Sainsbury’s agrees deal to sell Argos for £120m

The supermarket will sell Argos for a fraction of the £1.4 billion price it paid to the chain’s previous owner Home Retail Group in 2016.

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Aug 3, 2026 - 10:01
Sainsbury’s agrees deal to sell Argos for £120m
The supermarket will sell Argos for a fraction of the £1.4 billion price it paid to the chain’s previous owner Home Retail Group in 2016.
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