When did index go out of business?

In addition to the branches and employees, Argos also acquired valuable intellectual property rights. These included the rights to Index.co.uk, the online presence of Index, and the Index brand itself. This acquisition strengthened Argos's position in the market and allowed it to leverage the Index brand's reputation.

In April 2005, the company made a significant strategic decision to discontinue operations of all Index branches. This move marked a turning point for the company's future direction.

The sale of Index branches and the transfer of employees and assets to Argos and GUS plc was a complex process that required careful planning and execution. The company worked diligently to ensure a smooth transition for all parties involved.

A substantial portion of the standalone Index branches, specifically 33 out of the total, were sold to GUS plc. This transfer of assets represented a significant portion of the Index's business and allowed GUS plc to expand its own offerings.

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