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British supermarket titan Sainsbury’s is currently exploring a potential sale of Argos, the general merchandise retailer it acquired for £1.1 billion (about $1.5 billion) back in 2016. The discussions involve Chinese e-commerce behemoth JD.com, hinting at a…
Sainsbury’s management appeared unphased after emerging as the underperforming grocer of the UK top four this quarter. Should investors be worried? In the short term, Sainsbury’s may struggle, but they have solid long term prospects. Margins have dropped to…
John Lewis fashion sales rose a tremendous 7.2 per cent over Christmas – eclipsing the UK department store’s rivals, even robust performances by Debenhams, M&S and House of Fraser. Own brand collections continued to strengthen throughout 2016, with the…
Only the very bravest of investor should consider retaining BHS in its current dilapidated state. But if such a buyer cannot be found, and a BHS breakup ensues, with the store estate sold to other retailers, Marks & Spencer and Debenhams would be the main…
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