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Sainsbury's Sells Argos for £120m

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Sainsbury's has agreed to sell its Argos business for £120m. The deal includes all 664 Argos UK stores, which will continue to operate within Sainsbury's shops. Argos will also sell Habitat products and offer Nectar points. The supermarket giant is selling Argos for a fraction of the £1.4 billion it paid for the chain in 2016.

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33 Sources

  1. Daily Mirror avatar

    Daily Mirror

    RSS / @mirror.co.uk/rss.xml

    Sainsbury's to sell Argos business for £120million We'll be bringing y...

  2. WalesOnline avatar

    WalesOnline

    RSS / @walesonline.co.uk/rss.xml

    Sainsbury's makes major announcement on future of Argos in UK A big de...

  3. Sky News avatar

    Sky News

    X / Twitter / @SkyNews

    BREAKING: Sainsbury's agrees £120m deal to sell Argos https://t.co/fD...

  4. BBC News (UK) avatar

    BBC News (UK)

    X / Twitter / @BBCNews

    Sainsbury's to sell Argos for £120m https://t.co/cHVnG5T9dQ

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