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Sainsburys agrees a deal with Home Retail (Argos)

Geoff Riley

3rd February 2016

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What are the commercial / strategic factors behind the agreed deal between Sainsburys and Home Retail? A takeover has been agreed that values Home Retail, the owner of Argos, at about £1.3bn. But why was one of the UK’s biggest supermarket groups so keen to buy a non-food retail business?

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.