M&S to close 30 more shops as Ocado deal pays off
The store chain has reported big losses for last year as the pandemic took its toll on clothing sales. …
Food sales were up 7%, clothing sales down by one third, with sales in High Street and city centre outlets sharply down. One of the new online ventures, a joint venture with Ocado, is proving a success. One quarter of every Ocado delivery is now M&S products, and the partnership contributed £78m of profit.
About The Author
