More customers than ever choose Sainsbury's but Argos losses drag on profits

sainsbury's

Sales at Sainsbury’s jumped 17% to £16.3bn in the first half thanks to the acquisition of Argos, but losses at the catalogue retailer, keeping prices down and the national living wage all dragged down the supermarket’s profits.

 

Already have an account? Sign in here

You’ve used up your article allowance

Sign up to read more stories for free

Register now