Habitat (retailer)

Habitat (a trading name of Argos Limited) is a brand of household furnishings in the United Kingdom and the main homewares brand within the Sainsbury's group.

This article is about the United Kingdom home furnishings retailer. For the separate now unrelated international operations, see Groupe Habitat. For other uses, see Habitat (disambiguation).

Argos Ltd t/a Habitat
Habitat
Company typePrivate limited company
IndustryRetailer
Founded11 May 1964 (1964-05-11)
Founders
Headquarters
Milton Keynes
London
,
UK
Number of locations
3 (2021)
Area served
United Kingdom
Key people
Products
  • Furniture
  • Home accessories
  • Upholstery
ParentSainsbury's
Websitewww.habitat.co.uk

Founded in 1964 by Sir Terence Conran, it merged with a number of other retailers in the 1980s to create Storehouse plc, before the latter sold Habitat to the Ikano Group, owned by the Kamprad family, in 1992. In December 2009, Habitat was bought by Hilco, a restructuring specialist. On 24 June 2011, Habitat was put into liquidation and all but three UK Habitat stores were closed in a deal to sell the indebted furniture chain, with the brand and the three London stores sold to Home Retail Group. In September 2016, UK retailer Sainsbury's bought Home Retail Group, including Argos and Habitat, for £1.4 billion (about $1.85 billion).

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.