Sainsbury's agrees £120m deal to sell Argos
3 sources·Updated July 31, 2026
Sainsbury's Argos sale
Covered by 3 sources
- Guardian Business·1h agoSainsbury’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. The supermarket announced on Friday it was selling the…
Read at Guardian Business → - BBC Business·3h agoSainsbury'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.
Read at BBC Business → - Sky News Home·4h agoSainsbury's agrees £120m deal to sell Argos
Sainsbury's has revealed it is selling Argos under a "business as usual" deal that will allow the company to concentrate on its core supermarket business.
Read at Sky News Home →
