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

m-and-s_ocado_joint_venture-2-
Tim Steiner (left) and Steve Rowe (right)
By

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 ...

Daily News from £12 / mo  ·  includes Daily News
Subscriber Access

This is a Daily News Story

For uninterrupted access, sign in, subscribe or upgrade to The Daily News. For as little as £12 / month (£100/year), we can get you into the room where the big decisions are made.

Forgot?

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Marks & Spencer Merger Mania Ocado