Sainsbury's is in talks to sell Argos to a retail giant dubbed as 'China's answer to Amazon'. The supermarket chain, who snapped up Argos in a £1.1billion deal less than a decade ago, has announced ...

SAINSBURY’S has agreed to sell Argos to Swift Partners as part of a £120million deal. For now, Argos will continue to trade as normal from its standalone stores and locations in Sainsbury’s ...

Trio set up Swift Partners for the acquisition, allowing supermarket to focus on core food business ...

Argos has been hit by poor consumer confidence - David Burton/Alamy One of China’s biggest retailers has launched an audacious swoop for Argos as owner Sainsbury’s looks to offload the struggling ...

Swift Partners, led by former Co-op boss Richard Pennycook, bought Argos from Sainsbury's for £120m and hopes to turn around ...