Aisha Buhari, wife of Nigerian President Muhammadu Buhari has revealed why she’s been away for some months. In a statement released by her Special Assistant Media Olabisi Olumide-Ajayi, Aisha Buhari said she took the long vacation to be with her children. Mrs. Buhari said she […]
For almost 20 years it has been a familiar sight on the streets of Middle England – an Ocado van bearing home deliveries of Waitrose groceries.
But soon those same vehicles might instead be carrying goods for Marks & Spencer, which is planning to launch its own £1 billion food delivery service and is in top secret talks with Ocado.
If the deal is successful, M&S would buy key distribution centres, delivery vans and lorries from the online food retailer.
The Mail on Sunday understands that talks between top executives at the two companies have been conducted over the past few weeks.
The talks are the latest twist in M&S chairman Archie Norman’s strategy to turn around the £11 billion retail giant’s fortunes.
A City source said: ‘Archie Norman needs something transformational to make his mark at M&S and he is running out of time.
Ocado – whose contract with Waitrose runs until the end of September 2020 – was launched by three ex-Goldman Sachs bankers as an online-only supermarket in 2000.