Marks & Spencer news

17 January 2023
M&S have announced that they are to open 20 new ‘bigger and better’ stores by April 2024. This follows strong Christmas results that were reported last week . Eight of the new stores will be full-line stores selling M&S clothing home and food ranges with the remaining 12 taking the M&S Foodhall format. Five of the eight full-line sites will be relocations of existing stores, with M&S takin...
16 January 2023
Last week M&S launched Magic Coffee™. Bringing the famous Australian coffee to the UK for the first time, M&S is hoping to launch the next biggest trend to hit the UK coffee market since the Flat White.   What is Magic Coffee™? Magic Coffee™ originated in Melbourne, Australia, and gets its name from possessing an apparent ‘magic’ coffee-to-milk ratio. Magic Coffee™ uses ristretto rather ...
12 January 2023
M&S has posted its Q3 trading update, stating that UK food like-for-like sales were up by 6.3%, while clothing and home LFLs progressed by 8.6%, the total UK LFL amounting to +7.2%. Food doing well Food sales increased 10.2% with LFL sales up 6.3%, building on a strong Christmas performance reported in 2021. M&S said it outperformed the market in both value and volume as it invested in qual...
11 January 2023
January heralds a fresh start on healthier living, with one in five of us aiming to make New Year’s resolutions in 2023, according to YouGov. Improving our diets, losing weight and exercising are amongst the most common goals. Short but valuable window of opportunity This is a valuable window of opportunity for retailers and brands to encourage and support consumer behaviour changes. The ...
13 December 2022
M&S announces the introduction of EV charge points and customers' feedback on the latest Sparks campaign. M&S and BP Pulse to bring EV charging to customers BP Pulse is set to introduce high-speed electric vehicle (EV) charge points at around 70 M&S stores over the next two years, with pilot sites already open at M&S Maidstone Eclipse and Southgate.  BP and M&S have a long-standing relat...
09 November 2022
As part of its total H1 results update, M&S highlighted the continued progress it was making with its Foods business. Total sales at M&S Food rose 5.6% to £3.3 bn in the first half, for the 26 weeks ending 1 October, with the pace of growth slowing slightly in Q2, when it stood at 4.5%, versus 6.6% in Q1. Rise in footfall and transactions offset by fall in basket value… M&S Food’s growth wa...
09 November 2022
We round-up the latest Christmas adverts from the UK’s grocery retailers. The common theme for 2022 sees the adverts focus on how retailers are looking to help people spread festive cheer in the face of the cost-of-living crisis. Tesco: budget-friendly Christmas Tesco’s Christmas campaign acknowledges the cost-of-living crisis as it spotlights its budget-friendly range and value-led prom...
03 November 2022
One of Marks & Spencer’s strategic priorities is to provide trusted value for shoppers. The retailer has recently invested £200m into value across food, clothing and home and continues to grow its value ‘Remarksable’ range. To prove to its customers its commitment to supporting them with rising living costs, M&S Food is extending its price lock through to the new year. Price lock extended on...
26 October 2022
Marks & Spencer continues to surprise and delight its shoppers with its new fresh food counters at its London Colney store. The counters launched this week and are already attracting lots of shopper attention and engagement. London Colney is one of Mark & Spencer’s renewal stores, showcasing the retailer’s latest thinking and providing convenience and inspiration for shoppers. Variety of cu...
24 October 2022
Marks & Spencer is set to boost its Ocado food delivery business, with a review of the service currently underway. This is the latest step by Stuart Machin to increase Marks & Spencer’s share of the UK’s food spending in stores and online by more than 25% in the next five years. Alongside Hannah Gibson, the new Ocado Retail CEO, Machin is looking for ways to make the business more efficient. S...