Sainsbury's
Department Stores, Shopping Centers & Superstores · United Kingdom · 10K+ Employees
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Overview
Headquarters
33 Holborn, London, Greater London, EC1N...Phone Number
+44 2076956000Website
www.sainsburys.co.ukRevenue
$45.8 BillionStock Symbol
JSAIYIndustry
About Sainsbury's
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Sainsbury's News & Media
Sainsbury's sells Argos to Swift Partners for $161M a decade after $1.8B deal
Peter Dazeley/Getty Images British supermarket chain Sainsbury’s has sold general merchandise retailer Argos at a heavy loss, less than a year after talks to offload the group to JD.com collapsed. The deal will see Argos transferred to Swift Partners, and Sainsbury’s anticipates cash proceeds of at least £120 million (about $161 million), including a £70 million upfront payment and £50 million in deferred consideration over three years. The sale marks a steep reversal from theJ Sainsbury plc (JSAIY) Shareholder/Analyst Call Transcript
J Sainsbury plc (JSAIY) Shareholder/Analyst Call July 31, 2026 4:30 AM EDTCompany ParticipantsSimon Roberts - CEO, Director & Chairman of Operating...Sainsbury'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.Sainsbury's tech and data chief to steer future of ISBA - DecisionMarketing
Sainsbury's tech and data chief to steer future of ISBA. Mark Given has been a Council member for six years and will now become chair
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Frequently Asked Questions Regarding Sainsbury's
Established in 1869 and based in Holburn, United Kingdom, Sainsbury's is supermarket chain with locations across the United Kingdom. The company offers a range of products and services including food, general merchandise, clothing and financial services.... Read More