All Supermarkets articles – Page 400
-
News
Fitting right in to the locality
Marks and Spencer has recently stepped up the pace of its Simply Food expansion with the acquisition of 28 Iceland stores. CACI’s analysis reveals the cherry-picking of sites from Iceland’s portfolio has been well thought-through. While the...
-
News
Is M&S cooking its own goose?
Dozens of loyal shoppers have come forward to support frozen ready meals retailer Cook in its row over own label with rival Marks and Spencer.As revealed in The Grocer last week, Cook claims the packaging and wording of M&S’s Cook! own...
-
News
Iceland on track for growth
Iceland boss Malcolm Walker insists that it is still committed to sustaining growth, despite selling off 28 stores this week.Walker said the £38m sale on a leasehold basis to Marks and Spencer, which plans to turn them into Simply Food outlets,...
-
News
Iceland on track for growth
Iceland boss Malcolm Walker insists that it is still committed to sustaining growth, despite selling off 28 stores this week.Walker said the £38m sale on a leasehold basis to Marks and Spencer, which plans to turn them into Simply Food outlets,...
-
News
M&S eyeing Simply Food BP expansion?
Marks and Spencer could be planning to expand its Simply Food format to 300 BP service stations across the country.The retailer is currently piloting eight Simply Food stores on BP forecourts and reports suggest that if the roll-out goes...
-
News
Caution despite strong M&S sales
Shares in Marks and Spencer fell 9.75p to close at 492.25p yesterday after investors reacted with caution to a solid set of third quarter sales figures.Despite M&S revealing a 4.8% increase in UK sales and a 7.9% increase in food sales for...
-
News
M&S wins tax rebate case
Marks and Spencer has won a landmark case giving the retailer the right to offset foreign losses against its UK profits.The European Court of Justice in Luxembourg yesterday ruled that M&S could claim back tax worth approximately £30m on...
-
News
M&S opens new depot for Christmas turkey supplies
Marks and Spencer is to open a new distribution centre next week dedicated to supplying all its turkeys around the country this Christmas.The 100,000 sq ft site in Thornbury, Gloucestershire, has been configured to operate as its central turkey...
-
News
M&S recalls cakes
Marks and Spencer has recalled six cake products after coloured plastic strands from a sieve got into them during the manufacturing process.The affected products are Extremely Choclatey Sponge Roll (product code 0461689), Colin the...
-
News
Free-range makes for tastier turkey
Marks and Spencer is planning to bring something new to Christmas tables this year with the launch of a free-range turkey that the retailer believes is tastier than rival birds. The new turkey, which is being supplied by O’Kane Poultry, is...
-
News
M&S to open Dubai store in 2006
Marks and Spencer is to step up its international expansion with the opening of its first store in Dubai next autumn. The 62,000 sq ft franchised store will form part of the Dubai Festival City project, the Middle East’s largest mixed use...
-
News
M&S beats expectations
Marks and Spencer has beaten analyst expectations to record a 19.6% increase in pre-tax profits to £308.2m in half-year results.In results for the half-year to end October 1, the retailer also revealed that its food sales were up 5.6%, or up...
-
News
M&S aims to be electrifying
Marks and Spencer is to begin selling a range of branded goods for the first time with a move into the mobile phone and home electronics market.The move brings the troubled retailer more in line with the major supermarkets’ non food offers,...
-
News
Burden of crime growing
Sainsbury and Marks and Spencer have painted a pessimistic picture of the increasing impact retailers face from crime, reflecting latest figures that show the cost to businesses is rising along with violence and verbal abuse.Both companies told...
-
News
M&S food sales up 6.3%
Marks and Spencer has recorded a 6.3% increase in food sales in the second quarter to October 1.In a trading update to the City, the retailer also revealed that its like-for-like food sales were up 2.7% compared with an increase of 0.7% last...
-
News
‘It’s their fault. They started it’
Marks and Spencer is to launch a probe into its deals with food and drink suppliers amid claims that the latter are getting their own back over tough contract deals by hiking up the value of invoices for new business.The Grocer has discovered...
-
News
M&S to do own fair trade
Marks and Spencer is devising its own fair trade mark to go on selected products from next month as part of a major new corporate social responsibility initiative.The scheme, currently using the working title ‘Trade for Good’, will initially...
-
News
M&S criticises textile quota
Marks and Spencer has had to find new factories to manufacture its knitwear since the introduction of the European Union’s textile quotas in June.The quotas were introduced as an emergency response to complaints from Italy, France, Spain and...
-
News
M&S slashes prices
Marks and Spencer has slashed the price of its women’s clothing ranges for the autumn and winter seasons in an attempt to improve underlying sales.Analysts at Seymour Pierce said that prices had been reduced by as much as 25%.Rhys...
-
News
End of M&S teacake row draws near
The European Court of Justice is to put an end to a 10-year row into whether Marks and Spencer should receive a VAT rebate for its chocolate-covered teacakes.In 1995 M&S claimed that between April 1973 and October 1994 it had wrongly...