Argos has been hit by poor consumer confidence - David Burton/Alamy One of China’s biggest retailers has launched an audacious swoop for Argos as owner Sainsbury’s looks to offload the struggling chain. Sainsbury’s confirmed that it was in talks to sell Argos to Beijing-headquartered JD.com following a report in The Telegraph. Sainsbury’s has controlled Britain’s biggest seller of general goods for nearly a decade. The grocer said a sale of the business to JD.com “would accelerate Argos’ transformation ...