Marks & Spencer establishes joint venture with Ocado

Marks & Spencer establishes joint venture with Ocado

Marks and Spencer Group Plc (M&S) has announced the completion of its acquisition of half of Ocado Retail Ltd, the dedicated online grocery retailer. This marks the start of M&S’s 50/50 Joint Venture (JV) with Ocado Group Plc, comprising Ocado’s UK grocery...