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Argos to close all Irish operations
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Argos to close all Irish operations

On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

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Argos has announced that it will shut all of its 34 stores in the Republic of Ireland at the end of June in 2023.

The company, owned by Sainsbury’s, has said its operations in Northern Ireland, or the rest of the UK, will not be affected by the decision. It will result in the loss of 580 jobs across its stores.

As part of the decision, customers in Ireland will no longer be able to pay for orders via the Argos website or place orders via its home delivery service after 22 March.

In a statement, Argos said it “arrived at the decision to leave Ireland following a long period of careful consideration and a thorough review of its business and operations in the country. Argos concluded the investment required to develop and modernise the Irish part of its business was not viable and that the money would be better invested in other parts of its business”.

Andy McClelland, Argos Ireland operations manager, said: “As with any major change to our business, we have not made this decision lightly and we are doing everything we can to support those impacted.”

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