Its good news if they can remove a shopping channel,
Argos are having a re-work of the business, but really a steady close down of certain area's - my though's are that about 300 stores will go too, the high street has been hit very hard, and Argos just sat back prices increased, and quality of their own brands where questionable at times,
When GUS took over, for most of the next 4-5 years, changing things, and cutting, Staff - Product Value and Service, and profits went up and up and then crash! the profits where coming mainly from re-structuring rather than sales towards the end and in the last 2 years or so they have nothing left to cut, so now stores will go,
Argos is one of those company's who's main employee base is part time, in the mid to late 90's they employed more full time staff that new what they where doing, - Senior Sales (red Costs) as they where know, but now everything is controlled via head office, they even get told where and what to put out on display, management are only open and lock up people really now, and they are paid less, than managers of old,
Its a shame, but argos is outdated and too expensive as it is....