Steve Rowe
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M&S has received backlash following former CEO Steve Rowe’s recent bonus, with almost 30% of investors voting against the approval of its remuneration report.
The annual general meeting saw almost…
Read MoreM&S Food profits rise by 10% as grocery market share increases
M&S Food reported a 10.1% increase in food sales and growth in its grocery market share as the retail group delivered a “strong all-round performance” with both sales and profits…
Read MoreM&S donations to Ukraine reaches £2.6m
Marks and Spencer head of partnerships Jo Daniels has announced that M&S’ total donations have reached £2.6 million after customers donated £1.1 million.
The retailer revealed over 30,000 customers had…
Read MoreCo-op, M&S and Unilever CEOs among business leaders signing diversity pledge
CEOs from the Co-operative Group, Marks and Spencer and Unilever are among the business leaders who have signed a diversity pledge with the aim of inspiring others to do the…
Read MoreM&S ‘extends reach’ with supply deal for 2500 Costa Coffee stores
Marks & Spencer is to sell food in around 2500 Costa Coffee stores after striking a deal with the country’s largest café chain.
From next year, the grocer will supply…
Read MoreM&S shares up 28% in month after return to profit
Marks & Spencer’s share price has soared after reporting a half-year profit of almost £160 million.
The 30 per cent increase from last year, when the retailer made its first…
Read MoreSupermarket heads downplay festive supply fears
Supermarket bosses have promised a “Christmas to remember” as they downplayed fears that dinners would be hit by the supply chain crisis.
Sainsbury’s, Waitrose and Marks & Spencer all struck…
Read MoreM&S raises profits outlook but warns over soaring supply costs
Marks & Spencer has increased its annual profits outlook for the second time in less than three months after a sales rebound, but warned over surging costs and disruption due…
Read MoreM&S admits net zero target ‘won’t be easy’
Marks & Spencer will attempt to go one better than Tesco by beating its environmental targets by a decade.
Last week, the Big 4 grocer revealed “ambitious” plans to reach…
Read MorePingdemic ‘**** show’ stalls UK recovery
Britain’s economic recovery lost momentum two months ago when the final lockdown restrictions were lifted.
Despite “Freedom Day” in England on July 19, when capacity limits were scrapped and nightclubs…
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