UK supermarket group Sainsbury’s has confirmed that it is in discussions for a potential sale of struggling retail chain Argos to a leading Chinese e-commerce giant. Retailer JD.com is looking to buy ...

Britain’s second-largest grocer J Sainsbury Plc is in talks to sell its general merchandise unit Argos to Chinese e-commerce firm JD.com Inc. “A transaction with JD.com would accelerate Argos’ ...