M&S looks to revamp Ocado Retail after chair warns there is ‘work to do’

M&S looks to revamp Ocado Retail after chair warns there is ‘work to do’

City A.M.

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M&S is looking to revamp its joint venture with Ocado as the high street stalwart grows frustrated with the firm’s poor performance. M&S chairman, Archie Norman, told investors at the firm’s AGM last week that there was “work to do” regarding the performance of Ocado Retail. Ocado is now expected to receive 40 per cent [...]

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