An introduction to Games Workshop, from Warhammer 40k to Blood Bowl December 27, 2022 Across the world Christmas stockings will have been filled with inch-high wizards and goblins made by Games Workshop. The Nottingham-based company has a share price higher than that of Marks & Spencer, and while supply chain issues and rising production costs have seen it slip from its pandemic peak, it continues to be one of [...]
M&S to close French high street stores after Brexit red-tape September 16, 2021 Marks & Spencer will shut 11 of its French stores because of supply issues with fresh and chilled foods after Brexit. The supermarket said it would close all franchise stores operated with partner SFH in the country by the end of the year. Nine stores at travel hubs would remain open but supply chain problems [...]
M&S pledges to be fully net zero on carbon emissions by 2040 September 30, 2021 Supermarket Marks & Spencer has committed to becoming fully net zero in carbon emissions by 2040, a decade ahead of a national government target. The retailer set out plans for rapid decarbonisation of its operations that will cut its carbon footprint by a third by 2025, from a 5.7m tonne 2017 baseline. M&S has reset [...]
How to discover new wines without breaking the bank July 15, 2021 When it comes to choosing a wine, people tend to stick to what they know. A recognisable wine like a Malbec or a Sauvignon Blanc can feel like a safe bet, or you may be wary of mispronouncing a wine you have never seen before to that snooty looking waiter. Restaurants know the more popular [...]
Marks & Spencer tipped to drop out of FTSE 100 amid high street troubles September 1, 2019 Marks & Spencer is poised to drop out of the FTSE 100 later this week in a market reshuffle that sheds light on the troubled retailer’s tumbling share price. One of 28 original constituents still in the FTSE 100, M&S is expected to be relegated to the FTSE 250 on Tuesday following a sharp drop [...]
Retail therapy gives markets a lift as battle to contain inflation genie starts in earnest May 27, 2022 European markets spent most of yesterday edging cautiously higher, with the FTSE100 shrugging off the UK government’s decision to impose a 25 per cent windfall tax on the oil and gas sector, while at the same time unveiling a fiscal stimulus package. The decision to impose the controversial tax appears to have prompted a review [...]
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 [...]
Ocado shares plummet 10 per cent as investors show anxiety towards ‘resilient’ growth February 8, 2022 Ocado’s shares are taking a beating this afternoon, with investors appearing unimpressed by group revenue and international expansion. Despite the online retailer reporting that group revenue was up 7.2 per cent to £2.5bn for the full year, shares plummeted as much as ten per cent this morning. It comes after Ocado, which is a 50:50 [...]
Hot under the collar: Ocado pins revenue tumble on warehouse fire September 14, 2021 Online supermarket Ocado has pinned a revenue dive over the last quarter on a fire at one of its London warehouses, in its latest trading update today. The fire, at its south London Erith Customer Fulfilment Centre in July, cost Ocado some £35m in revenue, it said in a statement – the equivalent of 300,000 [...]
City Moves: Who’s switching jobs in the Square Mile today? December 1, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Two Magnolias UK-focused venture capital investor Two Magnolias has posted the former UK head and European president of BP to its board. Peter Mather, who will chair the board, will help Two Magnolias close its new £50m sustainability [...]