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Sainsbury’s NEWS

Sainsbury's sells Argos credit cards portfolio to NewDay Group

November 1, 2024 by Angela Beevers
Sainsbury’s is selling its Argos Financial Services cards portfolio to NewDay Group as part of its strategy to focus on its core retail business. With the... View Article View Article
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ABOUT Sainsbury’s

Sainsbury’s sells Argos credit cards portfolio to NewDay Group

J Sainsbury is one of the UK’s leading food, merchandise and clothing retailers which aims to offer good quality products at competitive prices.

Sainsbury’s Company Profile

J Sainsbury is one of the UK’s leading food, merchandise and clothing retailers which aims to offer good quality products at competitive prices. The first Sainsbury's store was opened by John James Sainsbury in 1869 on Drury Lane in London. Having served British customers for over 150 years, the company is now a staple of the retail sector and has 1,400 stores around the UK. Sainsbury’s holds around a 16% market share of the supermarket sector, making it the second largest to Tesco in the country. The company acquired Argos in 2016. Argos is a leading digital retailer and the third most visited retail website in the UK. The partnership allows customers who buy products through Argos to conveniently collect their orders at hundreds of Sainsbury’s stores nationwide.   In addition to Argos, Habitat, Tu, Nectar and Sainbury’s Bank are part of the wider Sainsbury’s Group and all hold similar values to the supermarket's stores. Products and services
  • In store supermarket shopping and online deliveries 
  • Fresh produce
  • Meat, poultry and seafood
  • Refrigerated and Frozen food
  • Household essentials
  • Health and Beauty products
  • Bakeries, Deli counters, Butchers, Fishmongers
  • Cafe’s
  • Sainsbury’s Bank
  • Sainsbury’s Energy

COMPANY INFORMATION

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