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Bond says no to M&S role

ASDA chief executive Andy Bond yesterday ruled himself out of the running for the top job at high street retailer Marks &amp; Spencer (M&amp;S).<br /><br />Bond said: &ldquo;I am not interested. I am not going to M&amp;S. End of story.&rdquo;<br /><br />M&amp;S has said it will appoint a new chief executive next year, with Sir Stuart Rose stepping down as chairman by July 2011.<br /><br />Bond&rsquo;s comments have been taken by observers as a further sign that the chief executive is likely to come from within Marks &amp; Spencer.<br /><br />M&amp;S food boss John Dixon, who was recently promoted to the executive board, and finance director Ian Dyson are both widely tipped for the job.<br /><br />Bond yesterday outlined his vision for Asda at the London Chamber of Commerce, saying the retailer would respond to consumers who wanted more openness and transparency.<br /><br />Bond said that in the future shoppers would be more closely involved in choosing the supermarket&rsquo;s lines, allowing customers to trace the journey of products.<br /><br />He also said the firm was using live web cams in stores, headquarters and factories, declaring he had &ldquo;nothing to hide&rdquo; and saying he was an &ldquo;advocate of transparency&rdquo;.<br /><br />He also gave a stinging verdict on rival supermarket Tesco&rsquo;s recent re-launch of its club card saying: &ldquo;Trust can&rsquo;t be bought by plastic loyalty cards and money off vouchers. It takes more than that