M&S and Ocado form JV for home grocery deliveries, but Waitrose will compete

Tim Steiner (left) and Steve Rowe (right)

27/02/2019

UK e-commerce logistics provider Ocado and supermarket Marks & Spencer have announced a joint-venture operation which, they said, would “transform online grocery shopping for UK consumers”.

M&S will buy a 50% stake in Ocado’s UK retail business for £750m, and the JV is expected to launch ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.

Current subscriber

New subscriber