How Argos became Sainsbury's biggest problem [Yahoo! Finance]
JD.com, Inc. - American Depositary Shares (JD)
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am
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Source: Yahoo! Finance
The thick paper tomes, which were phased out by Argos' owner Sainsbury in 2020, have since been replaced by more techy digital screens in store – a move which has cut costs but alienated some of its traditional shoppers. John, 76, shops at Sainsbury's Haringey branch in north London but says he doesn't really understand how to order off the screens – and so hasn't shopped at Argos for years. “I used to be able to just do it in the catalogue,” he says. “I'm just not very good with computers.” Ditching the catalogue is just one example of the radical changes Argos has faced since it was acquired by Sainsbury's in 2016 – as well as how once-loyal shoppers have come to snub the brand. At the time of the audacious £1bn takeover, Sainsbury's then-boss Mike Coupe was unequivocal about the benefits, saying the catalogue giant would “future-proof” the supermarket and hand it “more ability to compete”. But a decade on, the gamble looks to have floundered and Sainsbury's bosses are no
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News
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JD
Earnings
- 11/13/25 - Beat
JD
Sec Filings
- 1/8/26 - Form 6-K
- 12/31/25 - Form 144
- 12/31/25 - Form 144
- JD's page on the SEC website