Argos a 'thorn in Sainsbury's side' - will the retailer finally be sold? - News Summed Up

Argos a 'thorn in Sainsbury's side' - will the retailer finally be sold?


By comparison, Argos sales slipped by 1 per cent and by 2.2 per cent in the crucial festive period. As Sainsbury's gears up for another year of fierce competition with discounters Lidl and Aldi, could Argos prove too much of a distraction? Argos is becoming a thorn in Sainsbury's side after poor Christmas sales, say analystsWhy is Argos struggling? While it grew its market share in homewares, electricals and toys, there was 'subdued' spending on higher ticket items like furniture and a weak gaming market. 'Without the clothing and general merchandise contributions including Argos, investors would have been singing from the rooftop about Sainsbury's Christmas performance.


Source: Daily Mail January 09, 2026 19:48 UTC



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