Marks & Spencer news and analysis – Page 64
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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...
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Food sales drive group recovery at upbeat M&S
Marks and Spencer served up a strong set of results this week, thanks to the food business that it intends to grow further, says James DurstonThe nationals have been obsessed with the nascent signs of recovery shown by Marks and...
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M&S food sales increase
Marks and Spencer has reported a 3.6% increase in full-year like-for-like food sales to April 1.The retailer revealed that food had a “very successful” year, with sales increasing 7%, driven by a renewed focus on quality and...
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M&S results expected
Marks and Spencer is this week expected to reveal full-year pre-tax profit of approximately £751m, up from £618m the year before.Analysts have also predicted that the retailer will unveil plans to increase the amount of space in its stores...
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Head of taste for Eat Natural
Harriet Gregory is to be the new head of taste matters at Eat Natural.Gregory joins Eat Natural from Marks and Spencer and has more than a decade of experience in NPD and new taste pioneering. She will be responsible for all new product...
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Head of taste for Eat Natural
Harriet Gregory is to be the new head of taste matters at Eat Natural.Gregory joins Eat Natural from Marks and Spencer and has more than a decade of experience in NPD and new taste pioneering. She will be responsible for all new product...
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"These were not just symbiotic relationships - these were M&S symbiotic relationships"
M&S was surely asking for trouble when it entitled a supplier review Project Genesis. The danger was always that it could turn into Project Exodus. And that is exactly what appears to be happening. M&S has been losing food sales in its...
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"These were not just symbiotic relationships - these were M&S symbiotic relationships"
M&S was surely asking for trouble when it entitled a supplier review Project Genesis. The danger was always that it could turn into Project Exodus. And that is exactly what appears to be happening. M&S has been losing food sales in its...
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M&S may be paving way to rebrand to 'Your M&S'
Marks and Spencer's move to re-badge a store fascia in London as Your M&S could pave the way for a rebranding of its products, analysts have predicted. Although the retailer said that the change of name at its Edgware Road...
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Compass points to sale
A travel retail shake up is on the menu. Rachel Barnes reportsMarks and Spencer's Simply Food format could be ripe for expansion following the announced sale of catering group Compass's travel arm Select Service Partner.The...
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M&S ambitious for Simply Food
Marks and Spencer is planning to increase its share of grocery in the UK by continuing the expansion of its Simply Food.Stuart Rose, chief executive, said M&S is continuing to look for more space to open Simply Food stores and...