Jan 10, 2019 | News, Retailing
Mark and Spencer Group Plc (M&S) saw a “steady performance in difficult markets” in its trading statement for the 13 weeks to 29th December 2018. In food, the retailer saw like-for-like revenue decrease 2.1%. Six months ago M&S started on a journey to...
Dec 12, 2018 | News, Retailing
Marks and Spencer Group plc has announced the appointment of Justin King as a non-executive director with effect from 1st January 2019. King is acknowledged as one of the UK’s most successful retail leaders, having led the revival of J Sainsbury’s as chief executive...
Nov 7, 2018 | News, Retailing
Marks and Spencer Group plc (M&S) has reported its food revenue is down by 0.2% and like-for-like revenue is also down by 2.9%, reflecting tough trading over the 26 weeks that ended on 29th September 2018. According to the M&S half year results, the retailer...
Aug 31, 2018 | News, Retailing
The UK’s food-to-go sector is set to grow at twice the rate of overall grocery retail, with research organisation IGD predicting the channel to grow to £22.8bn by 2023. The predicted growth of £22.8bn by 2023 is up from a £17.8bn growth in 2018. Food-to-go research...
May 23, 2018 | News, Retailing
Following the announcement that Marks and Spencer is set to close 100 stores by 2022, the retailer has now unveiled its full year results. The retailer reported a 62.1% fall in pre-tax profit to £66.8 million in the year to 31st March. This was linked to a store...