Accessories Amazon Asda Christmas Expansion & Franchise Fashion HR News High Street John Lewis London Marks & Spencer Media News Results Retail Retail and Consumer Industry Retail news Sainsbury's Store Tesco UK brand china consumer deal deals and rumours department department stores e-commerce electricals expansion fashion news food grocer group launch luxury morrisons my online online retail people profit property retail property retailer sale sales supermarket waitrose
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.
M & S new 900,000 sq ft warehouse will help improve online sales Thursday, 9th May 2013
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.
Next chief distributes £2.4m bonus amongst employees Wednesday, 17th April 2013
Employees at Next are due to receive a cash payout after bosses decided to divide a £2.4 million stocks bonus between staff members.
Next raises profit forecast as Christmas sales improve nearly 4% Thursday, 3rd January 2013
Next has raised its full-year profit forecast as it reported back on a lift in sales in the run-up to Christmas. Having overtaken Marks & Spencer as the UK’s largest clothing retailer by sales in early 2012, Next said total sales from 1 November to Christmas Eve rose 3.9 per cent from a year earlier, while online sales were up 11.2 per cent.