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: Weekly US and UK Store Openings and Closures Tracker 2024, Week 9: Macy’s Announces Store Opening and Closure PlansUS CPG Sales Tracker: CPG E-Commerce Registers Highest Growth Rate Since August 2022Metaverse Pioneers: Learnings for Fashion Brands from the Web 3.0 Strategies of Adidas and NIKEGroceryshop 2023 Wrap-Up: Exploring the Top Five Themes Driving Grocery Retail Innovation
