THE owners of the Argos retail store in Abergavenny have denied suggestions that the store is one of the 75 branches that will close as the Home Retail Group overhaul of the chain.

A spokeswoman for the group said that each store would be assessed as and when it came up for lease renewal.

She added "We are committed to national and local spread of stores. We can not at this stage give details of individual stores which may be affected by this because it will depend on lease negotiations at the time."

Argos currently has some 700 stores around the UK and as part of the company's five-year transformation plan they will be focusing on internet sales in an effort to rejuvenate the business.