Marks and Spencer

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…

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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…

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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.…

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Laura Ashley reports ‘disappointing’ £4m loss

Fashion retailer Laura Ashley has reported losses before tax of £4m for the half-year period ended 31 December 2019. The…

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M&S warns landlords it may close loss-making stores

Marks and Spencer has reportedly warned landlords that it will shutter loss-making stores, in a move that may see the…

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West country vacancy rates hits double-digits in 2020

The west country has seen the largest increase in retail vacancy rates in the UK, rising from 9.6% in 2016…

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M&S to shutter two distribution centres putting almost 700 jobs at risk

Marks and Spencer has announced plans to shutter two of its distribution centres in spring 2021, putting nearly 700 jobs…

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Frasers Group backs BRC’s calls for government review of business taxes

Frasers Group has backed the campaign by the British Retail Consortium (BRC) and 52 other retailers calling for the government…

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M&S appoints Eoin Tonge as new CFO

Marks and Spencer has appointed Eoin Tonge as its new chief financial officer. Tonge is currently the CFO of Greencore…

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Ocado ditches Waitrose; Bill gates orders £500m beast-yacht; Boris to lower immigration wage threshold

A busy start to the week in the business pages. As the coronavirus story unfolds I am reluctant to spend…

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