Argos Treated Like an 'Unloved Child' by Sainsbury's

Argos treated like an 'unloved child' by Sainsbury's

Argos “is not performing to the best of its ability” and the strategy of its owner, FTSE 100 giant Sainsbury’s, has left it like an “unloved child”, according to an analyst. The future of Argos was thrust into the headlines after Sainsbury’s confirmed in September that it was in discussions to sell the retailer to Chinese e-commerce giant JD.com. However, a day later, Sainsbury’s terminated the talks with JD.com. Since then huge losses have been…

Argos reports huge losses - what's gone wrong at the retail giant and can it ever return to its former glory?

Proper news from Britain - News from Britain you won’t find anywhere else. Not the tosh the big media force-feed you every day![unable to retrieve full-text content]Argos' most recent full-year results showed it had slumped to a loss and slashed thousands of jobs - we ask experts what's gone wrong at the retail giant.