Price war: Asda and Morrisons slash prices as supermarkets battle to woo shoppers April 25, 2022 Supermarkets are vying to win shoppers hunting for cheaper deals, as Asda and Morrisons become the latest to announce price cuts. Asda, owned by the billionaire Issa brothers, has said it will inject more than £73m into ensuring the prices of more than 100 essential items are low, until the end of the year. Meanwhile, [...]
Demolition of M&S Oxford St store put on hold by Gove April 20, 2022 The bulldozing of the iconic Marks & Spencer building on Oxford St has been put on pause by the government. According to a report by the BBC, Michael Gove asked Westminster council to press pause on a demolition application. Under an Article 31 holding direction, a local authority cannot green light planning permission until ministers [...]
M&S cut prices on a range of items as shoppers face cost of living crunch April 11, 2022 Marks & Spencer has slashed prices on some core grocery items as it hopes to woo shoppers amid rising costs. Supermarkets are endeavouring to maintain their market shares while shoppers have flocked to discount retailers to mitigate the cost of living crunch in recent weeks. M&S revealed on Monday that it had lowered prices on [...]
Supermarket till sales down four per cent last month as online shopping and cost of living hit hard April 5, 2022 Supermarket till sales continue to feel the impact of online buying brought about by the pandemic, with a four per cent fall last month. A new study indicates that online sales also fell almost 20 per cent from last year, as the cost of living crisis continues to change consumer habits. The report by NielsenIQ [...]
M&S franchises remaining open in Russia is ‘buttressing Putin’s brutality’, Tory MP says March 18, 2022 Marks and Spencer has been urged to close its stores in Russia by a Conservative MP. Marks and Spencer has been urged to close its stores in Russia by a Conservative MP. The representative for Rutland and Melton, Alicia Kearns, made her comments while hosting four Ukrainian politicians on Thursday. This comes as major international [...]
M&S boss Steve Rowe to step down after six years March 10, 2022 M&S has announced its CEO Steve Rowe will step down after six years at the helm of the supermarket. Rowe will leave his role at the company’s preliminary results on 25 May as part of a planned succession programme, the supermarket revealed on Thursday afternoon. He will be replaced by Stuart Machin, who will become chief [...]
M&S remains UK’s fastest growing supermarket catching up with Big Four grocers February 8, 2022 Marks & Spencer has maintained its position as UK’s fastest growing food retailer, market researcher NielsenIQ said today, indicating its turnaround plan is gaining momentum. It said M&S’s sales rose 12.3 per cent in the 12 weeks to January 29 year-on-year, giving it a market share of 3.6 per cent, up 0.4 percentage points on [...]
This is not just a settlement: M&S agrees deal with Aldi over caterpillar cake February 1, 2022 Marks & Spencer has settled a long-running copyright dispute with Aldi over its iconic Colin the Caterpillar cake.
M&S declares war on Aldi over ‘obvious’ copy of Christmas gin December 16, 2021 Marks and Spencer has launched legal action against discount supermarket rival Aldi, over what it alleges is a copycat gin. Aldi’s ‘The Infusionist’ gold-flake gin liqueur range has been accused of copying M&S’ Light-Up Gin, in papers filed at the High Court earlier this month. M&S registered three varieties of its designs earlier this year, [...]
1 in 15 customer service staff have faced death threats as businesses call for better treatment December 8, 2021 Retail staff have said customer abuse has become more aggressive after the shops were hit by stock and labour shortages this year. The Institute of Customer Service, alongside bosses from household names including Marks and Spencers, Sainsbury’s and Wickes, has signed an open letter calling for better treatment of customer service staff. Workers fear abuse [...]