Flash Report 3 minutesRegister for Free AccessMarks & Spencer Confirms Joint Venture with Ocado Coresight Research February 27, 2019 Executive Summary The UK’s Marks & Spencer (M&S) and Ocado Group have announced the creation of a 50/50 joint venture. M&S is acquiring a 50% share of Ocado’s UK retail business, for a total consideration of up to £750 million. A combined M&S-Ocado service offers M&S a way to sell online while circumventing the unfavorable economics of its typically small basket sizes. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Canada Store Openings and Closures Tracker 2024: Best Buy To Double Canada Store Count This YearUS Store Tracker Extra, April 2023: Bed Bath & Beyond Pushes Total Closed Space to 52 Million Square FeetDecode the Future of How We Shop, Eat and Play at NextGen Commerce, a Coresight Research Conference—Event PreviewUS Consumer Tracker Extra: Seasonal Shopping, 2Q23—Easter, Mother’s Day, Father’s Day and Holiday 2023
