Why Marks & Spencer’s investors haven’t all revolted on Marc Bolland (yet) in two charts January 15, 2015 Marks & Spencer's chief executive Marc Bolland has come in for a pounding yet again, after the retailer revealed another set of dismal results last week. Like-for-likes in general merchandise, which includes clothing, fell 5.8 per cent for the 13 weeks to December 27, the 14th consecutive quarter M&S has recorded declines in this division. [...]
M&S share price tumbles as Christmas delivery woes send sale figures plunging January 8, 2015 Delivery problems over the Christmas period have been blamed for poor quarterly results at Marks and Spencers, which sent shares tumbling by more than 3.5 per cent yesterday. The firm reported that sales of general merchandise, which included clothing and homewares, fell 5.4 per cent in the three months to 27 December, while international sales [...]
Tesco soars as M&S suffers a slump on buoyant trading – London Report January 8, 2015 LONDON’S shares rallied strongly yesterday, amid a broad-based global equities rally, with supermarkets topping the FTSE 100 gainers after Tesco outlined plans to try to revive its fortunes. The FTSE 100 closed up 2.3 per cent at 6,569.96. Tesco was the best-performing stock on the FTSE 100, closing up 15 per cent at 209.25p. The [...]
Marks & Spencer share price falls as retailer records 14th consecutive quarter of clothing woes January 8, 2015 Marks & Spencer's share price fell more than 2.2 per cent in early trading, after the struggling retailer revealed below-expectations results. Online delivery delays and "unseasonal conditions" proved to be a nightmare before Christmas for Marks & Spencer, as general merchandise sales slumped for the 14th consecutive quarter. Like-for-like sales in general merchandise – which [...]
M&S share price suffers after downgrade ahead of third quarter results January 5, 2015 Marks & Spencer shares fell over three per cent in mid-afternoon trading after a downgrade by investment bank Societe Generale and as it prepares to report third quarter sales figures later this week. The British retailer started the new year on the back foot after analysts at Societe Generale took the stock rating from "buy" to [...]
Christmas 2014: Amazon delivering until December 24, while Marks & Spencer, House of Fraser and Asos face capacity problems December 16, 2014 Worried you've left it too late to order Christmas presents online? You need to get your skates on if you want to avoid paying for special delivery, but some retailers are offering premium services up to the last minute. A new survey of retailers has found a number of businesses that promise to deliver [...]
Mark & Spencer suffers Christmas delivery delays to online shopping orders after Black Friday bonanza December 9, 2014 Mark & Spencer's online customers are set to be disappointed this Christmas shopping season, as they face longer waiting times for online deliveries. Standard deliveries will now take up to two weeks, according to the retailer's website, as opposed to the normal five-day waiting period. The delay follows shopping bonanza Black Friday, on 28 November, [...]
Shoppers face longer delivery times from M&S December 8, 2014 MARKS & Spencer’s online customers are set to be disappointed this Christmas shopping season, as they face longer waiting times for online deliveries. Standard deliveries will now take up to two weeks, according to the retailer’s website, as opposed to the normal five-day waiting period. The delay follows the shopping bonanza Black Friday, on 28 [...]
YouTube ranking: John Lewis, Sainsbury’s, Burberry and Marks and Spencer have the best Christmas ads of 2014 December 2, 2014 It’s only the second day of December, but we've already been treated to a sneak peak of the joy ahead for the Christmas season via the medium of advertising. This year, retailers battled it out with penguins, soldiers and celebs in a bid to get the public into the festive spirit and spend their pennies- although [...]
Which supermarket wine wins top of the shops? Corks pop as M&S nets 73 medals December 2, 2014 Here's one thing the discounters aren't winning at. Aldi may just have launched its own range of fine wines, but this Christmas we'll be raising a toast to Marks & Spencer, which has just netted 73 medals at the International Wine Challenge (IWC). The supermarket won five gold medals, 21 silvers and 47 bronzes for [...]