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 US Store Openings and Closures Tracker 2025, Week 53: Nearly 5,300 Stores Opened in 2025RetailTech: Empowering Retail’s Front Line, Creating Smarter Stores—Five Tech-Driven Strategies for Associate EnablementEnhance Shopping and Customize Care: Three Technologies Transforming the Drugstore and Pharmacy Retail LandscapeWeekly UK Store Openings and Closures Tracker 2026, Week 7: The Original Factory Shop Closes Stores