Sainsbury's chief Mike Coupe has staked a lot on his audacious bid to buy Argos-owner Home Retail Group. Which is why he should not be afraid to walk away if the betting gets too rich.Having managed to convince leading shareholders that taking over Argos was a great strategic plan, he now faces a bidding battle for the group after South African retail giant Steinhoff declared it was interested and would pay much more than Sainsbury’s. And in cash to boot, rather than a mix of cash and shares.As we report this week, Sainsbury’s has so far opted to press ahead with it due diligence on Argos to assess whether it could justify paying more and so outbid the South Africans. Battle ahead: Sainsbury's chief executive Mike Coupe has staked a lot on his audacious bid to buy Argos-owner Home Retail GroupBut with scepticism among his own shareholders rife, the entrance of Steinhoff could be the chance to step away, save face and save himself from overspending. I think there is merit in the Argos plan.
Unconventional it may be but the retail sector is going through unconventional times thanks to a permanent shift to budgeting among many shoppers and, of course, the delivery and click and collect revolution.Bringing Argos into Sainsbury’s stores makes a lot of sense and using, or combining, Argos click and collect and delivery systems offers obvious opportunities. But it is not risk-free and that is why Sainsbury’s must now err on the side of caution. I suspect it cannot win a bidding battle with Steinhoff without being forced into overpaying for Argos and that is never a good way to start a major strategic plan. It is all well and good that Sainsbury’s keeps running the slide rule over Argos. Like Steinhoff they now have a month in which to table a hard offer, but if they don’t uncover some hidden gem of value in the business, they should step away gracefully. There is more than one way to skin cat and there will be other strategic opportunities.The surest signal yet that we may be reaching peak buy-to-let came last week from Lloyds, which has been quietly reining back its lending to landlords.
I have long been concerned about the pace of the buy-to-let boom in the last few years. Aside from its undesirable social effects – concentrating property ownership in fewer hands while young, would-be buyers are priced out of the market – I am uneasy about the financial risks it poses. Buy-to-let properties are more likely to be sold off quickly if and when the housing market softens, accelerating any price falls and possible losses to banks.I am not predicting a disaster, though I wouldn’t rule it out either, but I can’t help feeling that we would better off if our property market was not so prone to these wild fads and swings.The page you requested cannot be found. Here at Dreams we have a beautiful range of headboards to complement any interior, from oversized upholstered headboards to create a style statement, to minimalistic metal designs. Whether you are looking for fashion or function we have a fantastic collection to offer. Make a statement with your headboard and create a stylish centre piece for your bedroom, or opt for a luxurious headboard to lounge against;
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Click to get Deal Ends 21 September 2017 Get free standard delivery from Royal Mail on certain items. Ends 14 March 2017 Shop the home event now and see how much you can save. Click to get Code Ends 15 March 2017 Use this code and save with Argos. Email me this voucher code Ends 21 March 2017 Argos always have some great deals on offer in the tech section. Shop the baby event now and find fantastics deals on everything you need for your baby or toddler. Discover toys for all ages. Ends 22 March 2017 Save with Argos and this fantastic code. Even more 7 days available this week. Keep your floors sparkly clean with a little help from Argos. Ends 23 March 2017 Make big savings with Argos. Shop now and see what you can save with Argos. Ends 28 March 2017 Another great code with Argos. Ends 20 March 2017 Keep up those get fit resolutions with a little help from Argos. Argos always strives to make things easier for you.
Email me this discount If you purchase using vouchers/gift cards. Using a promotional/voucher code not posted and approved by TopCashback. This is for Online Purchases only, i.e. excludes "Click and Collect" orders. You will not be eligible for cashback on gift voucher purchases. Cashback not paid on reserve and collect unless specifically stated. Unfortunately, we cannot offer cashback on delivery charges. From time to time information displayed here may be out of date. Cashback rates are subject to change both up and down. Recurrences on the amount of purchases that can be made while earning cashback may be limited. Argos cashback can be earned simply by clicking through to the merchant and shopping as normal. Unless otherwise stated expect transactions for this retailer to appear within 24 hours. Transactions are usually confirmed within a month and should become payable within 30 - 60 days after the event date, unless otherwise indicated on the Avg Payment Speed Statistics.
Argos Cashback is available through TopCashback on genuine, tracked transactions completed immediately and wholly online. The vast majority of transactions from merchants track successfully, occasionally a transaction may not get reported. If you believe this to be the case, please submit a "Missing Cashback" query within 100 days of the transaction, we will be unable to chase up claims older than this. Some merchants may not be forthcoming with untracked cashback. We endeavour to chase untracked cashback but reserve the right to halt enquiries at any time. Please do not make purchase decisions based upon expected cashback as it is not guaranteed. Free delivery is available on many items, with delivery charges (if applicable) from only £5.95 Argos - Everything Under One Roof Shop online for all your favourite products, including toys, watches and furniture, and make savings with our Argos voucher codes and cashback deals. Browse the latest technology gadgets, including laptops, Blu-ray players and Kindles, or check out their range of 4K Ultra HD TVs and cameras in their online catalogue.
Update your home with a large range of sofas and dining tables, while they also stock lighting, curtains and bedding. Buy kitchen appliances, garden furniture and nursery products with these discount code deals and get home delivery, or you can reserve online and collect in one of their stores (with selected goods). If you are looking for a bargain, their clearance and price drops sections feature some great special offers and discounts which will see you save money. Shop leading brandsWhatever you are looking to buy, you will discover a wide range of products from leading brands at Argos. Search for an iPad, PlayStation 4 games console or Sony television amongst their electricals, while you can browse Bosch kitchen appliances, Morphy Richards kettles, Dyson vacuum cleaners and Stanley power tools in their home & garden section. If you are shopping for clothing, jewellery or health & beauty products, meanwhile, the retail giant offers products from the likes of Converse, Hugo Boss, Calvin Klein and Accurist.
When shopping online with our discount codes, just add the items you want to buy to your trolley and click the home delivery option to get your purchase or purchases delivered to most UK and Northern Ireland addresses.If you are buying small items, you can choose from Fast Track same day delivery or standard delivery, while Royal Mail free delivery is available on some items. For larger items, Argos offer next day and standard delivery, as well as a connect and recycle service which will see them hook up your new washing machine, dishwasher, fridge freezer or cooker and take away your old appliance. Once you have purchased good from Argos with our promotional codes or cashback offers, you will benefit from a 30-day money back guarantee. If you change your mind about what you have bought and your item is unused and in its original condition, you can exchange it or get a refund if you return it within the 30-day period along with your proof of purchase. If you collected your product in store or had a small item home delivered, you can take it to an Argos store.