Argos treated like an ‘unloved child’ by Sainsbury’s Retail 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 [...]
Sainsbury’s FTSE 100 shares highest since 2014 after Argos talks Retail Shares in FTSE 100 supermarket giant Sainsbury’s have surged to their highest value in more than a decade after it held brief talks to sell Argos to Chinese e-commerce giant JD.com. Sainsbury’s share price has jumped by almost five per cent in early trades this morning to 322p. The value is the company’s highest its [...]
Chinese retail giant in talks to buy Argos Business UK supermarket group Sainsbury’s has confirmed that it is in discussions for a potential sale of struggling retail chain Argos to a leading Chinese e-commerce giant. Retailer JD.com is looking to buy Argos, as it seeks to position itself in the UK market. The bid comes following JD.com’s failure to purchase electrical retailer Currys last [...]
Former JD.com boss found to be still leading e-commerce giant from London August 4, 2024 The founder of the Chinese e-commerce giant JD.com, Richard Liu, has been silently leading the company from London despite stepping down in 2022.
Evri: Chinese online retailer JD.com emerges as potential bidder for £2bn parcel delivery giant July 3, 2024 British parcel delivery company Evri could be the target of Chinese online retailer JD.com, according to reports.
Chinese shopping giant JD pulls out of Currys takeover race March 15, 2024 Chinese online shopping giant JD.com has pulled out of the race to acquire Currys, just one week after another potential suitor pulled out of the race.