Forum Topic

M&S Joint Venture With Ocado?

I do hope this comes off! Shares in both Ocado and Marks and Spencer (M&S) have risen sharply following confirmation of talks on a joint venture.Both companies released statements to the City moments after the Evening Standard newspaper reported that a deal was imminent.Ocado said: "Following media speculation, Ocado Group plc confirms that it is in discussions with Marks and Spencer Group Plc regarding a joint venture in UK retail."There is no certainty that these discussions will result in any agreement or as to the timing of any such agreement."http://news.sky.com/story/ms-and-ocado-shares-leap-on-joint-venture-talks-11648694

Sue Hammond ● 2815d3 Comments

I don’t use Ocado, but I hope this goes through, if it helps M&S.  I wish we could get a small M&S food hall back in Putney, so that we can pick up purchases through Click&Collect.  I used Fulham, but that has closed too, so I’ve been going to Southfields, Clapham Junction or Kingston.

Martine Guy ● 2815d

There's also a food store in Wimbledon's Centre Court, and a larger store with clothes in George St Richmond.I just don't buy from M&S any more and was annoyed this morning when a bunch of those x% off vouchers arrived. Expiry date March 4. Not that much time.

Elizabeth Balsom ● 2815d

If you live near a 22 bus stop the Kings Road M and S is convenient because the bus stop is right outside and there is also underground parking. I am surprised that M and S want to go In for online delivery because they claimed that one of the reasons for their poor performance was that people are doing their shopping online and not visiting the stores. I agree that and M and S food store inn Putney would be a real bonus for the high street.

Jane Carter ● 2815d