Sainsbury (J) PLC
SBRY: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %<C | LOCK|sH$ | LOCK|K<>>m! |
Sainsbury’s: Supermarket Chain Is Homing In on Grocery As It Plans to Sell Argos
Sainsbury’s has agreed to sell Argos, its general merchandise business, to Swift Partners. The deal is expected to close in February 2027, with full separation expected by 2029. Swift Partners is a newly formed company, established for the Argos transaction.
