Marks & Spencer news and analysis – Page 61
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M&S in Greek joint venture
Marks & Spencer has acquired a 50% stake in Marks & Spencer Marinopoulos for E50m (£38m).M&S Marinopoulos operates 38 M&S stores in Greece, Romania and Bulgaria but as part of the joint venture, the companies will open up to 50 new stores...
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Rose defends Project Genesis cuts as 'perfectly reasonable'
Sir Stuart Rose has launched a staunch defence of Marks & Spencer's controversial new Project Genesis food and drink trading terms.Speaking after he had addressed this week's National Farmers' Union conference, the Marks & Spencer chief...
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M&S: we will buy out-of-season lamb
M&S has committed to buying British lamb out of season provided farmers can guarantee quality.
Chief executive Stuart Rose made the pledge at the NFU conference after he was challenged on M&S’s policy of buying New Zealand lamb to fill… -
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M&S to make suppliers pay for 'abnormally high waste'
Marks & Spencer is to charge its food suppliers for product wastage under its new Project Genesis trading terms.A document outlining the details of the changes, obtained by The Grocer, says M&S will order suppliers to help pay for...
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M&S staff given discount vouchers
Marks & Spencer has given out more than 800,000 20% discount vouchers to its staff and pension holders.Staff have been sent a dozen vouchers to distribute among families and friends, according to the Daily Telegraph.Analysts were...
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marks & spencer's new eco-store
This is a retailer, not a green adventure zone," insists Mark Calderwood, store manager at Marks & Spencer's new 'eco-store' store in Glasgow. If that's the case, it's certainly doing a good impression of one. The 70,000 sq ft...
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Opinion - "The M&S price position right now is more Kerry Katona than Myleene Klass, and that doesn't feel right"
The chickens are coming home to roost. And I'm not talking about the vengeance that is being meted out on Sainsbury's et al by Jamie Oliver and his ingrates, as grocers get it in the neck for their poultry welfare. I'm talking about Marks &...
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M&S organic turkey sales go over £1m
Organic turkey sales in Marks & Spencer are set to break the £1m barrier this Christmas for the first time.Sales of organic turkey through its food customer ordering service are already up 40% on last year.Steven Esom, director...
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Former Safeway boss to help M&S in China
Marks & Spencer has enlisted the services of former Safeway chief executive Carlos Criado-Perez for its ambitious expansion plans for the Far East.The Times reports that the Argentinian has drawn up research notes on Taiwan for the high...
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M&S pyjamas help stop MRSA
Pyjamas containing a special silver thread that reduces the spread of infection have gone on sale in M&S.The £45 “sleep safe” pyjamas are currently being trialled at 100 stores.M&S is the first retailer in the UK to stock the...
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M&S has the most respect
Marks & Spencer is the most highly regarded company in the UK, according to a survey of nearly 2,000 consumers by the CBI.The retailer topped the list, gaining twice as many mentions as second-placed John Lewis Partnership. Tesco and...
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M&S in India talks
Marks & Spencer is reportedly in talks with several companies in India about setting up a joint venture in the country.The retailer already has 12 stores in India as part of a franchise agreement with Planet Retail Group but a separate joint...
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Food and fashion: a mismatch for M&S?
Stuart Rose has worked wonders turning around Marks & Spencer and last week unveiled ambitious international expansion plans, but, according to some analysts, the retailer still has work to do on its offer closer to home. Since he arrived...
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Rose says ban on covenants would help M&S expansion
A ban on grocery retailers selling or letting land under restrictive covenants would give a major boost to M&S's expansion, according to chief executive Stuart Rose. Last week, in its provisional grocery inquiry findings, the Competition...
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We'll stick with PLA says M&S
M&S won't stop using polylactic acid (PLA) in its packaging, despite Innocent axing it because it can't be recycled by most councils. Innocent will switch to PET bottles by January after it emerged PLA material could not be home...
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Shoppers say M&S is the most ethical
Marks & Spencer has been rated the most ethical food retailer by consumers for a second year, while Tesco was down five places on last year in 15th position. M&S was rated 'good' or 'very good' by 60% of the 1,067 people polled in the...
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M&S stops selling white veal in-store
Concern over the welfare of calves has led Marks & Spencer to stop selling white veal.Calves' liver is also being pulled as it comes from the animals reared on the Continent for white veal, often in small crates, which restrict their...
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M&S bans white veal
Marks & Spencer is to stop selling imported white veal and calves' liver.The retailer said it would only sell rose veal, bred in the UK to decent standards following concerns from animal rights campaigners that the animals were reared in...
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Bottle-conditioned ale range at M&S
Marks & Spencer is to champion bottle-conditioned regional beers with the launch of four own-label beers from named suppliers.The line-up includes a Norfolk Bitter, brewed by Woodforde's, a Buckinghamshire Ale from Vale Brewery, a...
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M&S's Plan A leaves public unimpressed by green aims
Marks & Spencer is lagging behind its rivals in convincing shoppers of its ecological credentials - in spite of its huge efforts to position itself as a green retailer, exclusive research for The Grocer indicates.M&S, which launched its...