Given that In January of this year the owner of Argos, Home Retail Group, announced its second profit downgrade in three months due to poor Christmas trading, why are both Sainsbury’s so keen to get their hands on the Argos operation? (At the time of publication, a £1.2bn deal has just been announced). The answer lies in its dominant e-commerce performance and the opportunity that this presents anyone looking to compete with an edge over the next 10 years.
A catalogue of errors or this season’s must have? Why Sainsbury's wanted Argos
James Hammersley compares the ecommerce performance of the companies in the headlines against their key competitors and benchmarks them to find the real winners & losers.
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