Flash ReportMarks & 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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Weekly UK Store Openings and Closures Tracker 2025, Week 35: Marks & Spencer and New Look To Close StoresThree Data Points We’re Watching This Week, Week 25: Predictive Data—Looking Ahead in US RetailAnalyst Corner: Big Tech’s AI Application and Computing-Power Arms Race, with Charlie PoonWeekly UK Store Openings and Closures Tracker 2025, Week 37: Bodycare Enters Administration and Closes Stores