Marks & Spencer news and analysis – Page 67
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M&S food gets hard sell
Marks and Spencer is to start shouting about its food offer, chief executive Stuart Rose said this week.As the company launched its first food-only TV advertisement, Rose said the high-street chain was one of the “hidden secrets” in UK food...
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M&S appoints new finance director
Marks & Spencer has appointed Ian Dyson as group finance director to replace Alison Reed, who leaves at the end of April.Dyson joins the company from The Rank Group, where he has been group finance director for five years.Stuart...
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Tesco’s control complete
Tesco has decimated the competition over the last 12 months, stealing £1bn of business from rivals and picking up the lion’s share of lost trade from Sainsbury, Marks and Spencer and Morrisons/Safeway, according to new switching data from...
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M&S sells former HQ
Marks and Spencer has sold its former Baker Street headquarters in London for £115m. The retailer moved from Baker Street last September to a purpose-built facility in Paddington.M&S said that the building had been bought by the real estate...
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Asda and Marks recall products
Asda has recalled certain batches of its own-brand Camembert Taster cheese after it was found to be contaminated with Salmonella. Marks & Spencer has also recently recalled one of its products after being notified of a strong odour in some...
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M&S thanks customers for donations
Marks & Spencer has issued a thank you to all its customers for their generosity in donating £2m so far to the company’s Asian Earthquake Appeal.Stuart Rose, chief executive, said: “our customers have responded with incredible generosity to...
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Moto expands Simply Food
Six Simply Food stores will be opened at motorway service stations in the next 18 months as a result of Marks and Spencer’s extension to its franchise contract with Moto, part of Compass Group.The number of Simply Food motorway stores will...
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M&S drops prices as Christmas nears
Shares at Marks & Spencer feel to its lowest level yesterday since Philip Green’s bid approach in May this year, amid fears that the retailer would have to add further discounting to shift surplus stock before Christmas.The retailer plans to...
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Deli-berations in the spotlight
A new look for its food halls is central to M& S’s hopes of restoring its fortunes. Ronan Hegarty checks out the Basingstoke trialBasingstoke may seem an unlikely place for the start of the great Marks and Spencer recovery under...
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Ronald thumbs up for ‘less is more’
The range rationalisation at Marks and Spencer’s food division would benefit category leaders such as Uniq as slow sellers are ditched and a new ‘less is more’ approach is developed, said Uniq chief executive Bill Ronald.Speaking as the chilled...
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M&S goes for deli soul
Marks and Spencer is giving its food halls a radical makeover in a bid to create a delicatessen atmosphere for shoppers.Head of retail design Niall Trafford said the refit aimed to represent the “mind of a supermarket but soul of a deli” and...
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Job shake up at M&S
Marks & Spencer has announced it will be cutting the number of executive directors from six to three after a shake up of its management structure.The three executive directors will be Stuart Rose, Charles Wilson and a new finance director to...
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Debut for French duo
Marks and Spencer will be selling 150 tonnes of Naturiane- branded apples Ariane and Doriane from December.The French varieties were unveiled at the Sial food show in Paris by SAS Pomalia, which represents growers, breeders and distributors....
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City braced for bad news
Investors will be bracing themselves for bad news in the next two weeks as three major food retailers prepare to release trading updates.Marks and Spencer and the Big Food Group will release their second-quarter trading figures on Tuesday...
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M&S acquired Per Una business
Marks & Spencer continues with its road to recovery programme with its recent announcement that it has acquired the Per Una brand and company from George Davis for £125m.George Davis will continue to be responsible for the business and will...
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Boots boosts its lunchtime foods market
Boots is planning to launch a new range of lunchtime food options, which will be in direct competition to Marks & Spencer’s Simply Foods format.The new range will include a value and a premium meal deal, which will also give consumers the...
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M&S adds time limit to its refund policy
Marks & Spencer is to end its easy refund policy, which currently allows customers to return items whenever they wish without having to worry about a time limit.The company is expected to set a time limit of three months, according to...
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Accolade for M&S firms
Marks and Spencer’s strawberry growers are celebrating after sweeping the board during the Kent Soft Fruit Show.The retailer’s growers dominated the prizes during last week’s show, with the exclusive Jubilee variety taking first prize in two...
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Food standalones will continue
Marks and Spencer will unveil a radical new look for its food offer in its Basingstoke store this autumn as part of a series of initiatives to revive food sales.This will be followed in January by a new dieting concept and developments in...