GUS (retailer) - Operations

Operations

The company had two main divisions:

  • ARG – The Argos Retail Group, now demerged to be Home Retail Group, which consisted of several subdivisions, including
    • Argos (previously an independent company, once owned by British American Tobacco) – the UK's largest catalogue retailer
    • Homebase (formerly owned and founded by J Sainsbury) – a DIY (home improvement) retailer
    • ARG Financial Services – provider of store card services, such as the Argos Card and Argos insurance products.
  • Experian – a credit reporting agency

In the year ended 31 March 2005, GUS had sales of £7.8 billion and profits (before goodwill, exceptional items and taxation) of £910 million.

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