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The Guardian World News · Jul 31, 2026 9:47 AM EDT Consumer

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 businessSainsbury’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 was selling the catalogue shopping business to a trio of retail veterans, a decade after buying the company for more than £1bn. Continue reading...

Sainsbury’s to sell Argos to three retail veterans in £120m deal
Image The Guardian World News

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