What: M&S has launched a new partnership with CommerceHub to expand its product selection with a unified marketplace.

Why it is important: The partnership is unlocking new possibilities for the retailer as they aim to hit GBP 1 billion in third party sales.

CommerceHub is one of the world's largest commerce networks and provider of software solutions connecting supply, demand, and delivery for retailers and brand globally.

M&S will be utilizing the network’s Commerce Suite, which will enable the business to quickly expand assortment, boost customer engagement and loyalty, and attract new customers while maintaining profitability with more agile and flexible merchandising and fulfillment.

The partnership will allow Marks & Spencer to offer more products to customers without the need for additional, owned inventory and increases the ability of the retailer to respond quickly to changes in customer demand.

M&S unveils new partnership to help it seamlessly reshape as an omnichannel retailer