Sainsbury's agrees to sell Argos for £120m
Under the terms of the deal, Argos will still operate in Sainsbury's shops, sell Habitat products, and offer Nectar points.
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"strongly in Argos's future and see real opportunities to invest and build on its progress"
— Richard Pennycook , Executive
"wholly aligned with Sainsbury's grocery business"
— Clive Black , Other
"the announcement would create uncertainty, but that it welcomed Swift's commitment to keeping the model of store in stores, standalone stores and local fulfilment centres"
— Bally Auluk , Activist
Key People
Locations
All Coverage
Under the terms of the deal, Argos will still operate in Sainsbury's shops, sell Habitat products, and offer Nectar points.
Similar Stories
Related coverage based on topic and tags
Britain's M&S joins forces with Sephora to expand beauty offer - Reuters
Britain's M&S joins forces with Sephora to expand beauty offer Reuters
September 29, 2026 at 11:04 AMApple and Amazon face revived UK consumer lawsuit over product sales - Reuters
Apple and Amazon face revived UK consumer lawsuit over product sales Reuters
September 28, 2026 at 11:31 AMWalgreens-owner Sycamore nears $9 billion sale of Boots, WSJ reports - reuters.com
Walgreens-owner Sycamore nears $9 billion sale of Boots, WSJ reports reuters.com
September 30, 2026 at 08:14 PMMy hometown shows that high streets have to change or die
Aberdeen is launching an ambitious bid to revive its struggling centre. Could it offer lessons for other high streets?
September 27, 2026 at 11:05 PMAldi boss says some of rivals' loyalty discounts 'dupe' customers
Aldi is the only major supermarket chain that doesn't operate a loyalty scheme, which are hugely popular and used by millions of shoppers.
September 28, 2026 at 05:45 PMConsortium involving ex-Brazil forward Pato seals Northampton takeover
The takeover of Northampton Town by a consortium including former AC Milan and Brazil forward Alexandre Pato has been completed.
September 30, 2026 at 12:29 PM