{"id":26828,"date":"2020-11-05T20:15:19","date_gmt":"2020-11-05T12:15:19","guid":{"rendered":"https:\/\/sg.everydayonsales.com\/news\/?p=26828"},"modified":"2020-11-05T21:05:53","modified_gmt":"2020-11-05T13:05:53","slug":"sainsburys-cut-off-3500-jobs-and-close-down-80-of-argos-stores","status":"publish","type":"post","link":"https:\/\/sg.everydayonsales.com\/news\/26828\/sainsburys-cut-off-3500-jobs-and-close-down-80-of-argos-stores\/","title":{"rendered":"Sainsbury’s Cut Off 3,500 jobs and Close Down 80% Of Argos Stores"},"content":{"rendered":"

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Sainsbury’s Cut Off 3,500 jobs and Close Down 80% Of Argos Stores<\/p>\n

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The famous British Grocer Sainsbury’s has announced that they will be cutting off 3,500 jobs and close down around 420 standalone Argos stores, however, their online sales platform had nearly doubled in the six months to September but it was a pre-tax loss due to restructuring process.<\/p>\n

Currently, Sainsbury’s also plans to open larger grocery stores which will be more convenient to the neighbourhood in the next three years time. Sainsbury’s also spent around \u00a3290 million ($377 million) on COVID-19 measures, though these were partially offset by \u00a3230 million ($299 million) in business rates relief. This is due to the profit margin for online sales are very tight.<\/p>\n

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Sainsbury’s Cut Off 3,500 jobs and Close Down 80% Of Argos Stores The famous…<\/p>\n","protected":false},"author":6,"featured_media":26829,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[65],"tags":[3537],"yoast_head":"\nSainsbury's Cut Off 3,500 jobs and Close Down 80% Of Argos Stores - Singapore EverydayOnSales News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sg.everydayonsales.com\/news\/26828\/sainsburys-cut-off-3500-jobs-and-close-down-80-of-argos-stores\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sainsbury's Cut Off 3,500 jobs and Close Down 80% Of Argos Stores - Singapore EverydayOnSales News\" \/>\n<meta property=\"og:description\" content=\"Sainsbury’s Cut Off 3,500 jobs and Close Down 80% Of Argos Stores The famous…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sg.everydayonsales.com\/news\/26828\/sainsburys-cut-off-3500-jobs-and-close-down-80-of-argos-stores\/\" \/>\n<meta property=\"og:site_name\" content=\"Singapore EverydayOnSales News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/sgeverydayonsales\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-05T12:15:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-05T13:05:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2020\/11\/and-Close-Down-80-Of-Argos-Stores.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@sgeons\" \/>\n<meta name=\"twitter:site\" content=\"@sgeons\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data1\" content=\"1 minute\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/sg.everydayonsales.com\/news\/#organization\",\"name\":\"EverydayOnSales Singapore\",\"url\":\"https:\/\/sg.everydayonsales.com\/news\/\",\"sameAs\":[\"https:\/\/www.facebook.com\/sgeverydayonsales\",\"https:\/\/www.instagram.com\/sgeverydayonsales\/\",\"https:\/\/twitter.com\/sgeons\"],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/sg.everydayonsales.com\/news\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2019\/08\/SG-EverydayOnSales.jpg\",\"contentUrl\":\"https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2019\/08\/SG-EverydayOnSales.jpg\",\"width\":400,\"height\":400,\"caption\":\"EverydayOnSales Singapore\"},\"image\":{\"@id\":\"https:\/\/sg.everydayonsales.com\/news\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/sg.everydayonsales.com\/news\/#website\",\"url\":\"https:\/\/sg.everydayonsales.com\/news\/\",\"name\":\"EverydayOnSales Singapore News\",\"description\":\"Trending news for Singapore\",\"publisher\":{\"@id\":\"https:\/\/sg.everydayonsales.com\/news\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/sg.everydayonsales.com\/news\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/sg.everydayonsales.com\/news\/26828\/sainsburys-cut-off-3500-jobs-and-close-down-80-of-argos-stores\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2020\/11\/and-Close-Down-80-Of-Argos-Stores.jpg\",\"contentUrl\":\"https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2020\/11\/and-Close-Down-80-Of-Argos-Stores.jpg\",\"width\":1200,\"height\":630},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sg.everydayonsales.com\/news\/26828\/sainsburys-cut-off-3500-jobs-and-close-down-80-of-argos-stores\/#webpage\",\"url\":\"https:\/\/sg.everydayonsales.com\/news\/26828\/sainsburys-cut-off-3500-jobs-and-close-down-80-of-argos-stores\/\",\"name\":\"Sainsbury's Cut Off 3,500 jobs and Close Down 80% Of Argos Stores - 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