Marks and Spencer is in talks to buy distribution centres, delivery vans and lorries from Ocado as it ramps up its food delivery service plans, the Mail on Sunday reports.

A City source said: “Archie Norman needs something transformational to make his mark at M&S and he is running out of time. The deal on the table is effectively buying the Waitrose part of the Ocado business and replacing it with M&S products.”

if Ocado decides to go ahead with the deal, it would allow the online retailer to focus on selling its technology to supermarkets in other countries.

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