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M&S chairman: online grocery is ‘a desert of profit’
By George Nott2025-04-02T11:57:00
‘There’s been more wealth destroyed by people trying to develop food online businesses than any other industry I can think of,’ said M&S chairman Archie Norman.
His controversial words come as Ocado Group is seeking a final £187.5m payment from M&S for its share of joint venture.
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