Is your local M&S closing? Full list of the store closures announced today January 31, 2018 Marks and Spencer announced this morning that it is shutting down a raft of its stores. Here is a full list of the stores set to close by the end of April: Stores closing by April Birkenhead Bournemouth Durham Fforestfach Putney Redditch M&S said staff from these stores will be moved to other outlets nearby. [...]
Instagram is launching a shopping service in the UK today March 20, 2018 Instagram today launches a shopping service on its platform, giving retailers the opportunity to turn their posts on the social media site into solid sales. Mobile sales have become a significant source of growth for retailers, and now businesses will be able to direct customers to their own websites through tagged posts on Instagram. Instagram [...]
How do you solve a problem like M&S: What Steve Rowe is pledging to do to fix Marks & Spencer May 25, 2016 Another day, another set of terrible results for Marks & Spencer, which this morning revealed pre-tax profits had slumped by almost a fifth over the last year. As with every other update in the last four or five years, the retailer experienced strong sales in food and a disappointing in clothing. But unlike other results, today's figures [...]
Marks and Spencer chairman rejects demand for reversal of company’s benefit cuts January 9, 2017 The chairman of high street stalwart Marks and Spencer has defended the company's decision to cut some of the benefits it offers to employees. Last year M&S staff were asked to sign new contracts ending benefits such as double pay for employees working on Sundays. MPs asked to meet M&S chief executive Steve Rowe to discuss the changes, [...]
Retail job losses could number 15,000 as industry strains under cost pressures March 1, 2018 At least 15,000 retail sector jobs have either been slashed this year or are now at risk as household names sink into administration, according to calculations by City A.M. Toys R Us and Maplin went into administration yesterday, putting more than 5,500 jobs in doubt. The double-whammy for the industry comes after fashion chain East [...]
Supermarket wines from Aldi, Asda, Tesco, Waitrose, Marks & Spencer and others uncork victory at International Wine Challenge May 11, 2016 Supermarket wines won big yesterday at the 2016 International Wine Challenge (IWC), with budget grocers Aldi and Asda joining premium brands such as Waitrose and Marks & Spencer in the gold-winning big leagues. Gold medals were award to 28 wines created for supermarkets in total at the world-renowned competition, which included offerings from Aldi, Asda, [...]
Guess which British stalwart has just been named the UK’s favourite brand again February 27, 2017 British Airways may have hit some turbulence thanks to the weak pound, but when it comes to its brand value, the airline is sailing smoothly on, after it topped a ranking of the UK's favourite brands – again. It's the fourth year in a row BA has topped the Superbrands index, an annual survey of consumers' views [...]
Brits stick together as British Airways says it will start selling Marks and Spencer food on board September 30, 2016 There was good news and bad news for British Airways (BA) passengers today after the airline announced that it will serving up Marks and Spencer food on its short-haul flights from next year, but customers are going to have to pay for it. Following the lead of low-cost airlines, complimentary snacks will be a thing of the [...]
John Lewis’ staff bonus has fallen again after a weak performance in 2017 March 8, 2018 The company which owns John Lewis and Waitrose has cut its staff bonus to five per cent of salary this year, after a disappointing performance in 2017. The bonus, which is given out to all staff of the John Lewis Partnership under its employee-owned model, was six per cent last year, down from 10 per [...]
Former Marks & Spencer boss Marc Bolland tipped to take up director role at British Airways owner IAG April 25, 2016 Marks & Spencer's former chief executive Marc Bolland is tipped to be named as a non-executive director of International Airlines Group (IAG), the owner of British Airways. An announcement about his appointment could be made as soon as this Friday, Sky News has reported, when IAG unveils its first-quarter results, according to headhunting industry sources. It [...]