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Sainsbury’s looks to boost online business

Tony Shiret, senior analyst in food and retail at Haitong in London, spoke to CNBC this morning on Sainsbury’s Home Retail acquisition

In an exclusive video interview, Tony Shiret provided his insight and perspectives on this annoucement.

Sainsbury’s agreed to buy Home Retail for £1.3 billion, however Tony Shiret, senior analyst in food and retail at Haitong, explains why it will be a “poor deal” for Sainsbury.

Interview is available to watch here