Marks & Spencer news

09 January 2020
In its latest trading update, for 13 weeks to 28 December, M&S has reported total group sales down 0.7%.  But behind this the performance of its core UK business was stronger with like-for-like sale positive in the period; up 0.2%.  Furthermore, the Food division proved the growth driver, with a market-beating +1.5% offsetting a 3.7% decline in its Clothing & Home sales. Standout performance i...
16 December 2019
Morrisons is the last of the major UK retailers to launch its Christmas ad.  Iceland For Iceland's Christmas 2019 campaign 'The Magic of Frozen', the retailer has partnered with Disney's Frozen, ahead of the release of Frozen 2 at the end of November. The ad uses several characters from the Disney film, with each sharing their favourite part of Christmas. The retailer returns back to ...
12 November 2019
Ahead of the festive season, M&S is launching a new marketing campaign to communicate sharper pricing on everyday lines. New strapline to emphasis value From November 13th, 'Re-marks-able Value' badging will be deployed across the offer to draw customers' attention to low priced products across M&S's range. To be included, all items have been price benchmarked against key competitors and mu...
06 November 2019
While ongoing decline in its clothing & home division impacted group performance, food delivered positive like-for-likes, reports M&S in its interim results for the 26 weeks ending 28th September. Results in brief Group revenue declined -2.1% to £4.86bn Profit before tax and adjusting items down -17.1% Food revenue up 1.2% to £2.85bn, and like-for-like sales up 0.9% drive by volume...
31 October 2019
Six ready meals will be added to the range in selected stores to appeal to growing demand for a Halal diet. Serving dietary demand 36 M&S Food stores will sell the range of meals, which include popular classics such as chicken hotpot and chicken tikka masala. The ready meals will also be sold by M&S's international franchise partner Al-Futtaim in markets including Singapore and Dubai. Pr...
10 October 2019
M&S boosts its senior leadership team across food, according to reports from The Times. The retailer has also appointed Mehdi Hosseini into the newly created role of head of data science. Shake-up of senior leadership team across food M&S has boosted its senior leadership team across food with four new recruits, ahead of its new joint venture with online-operator, Ocado . These include: ...
08 October 2019
We share range developments and additions from Waitrose, M&S, Iceland, Sainsbury's and Tesco. New look for Waitrose's top tier private label Waitrose & Partners has relaunched its top tier private label range: Waitrose & Partners No.1. The total range will feature over 740 products across a wide breadth of categories. Waitrose is keen to emphasise the role of its team in sourcing ingredient...
03 October 2019
As M&S shares extensive details on progress against its transformation programme, Food MD Stuart Machin comments he is " optimistic, but realistic, about what can be achieved by when ". Read on for selected highlights of the high volume of work going on as the retailer seeks to become a Bigger, Better and Fresher food business. 1. Delivering trusted value M&S is working extensively to sh...
24 September 2019
Marks and Spencer reports that Humphrey Singer, Group Chief Financial Officer, will leave the business. Short but significant time in the role Singer joined M&S from Dixons Carphone in June 2018, taking the reigns from Helen Weir. A timeline for departure is not yet in place, as M&S begins the succession process. Steve Rowe, Group CEO of M&S comments: " Humphrey has been a huge asset ...
20 September 2019
We visit the newly re-opened M&S branch in Clapham to see how the retailer is innovating with in-store space to provide more sustainable solutions, including its new vertical farming technology. Showcasing new urban farming technology On September 12th, M&S re-opened its Clapham Junction branch, which has been redesigned to showcase the retailers latest thinking in sustainability. The ope...