Archive of all Marks & Spencer articles – Page 28
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NewsCity snapshot: M&S profits slump despite food ‘outperformance’
Strong sales and profit growth in Marks & Spencer’s food business was not enough to turn around the group’s falling profits as weaker clothing and home sales hit its bottom line.
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Comment & OpinionNPD is making a comeback but more support will be needed from grocers
Grocers also need to find new ways to respond to shopper missions that are being lost in the melee
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NewsM&S to reopen cafés for takeaway hot drinks
One member of staff will both make drinks and take payment, for better social distancing
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NewsM&S extends Deliveroo home delivery partnership, adding 20 stores
The move brings the total number of stores offering home delivery to 142
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NewsM&S unveils raft of support measures for its UK farmer suppliers
The initiatives include a new marketing campaign, sourcing commitments and the launch of a new UK meat box
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NewsMarks & Spencer to offer staff home testing for coronavirus
M&S said today it was offering home-testing for staff and their families across the whole of the UK
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NewsM&S to provide more clothing for discharged hospital patients
M&S has been delivering the clothing packs to the NHS Nightingale Hospital in London since earlier this month
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NewsM&S Food MD Stuart Machin reassures farmers while urging government to help dairy
In a letter to farming unions, Machin has reasserted M&S’s commitments while calling on the government to do more
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NewsM&S, Lidl, Aldi and the Southern Co-op step up help for community projects hit by coronavirus
The retailers are partnering with community charity Neighbourly to help projects such as food banks, homeless shelters, elderly care and youth clubs
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NewsM&S boosts food box deliveries using clothing & home DC
The boxes are now being picked and despatched from M&S’s main distribution centre in Castle Donington
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NewsRatings agency Fitch downgrades M&S to junk status
Global ratings agency Fitch has downgraded Marks & Spencer’s long-term credit rating to junk status as the coronavirus lockdown exacerbates “historical operating weakness”
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NewsM&S doubles checkout-free smartphone shopping enabled stores
Further 50 stores see Mobile Pay Go option implemented, bringing total to 100
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NewsAsda and M&S create new payment cards for volunteers shopping for those self-isolating
The cards are aimed at shoppers relying on friends, neighbours and volunteers to get their groceries for them
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NewsM&S gives store and supply chain staff 15% pay bonus
The hike tops that of the 10% bonuses already announced by a number of supermarkets
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NewsM&S adds food brands to boost availability
M&S has also announced immediate payment terms for small suppliers
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NewsM&S boosts food ranges at hospital stores for NHS staff
M&S has also signed a deal with Deliveroo to provide home delivery of essentials like milk, bread and ready meals from BP franchise stores
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NewsM&S’s BP petrol station stores partner with Deliveroo
The move will ‘help make sure isolated people at home have access to household essentials’, Deliveroo said
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NewsCity snapshot: M&S warned of ‘severe impact’ of coronavirus and readies store closure contingencies
Marks & Spencer has warned of the “severe impact” of the coronavirus outbreak on its clothing and home business and has detailed a cost-control programme to mitigate the damage. Plus, supermarket competition law temporarily relaxed, Hotel Chocolat raises cash amid outbreak sales downturn and all the rest of the latest news from the City.
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Analysis & FeaturesM&S Plant Kitchen Tofish & Chips: acid test
This vegan dish comprises crispy battered tofu goujons, chips and a vegan tartare sauce
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NewsM&S reducing waste by turning leftover baguettes into garlic bread and crostini
The scheme is underway in M&S’s four flagship new-format Food Halls