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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Apr- 2020 -30 AprilPeople Moves
M&S announces appointment of two non-executive directors
Marks and Spencer has announced the appointment of Tamara Ingram and Sapna Sood as non-executive directors, effective 21 May. Ingram joins from a longstanding leadership career in advertising, marketing and digital communications having held leadership roles at WPP since 2002, including setting up the consumer insight division. Prior to M&S,…
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28 AprilBusiness Bites
Job support to be wound down, M&S dividend suspended, ventilator production slows, property market halts
Chancellor Rishi Sunack says he will wean the economy off his support schemes in a “gradual” wind-down, to help prevent soaring unemployment on ‘expiration day’. His announcement, made to MPs, came in response to concerns that a definite cut-off date would produce an explosion in redundancies and layoffs. Currently, the…
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28 AprilCoronavirus
Marks and Spencer suspends dividends, secures funding
Marks and Spencer has announced it will not pay a dividend for the 2020/21 financial year in its latest effort to “maximise its liquidity”. It expects the move to produce a cash saving of around £210m. The retailer revealed it has also reached an agreement with its lending banks to…
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15 AprilComment
Will Boohoo’s bubble soon burst?
It’s fair to say that Boohoo was the success story of 2019. It achieved staggering growth and is now worth more than Marks and Spencer – an incredible achievement for a relatively nascent brand. But, as it continues its market domination, you do have to wonder when the good news…
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8 AprilDepartment Stores
M&S announces series of initiatives to support NHS staff amid Covid-19
Marks and Spencer has announced a series of initiatives to support NHS staff amid the coronavirus pandemic. M&S has announced it is to donate thousands of specially branded t-shirts to form part of the uniform pack for the NHS Nightingale frontline team in London, as well as deliver clothing care…
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Mar- 2020 -24 MarchCoronavirus
Covid-19: UK retail spending to fall by £12.6bn
The impact of the coronavirus pandemic will wipe £12.6bn from retail sales this year, according to the latest forecast by GlobalData. The data and analytics company said that the figure was the equivalent of Aldi’s total UK sales last year. The total retail market for 2020 is now expected to…
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16 MarchSupermarkets
UK supermarkets appeal for ‘considerate’ spending
British food retailers have written a joint letter urging customers to practice “considerate” spending amid the coronavirus outbreak. The letter was collectively released by such retailers as Sainsbury’s, Tesco, Waitrose, Marks and Spencer, Aldi, Lidl and more, and has been published in national newspapers on Sunday (15 March) and today…
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11 MarchSupermarkets
Ex-Sainsbury’s boss warns of labour shortages amid coronavirus outbreak
Former Sainsbury’s chief executive and current non-executive director at Marks and Spencers, Justin King, has warned that supermarkets need to be “prepared” for a shortage of labour amid the outbreak of the coronavirus. According to Sky News, King said supermarkets are facing a “greater challenge than coronavirus-related panic buying”. Speaking…
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3 MarchSupermarkets
Grocery sales increase in February
UK supermarkets saw “positive growth” in February, as total till sales increased to +0.7% in the last four weeks according to new data from Nielsen. Fast moving consumer goods (FMCG) sales at the top four supermarkets also returned to growth during the month, despite sales in general merchandise declining by…
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Feb- 2020 -25 FebruaryComment
The changing face of retail in the age of digitisation
Retail: the 2020 snapshot It’s no secret that high street retail in Britain has been struggling for the past decade. Since the collapse of Woolworths in 2009, it has been clear that something, somewhere, has been going very wrong on the Great British high street. In fact, currently it is…
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