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Articles about Marks & Spencer
M&S to appoint a Frenchman to lead marketing strategy Tuesday, 21st May 2013
Marks & Spencer will be appointing a Frenchman to lead its marketing strategy to reverse the decline of its clothing sales.
Posted in Consumers, fashion, Fashion News, Footwear, Lingerie, Online retail, Retail Industry Tagged Marks & Spencer, branding, consumer goods industry, marketing, sales, finance
Marks & Spencer posts another fall in profits Tuesday, 21st May 2013
Photo credit: Marks & Spencer plc
The department store group on Tuesday reported pre-tax profits fell to £564.3 million in the year to 30 March, down from £658 million the year before. Despite group sales rising 1.3 per cent to £10 billion, Marks & Spencer’s general merchandise lines continued to struggle, falling 4.1 per cent year-on-year and dragging down the performance of the business as a whole.
Posted in Department Stores, E-Commerce, fashion, Food, M-Commerce, Retail Industry Tagged marks & spencer, m&s, department, store, retail, general, merchandise, profit, sales, m-commerce, e-commerce, fashion, online, centre, e-comm
Marks & Spencer next in line to face criticism for corporate tax structure Monday, 20th May 2013
Photo credit: Marks & Spencer
Marks & Spencer has become embroiled in the corporate tax debacle which has seen tax campaigners criticise big companies about the way they structure its online sales to Europe. The Guardian has recently launched an investigation into companies who appear to be exploiting lenient tax rules by invoicing transactions to countries with the lowest corporate tax rates.
Posted in Department Stores, Online retail Tagged Marks & Spencer, Amazon, corporation tax, David Cameron, George Osborne, Ed Miliband, Google, Margaret Hodge, Suzy Blackwell, UK Uncut, Guardian, G8 Summit
Ocado and Morrisons deal nets £1.5 million for Sir Stuart Rose Monday, 20th May 2013
Photo credit: Ocado
The former chief executive of Marks & Spencer and now Ocado chairman, Sir Stuart Rose, has reportedly seen his personal wealth rise by GBP 1.5 million following the delivery group’s deal with Morrisons, the Mail on Sunday reports. The retail veteran owns 1.2 million shares in Ocado, 450,000 of which were acquired as a result of his appointment as chairman on March 11.
Posted in Deals and Takeovers, E-Commerce, Food, Online retail, Supermarket News, Supermarkets Tagged Ocado, Marks & Spencer, chairman, Sir Stuart Rose, Mail On Sunday, Waitrose, supermarkets, online delivery, grocer, online retail
Marks & Spencer opens new Bahrain store Thursday, 16th May 2013
Photo credit: Marks & Spencer plc
Marks & Spencer this week celebrated another international store opening at the launch of its new Bahrain City Centre shop. The new 27,630 square feet store features the retailer’s new store format, covering clothing, beauty, footwear, lingerie and food. Speaking at the launch, John Cooper, managing director of Marks & Spencer Al-Futtaim said: “We’re delighted to have opened the 1st new full format store in Bahrain City Centre and believe that Bahrain is a burgeoning market for M&S.
Posted in Department Stores, fashion, Food, Franchise & Expansion, Lingerie, Retail Industry Tagged marks & spencer, plc, department, store, chain, retail, group, al-futtaim
Tesco acquisition on Sandbanks' millionaire row proves contraversial Thursday, 16th May 2013
Photo credit: My-Retail Media
Wealthy residents of the Sandbanks millionaire’s row remain perplexed by the acquisition of a Tesco Express, which plans to open in July. Residents from Dorset have expressed their frustration by claiming that the convenience store will be an ‘eyesore’ and that it would look ‘like a filling in a set of teeth’, the Daily Mail reports.
Posted in Convenience Stores, Supermarket News, Supermarkets Tagged Tesco, Waitrose, Marks & Spencer, food, supermarket, Karen Denham, Sandbanks, Dorset
M&S revamps clothing to improve declining sales Wednesday, 15th May 2013
M&S will be focusing on better quality and styles in its womenswear to reverse its declining sales over the last two years.
Posted in Consumers, fashion, Fashion News, Online retail, Retail Industry Tagged Marks & Spencer, clothing, fashion industry, sales, finance
M&S hires former Next exec Monday, 13th May 2013
Marks & Spencer has hired former Next executive Jo Jenkins as its new director of lingerie and beauty.
Posted in Department Stores, People Tagged Next, Marks & Spencer, M&S, Janie Schaffer, Jo Jenkins, John Dixon, HR News
Marks & Spencer snaps up senior executive from Next & Next reports rise in 1Q Thursday, 9th May 2013
Marks & Spencers, Britain's largest clothing retailer has hired a senior executive from Next for its lingerie and beauty.
Posted in fashion, Fashion News, Food, Lingerie, Online retail, Retail Industry Tagged shopping, marks & spencer, next, sales, profit, clothing
M & S new 900,000 sq ft warehouse will help improve online sales Thursday, 9th May 2013
Photo credit: My-Retail Media
Marks & Spencer have opened a 900,000 sq ft warehouse in Castle Donington in a bid to improve its online trading. The clothing and homeware retailer currently only sells 15 per cent of its products online, 20 per cent less than major rival Next. The new facilities will mean the retailer will be able to deal with 1m orders a day, compared with a few hundred currently.
Posted in E-Commerce, Franchise & Expansion, Online retail, Retail Industry Tagged Marks & Spencer, chief executive, Marc Bolan, director, Laura Wade-Grey, e-commerce, multi-channel, fashion, womenswear, homeware, Next, Jo Jenkins, Castle Donington, Amazon
