.
source: PA
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