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The Guardian - UK

Business

Jack Simpson

Ocado ‘could sue’ M&S in dispute over £190m final payment

Ocado Ocado Retail Tim Steiner

Ocado van and driver — Ocado posted a pre-tax loss of £394m for the 12 months to 3 December 2023. Photograph: PA Images/Alamy

Ocado has threatened to sue Marks & Spencer over a multimillion-pound payment linked to their online joint venture.

M&S, which owns 50% of Ocado Retail, is withholding part of the £190m final payment after their delivery tie-up failed to hit certain performance targets.

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