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M&S appoints Chris Laylor

Wednesday, April 13th, 2011

M&S has appointed Morrisons Chris Taylor to run its 360-strong Simply Food convenience store business.
His appointment is the third senior hire made by chief executive Mark Bolland this year, joining international boss Jan Heere and Laura Wade-Gery, who joined in February to oversee the retailer’s digital operations.
The departure of the former business development director will […]

M&S reveal good half year profits

Friday, November 12th, 2010

Marks & Spencer have revealed its sales were up 5.4% at £4,569.7m, with UK like-for-like sales +4.4%, and food +3.8%, in their half-year results.
Commenting on the results, Marc Bolland, chief executive, said: “Marks & Spencer has had a strong first half. Profit before tax was up 17%, earnings per share up 21%, and the Board […]

M&S shareholder backs Sir David Michels to replace Sir Stuart Rose

Monday, June 29th, 2009

Marks & Spencer shareholder the Local Authority Pension Fund Forum (LAPFF) is backing Sir David Michels to replace Sir Stuart Rose as the retailer’s chairman.
Michels, currently deputy chairman and senior independent director at M&S, said he wanted the role earlier this month.
Michels’ interest could prove controversial because he is in charge of finding a successor […]

Marks & Spencer - list of store closures

Monday, January 12th, 2009

Earlier this week Marks & Spencer announced it will be closing 27 stores after posting a 7.1% sales drop, meaning over 1,200 jobs will be lost.
The firm said 25 Simply Food stores are to close in a bid to reduce operating costs. They are based at:
• Grafton Centre, Cambridge
• Bracknell
• Torquay
• Imperial Wharf
• Harbourside Bristol
• […]

M&S drive highlights plastic bag success

Tuesday, August 26th, 2008

Marks & Spencer is today launching an in-store ad campaign to highlight the success to date of its scheme to charge for plastic bags.
Window displays in more than 150 stores will reveal that customers of the retailer have reduced carrier bag usage by 80 per cent, saving 100 million carrier bags from landfill sites.
The campaign […]

M&S profits break £1bn barrier

Wednesday, May 21st, 2008

Results better than expected given tough trading conditions.
Pre-tax profit for the 52 weeks to 29 March rocketed by 20.5 per cent to £1.13bn. Sales rose by 5% to £9bn, aided by new space in the UK. International sales grew by 16.8%.A 6.8% increse in food sales boosted a fourth quarter UK sales rise of 3.7%.
Sir […]