Greencore: M&S sandwich supplier roars ahead amid takeover battle April 1, 2025 Convenience food manufacturer Greencore told markets this morning that it expects profit to come in ahead of expectations for the second quarter, underpinned by “on-going operational and commercial excellence initiatives and a continued focus on cost control”, it said. Convenience food company Greencore supplies all major supermarkets in the UK, including M&S, with chilled prepared [...]
M&S revamps leadership team in next chapter of transformation February 7, 2025 Marks and Spencer has announced significant changes to its non-food leadership team as it enters the next phase of its turnaround project. Clothing and home director, Richard Price, will be replaced by ex-Boohoo CEO, John Lyttle. Lyttle headed Boohoo for five years, but left last Autumn amid claims of “corporate espionage”, with allegations he was [...]
Former Asda and M&S boss Lord Rose: WFH is ‘not doing proper work’ January 20, 2025 The increase in home work has created a generation who are “not doing proper work,” according to the former boss of Asda and Marks & Spencer. Speaking to BBC Panorama, Lord Rose said more working from home was a part of the UK economy’s “general decline” and that productivity was suffering as a result. “We [...]
Mamas & Papas: Nursery brand reveals latest expansion amid record sales January 8, 2025 The festive season provided yet another boost in sales for high street nursery brand Mamas & Papas following a bumper year of trade thanks to the success of its deals with M&S and Next. The Huddersfield-headquartered firm today reported record sales during this year’s Golden Quarter, especially within its UK and overseas markets. It said [...]
Post-Christmas shopping to rise as bargain-hunters ’emerge’ – analyst December 28, 2024 Post-Christmas shopping is expected to pick up on Friday after data showed there were fewer consumers hitting the high streets for Boxing Day bargains. By midday on Friday, footfall at shops across the country was eight per cent higher than the same day last year, according to retail analysts MRI Software. It follows refreshed figures [...]
Sales skyrocket at London Waterloo after biggest ever Wetherspoons opens December 19, 2024 Sales at London Waterloo shops have soared to the top of a leader-board of Britain’s busiest train stations, following the opening of the UK’s largest ever railway station Wetherspoons. The London hub reported the most quarterly sales growth of any of the 19 stations Network Rail runs in the UK, up 47 per cent year-on-year, [...]
Oxford Street M&S: Angela Rayner gives all-clear for demolition December 5, 2024 Angela Rayner has given the all-clear for the demolition of the flagship Oxford Street Marks & Spencer store. The deputy prime minister has granted permission for M&S to demolish the 94-year-old shop at Marble Arch in a decision published today. Plans to knock down Orchard House, which dates to the 1930s, and two other buildings, [...]
Retail bosses warn of £7bn cost burden after Budget November 19, 2024 UK retail bosses have written to the Chancellor to warn of the wide-ranging damage from the Autumn Budget on their sector, including “inevitable” job losses and price rises. In a letter coordinated by the British Retail Consortium (BRC), 79 signatories, including bluechip retailers Tesco, Next, and Greggs, said they had “significant concerns” about the impact [...]
M&S set to buck retail trend and see a bumper golden quarter November 6, 2024 After reporting a set of results far ahead of analysts’ expectations for the third quarter, Marks and Spencer is set for a bumper Christmas period as its turnaround continues to bear fruit. Its food division is particularly well-placed to deliver, with sales already up more than seven per cent in the third quarter. M&S’ food [...]
M&S to report £6.6bn in sales amid turnaround in fortunes November 3, 2024 Such a performance would put further weight behind comments from boss Stuart Machin in May, hailing the "beginnings of a new M and S."