Archive of all Marks & Spencer articles – Page 60
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M&S food sales increase
Marks and Spencer has reported a 4.7% increase in second-quarter like-for-like food sales, and claims that its share of the food market has increased to 4%.Half-year group sales to 30 September rose 11% to £3.929bn on pre-tax profit up 32.2%...
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M&S results expected
Marks and Spencer is expected to report its half-year results tomorrow (Tuesday).Analysts have predicted that the retailer will record like-for-like sales of 3-5%, slightly down from 5.8% in the first quarter, but a pre-tax profit of...
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M&S hits gas on Moto partnership
Marks and Spencer is to expand its partnership with Moto service stations across the UK as its Simply Food franchise continues to deliver sales uplifts. The expansion, described as a "brand new initiative", will kick off in early 2007...
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M&S: quality, not quantity
Planning authorities should take account of a brand's proposition before deciding whether or not to grant permission for a new store, Marks and Spencer has told the Competition Commission's grocery market inquiry. In its submission,...
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M&S praised for welfare
Marks and Spencer has won the RSPCA's good business award for animal welfare, stealing the crown from Waitrose.Judges praised the fact the store's welfare policies covered all tiers of meat, led by its 'look behind the label'...
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M&S moves healthy ready meals into the mainstream
Marks and Spencer took healthy eating into the mainstream this week with the launch of a new range of healthy non-diet ready meals designed with government advice on consumption of calories, fat, sugar and salt in mind. Some 100 products...
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M&S looking for big sales space increase
Marks and Spencer could grow its sales space by 40% in the long term and top £1bn of profits by 2008, analysts have forecast. A relaunch of its internet offer, international franchise expansion and roll out of Simply Food to hundreds of...
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M&S to add electrical departments to 13 stores
M&S to add electrical departments to 13 storesMarks & Spencer is to add electrical departments to 13 of its largest stores in a bid to take on Tesco and specialist retailers.M&S has been trialling the sale of a small range of...
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M&S boosted by ethical campaign
Marks and Spencer's 'Look Behind the Label' campaign is the most successful campaign in the retailer's history, analysts have said.Analysts from Citigroup said that the campaign, which includes fairtrade, sustainability and animal welfare,...
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Smoothie makers unite to challenge VAT laws
It may be the silly season, but the story that has been rumbling on about VAT on Marks and Spencer's tea cakes has to be one of the more ludicrous narratives the industry has encountered, any time of year. We first covered this tale of tax woe...
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Cork brings M&S' Irish tally up to 15
Marks and Spencer this week struck a deal to open its 15th store in the Republic of Ireland. The retailer has acquired a further shop from Roches Stores, from which it bought two outlets last year. The 33,000 sq ft premises is...
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M&S expect healthy food growth
Marks and Spencer expects is healthy food range Eat Well to account for 40% of its total food sales within six months.The retailer said that the growth reflected the trend of customers wanting to buy healthier food.“The healthy food...
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M&S to beat Tesco to Gerrards Cross
Marks and Spencer will beat Tesco to opening a food store in Gerrards Cross, it was confirmed this week. Tesco had to put its plans on hold after a tunnel collapsed beneath the site of its proposed store last July. But now M&S has...
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Rose warns of a 'nanny state' UK
Stuart Rose, chief executive of Marks and Spencer, has warned that Britain risks becoming a "nanny state" amid moves to restrict advertising of some foods and to put traffic light labelling on food packaging. Rose, speaking exclusively to...
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In Brief: M&S tenderness; Green barbecue
M&S tenderness Marks & Spencer is set to launch a new range of fresh beef this summer, called Guaranteed Tender British Beef. It will appear on sirloin, ribeye and fillet steaks and is claimed to represent maximum tenderness in...
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M&S shares increase
Shares in Marks and Spencer rose 12p to finish on 578p yesterday following speculation that the retailer would announce impressive first-quarter figures next month.Broker SG Securities said: “There is every indication that Q1 trading will...
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The renaissance man
Guy Farrant has got the job he always dreamed of. His appointment as director of Marks & Spencer's food division last May after a six-month search by chief executive Stuart Rose comes after a 28-year career in the retailer, 22 years of which...
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M&S races ahead with Simply Food refit plans
Marks and Spencer is four weeks ahead of schedule with its conversion programme for the 28 Iceland stores it acquired for £38m in January. The retailer is converting four stores a week for the next seven weeks to its Simply Food format,...
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Salanova debuts in M&S/Waitrose
A trademarked wholehead lettuce called One-cut Salanova, which is easy to prepare with one cut across the base, is being stocked for the first time by M&S and Waitrose. Developed by Rijkzwan in the Netherlands from a Butterhead variety,...
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Customers should always come first
The trading environment remains very competitive for food retailers. But recent updates from Marks and Spencer, Sainsbury and Morrisons confirm that good execution of a customer-led strategy will grow market share and attract spend from new...