Ocado's Joint Venture With M&S 'Off To A Good Start', But Challenges Remain
Published on Sep 16 2020 8:38 AM in Retail tagged: Featured Post / Ocado / Marks & Spencer / GlobalData / Paywall / AJ Bell
Ocado's joint venture with Marks & Spencer has 'got off to a good start', in the eyes of leading retail analysts, however the business still has work to do given rival retailers' significant investment in e-commerce services.
Yesterday, Ocado reported a 52% increase in revenue at its Ocado Retail arm in the third quarter, compared to 27.2% growth in the first half overall.
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