Sainsbury's sales drop but Argos improves
March 16, 2017
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3:22Now PlayingSainsbury's sales drop but Argos improves
YouTube Description
as posted by the channelSainsbury's has blamed "very competitive" trading conditions, and warned of continuing uncertainty because of the weak pound - as it revealed falling supermarket sales.
But sales at Argos - which Sainsbury's bought last year as part of its £1.4bn purchase of Home Retail Group - have improved.
Ian King spoke to I went to see John Rogers, Sainsbury's former finance director who became Argos chief executive following the acquisition in September.
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