Sainsbury’s CFO to take over at Argos owner Home Retail
Supermarket targets Argos to create UK’s largest general merchandise business
Supermarket targets Argos to create UK’s largest general merchandise business
Improvement despite takeover by Sainsbury’s and poor weather
Deal expected to complete in third quarter of year assuming no intervention by authority
Total sales at Argos rise 1.9 per cent to £515 million in the eight weeks to February 27
Analysts expect the group to post full-year pretax profit of £127 million
Strong demand for seasonal products and electrical items help keeps Argos on target
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