M&S targets doubling of food business after Ocado deal

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M&S targets doubling of food business after Ocado deal
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British retailer Marks & Spencer is targeting a doubling of its 6 billion pound ...

FILE PHOTO: A Marks and Spencer logo is seen on an advertisement outside of a store in London, Britain, May 23, 2018. REUTERS/Toby Melville

In February M&S purchased a 50% share of Ocado’s UK retail business for an initial 562.5 million pounds, providing M&S with a home-delivery service from September 2020 at the latest.

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