Sainsbury's agrees to sell Argos for £120m

Sainsbury's has agreed to sell Argos for £120m, but the retail chain will continue to operate within Sainsbury's stores. As part of the deal, Argos will maintain its existing services, including selling Habitat products. The sale will also allow Argos to continue offering Nectar points to its customers, providing a seamless shopping experience. The move is expected to have minimal impact on Argos' day-to-day operations.

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