Sainsbury’s to sell Argos to three retail veterans in £120m deal
Trio set up Swift Partners for the acquisition, allowing supermarket to focus on core food business Sainsbury’s has agreed to sell the Argos retail chain for £120m to allow it to concentrate on its core food business. Th
Sainsbury’s to sell Argos to three retail veterans in £120m deal is one of the latest updates being tracked by Novexa News from The Guardian Business. Trio set up Swift Partners for the acquisition, allowing supermarket to focus on core food business Sainsbury’s has agreed to sell the Argos retail chain for £120m to allow it to concentrate on its core food business. The supermarket announced on Friday it
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Source: The Guardian Business via theguardian.com - https://www.theguardian.com/business/2026/jul/31/sainsburys-to-sell-argos-to-three-retail-veterans
Image credit: Photo by Leeloo The First on Pexels - https://www.pexels.com/photo/smartphone-displaying-a-stock-market-chart-lying-on-documents-next-to-a-laptop-on-the-desk-7887850/
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