New Argos owner Sainsbury’s has announced the opening of its new flagship store in Nine Elms, as it begins its rollout of both Argos and Habitat concessions.
The new 61,000sq ft store in Nine Elms, Vauxhall, South West London has been designed as ‘the supermarket of the future’ and houses the first of its Mini Habitat stores, as well as an Argos concession, with further plans to launch either an Argos concession or click and collect point in every Sainsbury’s outlet across the UK.
Following the groups £1.4bn takeover of Argos and Habitat owner Home Retail Group earlier this year, Sainsbury’s has accelerated plans to introduce the two brand concessions, whilst also confirming that it plans to relocate existing Argos stores within its store network.
To bolster its retail operations, Sainsbury’s has also confirmed the appointment of Simon Roberts as its new retail & operations director, who will officially join the group by July 2017.
Mike Coupe, Sainsbury’s CEO, said: “We’re delighted to open our new store in Nine Elms and show our customers our vision for the supermarket of the future. There is certainly a trend toward shopping in convenience stores and online, but supermarkets still take more than £1 for every £2 spent on groceries in the UK and will continue to do so for the foreseeable future.
“Customers can also buy or order from Argos’s extensive range at home and then collect their Argos purchases - and even their eBay orders - in the store. Nine Elms is also the first Sainsbury’s store to have a Mini Habitat concession and four more will be opening in Sainsbury’s stores over the next few months.”