JD.com Terms Unfavorable for Argos Sale
JD.com's revised terms were rejected by Sainsbury's.
Argos purchased for £1.1 billion in 2016.
Argos is Britain's second-largest retail chain.
Sainsbury's plans to expand Argos' offerings and online features.
Target is £1 billion retail profit by 2025-2026.
2 days ago