Sainsbury's has blamed “very competitive” trading conditions, and warned of continuing uncertainty because of the weak pound – as it revealed falling supermarket sales.
But sales at Argos – which Sainsbury's bought last year as part of its £1.4bn purchase of Home Retail Group – have improved.
Ian King spoke to I went to see John Rogers, Sainsbury's former finance director who became Argos chief executive following the acquisition in September.
