Marks & Spencer news and analysis – Page 59
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City: axing 25 Simply Food stores won't fix M&S food problems
Marks & Spencer's closure of 25 "underperforming" Simply Food stores will do little to fix its struggling food business, analysts said this week. Defiant chairman Sir Stuart Rose claimed he was "encouraged" by this year's 5.2% drop in food...
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NewsSimply Food, not fashion, is biggest casualty as M&S closes stores
Marks & Spencer will cull 1,200 jobs and close 27 stores – including 25 Simply Food stores – after announcing its worst quarterly performance for more than a decade.
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Parkie talks turkey in M&S's latest ad
Michael Parkinson has become the latest celebrity to do a voiceover for a Marks & Spencer TV food ad in the post-Dervla Kirwan era.In the final weekend before Christmas, M&S is set to add to its range of promotions, which last week included...
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M&S slashes prices to pull in shoppers
Marks & Spencer has slashed the price of products across its business as high street stores continue to struggle to pull in shoppers.
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James is first indie to get M&S Simply Food
M&S Simply Food will be trialled at a BP franchise for the first time next year. Leading independent retailer and ACS vice chairman Jonathan James has been chosen as the first franchisee of a BP Connect store to include an M&S Simply Food offer....
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M&S apple to help Great Ormond St
A new variety of apple has been launched into Marks & Spencer to help raise funds for Great Ormond Street Hospital Children's Charity.Amelia's Apple is named after Amelia Basset, the M&S Ilkeston store manager's daughter, who died aged 11...
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M&S confirms fears with 34% profits slump
Marks & Spencer is pinning its hopes for a resurgence in the food market on promotions such as its ‘Dine in for £10’ offer, after the high street giant announced a drop in first-half profits of more than a third.
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Duck on the menu at M&S this Christmas
Duck producer Cherry Valley has secured a deal to supply six new free-range prepared duck products to Marks & Spencer. The Lincolnshire-based company, which is the UK’s largest duck manufacturer and produces eight million ducks a year, has begun...
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M&S dairy suppliers get carbon test
M&S has become the latest retailer to measure the carbon footprints of its dedicated milk suppliers. The company has completed its analysis of the 44 farms in its UK milk pool using a measuring tool developed by supplier group Dairy Crest...
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Suppliers fume as M&S fails to deliver on sales
Leading suppliers to Marks & Spencer have hit out at the retailer for failing to deliver increases in sales volumes promised under the terms of its Project Genesis. The controversial scheme – earlier dubbed ‘Project Genocide’ by one supplier – came...
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Food sales slump as M&S struggles
Food sales at Marks & Spencer have nosedived by almost 6% over the last three months, the struggling high street icon revealed today. And the day after fashion retailer ASOS reported a 104% rise in sales, M&S also saw a dip in clothes sales of 3.5% for the period.
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Green revamp for M&S pizza
M&S’s pizzas have undergone a makeover in preparation for a relaunch of its Italian range next week. M&S said more than 60% of the packaging in its pizzas had been stripped away, so almost 500 fewer tonnes of cardboard and 83 fewer tonnes of...
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M&S lightens up sparklers
Marks & Spencer is putting some of its sparkling wines in lighter bottles in an effort to cut down on packaging. The retailer claims the move will save hundreds of tonnes of glass a year. Bottles of Prosecco and the pink Prosecco Raboso now weigh...
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Not Just M&S Food
Marks & Spencer is trialling top household brands for the first time in its history. Joanne Grew takes a look at how they are faring
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M&S brands cheaper than at Sainsbury’s, new survey finds
M&S brands cheaper than at Sainsbury’s, new survey finds: The brands in Marks & Spencer’s branded goods trial are cheaper than at Sainsbury’s, a survey by analyst Blue Oar Securities has revealed. The survey, which Blue Oar admitted was “fairly crude”, looked at 40 brands and found that M&S had ...
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M&S brand supply defended by Booker
Wholesale giant Booker has defended its move to supply M&S with brands - which appears in conflict with its stated aim of becoming the biggest and best supplier to small businesses in the UK. Supplying M&S fitted its other main ambition of...
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Axed Esom counts cost of M&S's food slump
Sir Stuart Rose has vowed that Marks & Spencer will "stick to its principles" of selling premium food despite poor first-quarter sales and the sudden departure of director of food Steven Esom. Shares in the retailer sank by 25% to 240p -...
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M&S shares plummet on profit warning
More than £1bn was wiped off the value of Marks & Spencer's shares yesterday as the retailer revealed a shock 5.3% drop in first-quarter like-for-like sales.Shares in the retailer sank 25% to 240p - the lowest level since June 2001 - as M&S...
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Esom leaves Marks & Spencer
Steven Esom, director of food at Marks & Spencer, has left the company as the retailer reports a 4.5% drop in like-for-like first-quarter food sales.Esom had been head of food at M&S since joining in June last year from Waitrose where he was...
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News
M&S ready meals go to Bakkavör and Brookes
The £45m-a-year M&S Italian ready-meal contract has been split between Bakkavör and RF Brookes, The Grocer can reveal. It has taken M&S less than two months to find a new supplier for its own-label lasagne and pasta ready meals after...