The UK supermarket previously indicated it was exploring a deal to ‘accelerate Argos’ transformation’
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The UK supermarket previously indicated it was exploring a deal to ‘accelerate Argos’ transformation’
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Supermarket giant Sainsbury’s has confirmed it has ceased discussions with Chinese e-commerce firm JD.com over a potential sale of its Argos chain.
UK’s Sainsbury’s ends talks to sell Argos to China’s JD.com
Argos sale collapses after Sainsbury’s ends talks with Chinese buyer
Chinese retail giant plots swoop for Argos
Sainsbury’s in talks to sell Argos to China’s JD.com
Sainsbury’s ends Argos sale talks with China’s JD.com
Ocado suffers £400m slump as US supermarket questions warehouse tie-up
Sainsbury’s, which has focused more on food since 2020, had on Friday said it was in talks with JD.com for the sale of the retail…
Supermarket terminates discussions with JD.com just 24 hours after possible takeover announced
Beijing-based JD.com is in advanced talks with the retailer’s parent company, Sainsbury’s
Supermarket says sale of the general merchandise retailer will accelerate its ‘transformation’
UK supermarket chain says revised terms would not serve shareholders or staff
The supermarket giant had £3.8 billion in net debt at the end of 2024
