Sainsbury chief calls for rate cuts to kick-start consumer spending as Argos sales slump
![Sainsbury chief calls for rate cuts to kick-start consumer spending as Argos sales slump](https://i.dailymail.co.uk/1s/2024/07/02/21/86846709-0-image-m-4_1719950761816.jpg)
Hesitancy from shoppers to spend on non-essentials contributed to a 6.2% fall in sales at Argos in the 16 weeks to June 22 compared to last year.
Hesitancy from shoppers to spend on non-essentials contributed to a 6.2% fall in sales at Argos in the 16 weeks to June 22 compared to last year.