LONDON (Reuters) - British supermarket group Sainsbury's is in talks with Chinese e-commerce giant JD.com about selling the Argos general merchandise retailer it bought for 1.1 billion pounds ($1.5 ...
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Sainsbury's in talks to sell Argos to Chinese giant
Sainsbury’s is looking to sell Argos to China’s version of Amazon. Britain’s second-largest supermarket has revealed it is in talks with Jingdong, which trades as JD.com. The group acquired Argos for ...
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FTSE 100 Live 15 September: Centrica and Sainsbury’s shares rally, AO World boosts outlook
Sainsbury’s shares have surged after the supermarket disclosed talks to sell Argos to Chinese e-commerce giant JD.com. The shares of British Gas owner Centrica are also in demand, boosted by plans to ...
Argos has raided Marks & Spencer to poach Adam Archer who will take up the newly created role of head of commercial transformation. He will be responsible for “bringing to life the strategic vision ...
The supermarket said JD.com’s terms and commitments were ‘not in the best interests’ of Sainsbury’s shareholders and staff. Sign up for the top news stories every day to keep you informed with what's ...
Britain’s second-largest grocer J Sainsbury Plc is in talks to sell its general merchandise unit Argos to Chinese e-commerce firm JD.com Inc. “A transaction with JD.com would accelerate Argos’ ...
The supermarket said JD.com’s terms and commitments were ‘not in the best interests’ of Sainsbury’s shareholders and staff. Did you know with a Plus subscription to Shropshire Star you get full access ...
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