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Sainsbury's rejected JD.com's revised bid for Argos, citing poor terms. Argos's value has plunged from £1.4bn in 2016 to £344m, but Sainsbury's keeps it central to its long-term strategy.

As part of the statement yesterday, the retailer said: “Sainsbury’s is committed to delivering the strongest and most successful future for Argos customers and colleagues and our ‘More Argos, more ...

The future of a major high street brand launched in the 1970s is in the spotlight after a takeover approach for it was rejected, with one investment analyst declaring “the firing gun has effectively ...

Sainsbury's has quit talks to sell Argos to Chinese retail giant JD.com, the supermarket group confirmed just a day after revealing the talks.

Sainsbury’s has ended talks with Chinese retailer JD.com over a potential sale of its Argos business after revised conditions were deemed unacceptable.

Supermarket giant Sainsbury's has ended talks it had been conducting about the potential sale of general merchandise retailer Argos. The business had been in talks with Chinese business JD.com Inc ...

Sainsbury's has ended discussions with Chinese retail giant JD.com over the sale of Argos only a day after rumors of the deal came to light.

LONDON (Reuters) - British supermarket group Sainsbury's is in talks regarding a potential sale of its Argos general merchandise business to Chinese e-commerce giant JD.com, it said on Saturday. "No ...

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 billion) in 2016.