M&S chair ‘unhappy’ with Ocado Retail as reset underway
Retail Gazette
JULY 9, 2023
The high-street stalwart had been due to pay the etailer £191m in 2023, the final instalment of the £750m Ocado Retail joint venture deal agreed in 2019, but that figure is expected now to be about £70m less. Last month Ocado revealed it had slashed price of over 100 everyday food essentials as it looks to increase its value offer.
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