Marks and Spencer
This coverage analyses Marks and Spencer’s strategy, performance, and influence within the UK retail market. Reporting highlights store operations, product innovation, online developments, financial results, marketing campaigns, and leadership changes. With a focus on commercial impact and competitive dynamics, it offers insights for professionals managing grocery, fashion, and homeware retailing at scale.
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Aug- 2022 -22 AugustNews
M&S rejects complaints for Oxford Street redevelopment
Marks and Spencer (M&S) has reportedly addressed complaints surrounding its Oxford Street redevelopment plans by pledging that 95% of the materials in the existing Marble Arch building will be recovered, recycled or reused, amid opposition to plans to flatten the shop. According to the Guardian, the retailer has promised that…
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Jul- 2022 -22 JulySupermarkets
M&S acquires logistics provider Gist for £145m
Marks and Spencer Group plc has announced the acquisition of Gist Limited, the principal contract logistics provider to M&S Food, from Storeshield Limited, a subsidiary of The BOC Group Limited. Under the transaction, M&S has acquired the entire share capital of Gist for an initial consideration of £145m in cash.…
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21 JulyPeople Moves
Primark owner appoints new finance director
Associated British Foods plc has announced the appointment of Eoin Tonge as the company’s next finance director. Tonge will succeed John Bason who will be retiring as finance director and will be stepping down from the ABF Board. It is reported that Tonge will join the business no later than…
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20 JulyNews
Ocado Retail CEO Melanie Smith to step down
Ocado Retail has announced that its chief executive, Melanie Smith CBE, will leave the business after three years in the role, effective 31 August 2022. As part of the transition process, Smith will be handing over to Lawrence Hene on an interim basis, who previously was deputy CEO at Ocado…
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13 JulyEntertainment
Lego ‘indefinitely’ halts operations in Russia
Lego will cease its commercial operations in Russia after previously pausing shipments to the country back in March. In a statement to Retail Sector, a spokesperson said: “The LEGO Group paused shipments to Russia in March. Given the continued extensive disruption in the operating environment, we have decided to indefinitely…
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4 JulySupermarkets
Cost of living crisis will not curtail Brits summer spending, M&S finds
The cost of a living crisis is not dampening UK consumers’ desires to make the most of this summer, according to Marks and Spencer’s latest ‘Family Matters’ update. It found the cost of living is cited as a top concern by 82% of UK families, up 10% since the end…
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4 JulySupermarkets
Supermarket Income acquires four supermarkets in £82.9 deal
Supermarket Income REIT plc, a real estate investment trust, has announced it has acquired two supermarket sites for a total purchase price of £82.9m. The company has purchased a Tesco superstore, Marks and Spencer Foodhall and an Iceland in Chineham, Basingstoke, and an Asda supermarket in Carcroft, Doncaster. The 18.7…
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Jun- 2022 -27 JunePeople Moves
John Lewis appoints first director of designs
John Lewis has announced the appointment of its first director of design for fashion, Queralt Ferrer. The announcement comes as the retailer continues to build on plans to expand its own-brand ranges, with it aiming to become a “more significant player in fashion and home”. The appointment will specifically support…
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23 JuneClothing & Shoes
Nike to quit Russia after Ukraine invasion
Sportswear brand Nike has revealed it will fully pull out of Russia three months after suspending its business in the country due to the Ukraine war. It said it will scale down its operations in Russia over the “coming months”, having announced a temporary suspension on 3 March. It marks…
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22 JuneSupermarkets
M&S criticises gov decision on new Marble Arch store
Marks and Spencer has criticised the decision by Secretary of State Michael Gove to hold a public enquiry on the proposed redevelopment of its Marble Arch store on London’s Oxford Street. The retailer has been hoping to demolish the site and replace it with a larger 10-story retail and office…
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