Ocado sales jump after expanding Marks & Spencer range - latest updates

Ocado has posted a rise in sales after expanding the number of Marks & Spencer products it sells, in a sign the retailer’s joint venture with M&S is beginning to bear fruit. The online supermarket said that revenues were up 10.9pc to £609m over the 13 weeks to November 26, after record sales over the Christmas period. It comes as the company bolstered the number of M&S products it sells on its website in a bid to ease tensions with its joint venture partner over performance. Ocado shares surged 5.4pc in early trading to take it to the top of the FTSE 100. Ocado Retail now stocks around 90pc of M&S’ total product range, after adding…