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Marks & Spencer are hoping that tailoring new formats in stores to the needs of the local customers will encourage more shoppers through their doors. The trading environment is extremely tough at the minute and M&S are looking to build on their 13% rise in their full year profit figures. As well as being the [...]  While quite a few of the U.K.’s largest retailers reported significant losses due to bad weather up to and during the holidays, Marks & Spencer says they did pretty well, considering. Marc Bolland, chief executive of M&S, said that employees had done a good job of “minimising disruption” to customers, and the company had “traded [...] Marks & Spencer’s will be spending around £900 million to improve business in the UK. It was announced that the company, who has nearly 1000 stores, will be increasing its clothing brand while cutting out about 300 other non-food lines. The announcement is touting M&S strengths, as reports indicate that business is up for the company [...] Marks & Spencer staff are expected to receive an overall bonus share that will total up to £81m after the largest clothing retailer in Britain reported a 4.6% increase in year on year profits stating that trading is satisfactory. However, chairman for M&S, Sir Stuart Rose, stated that any consumers that are worried about the Budget [...] The finance director of Marks & Spencer has quit just one day prior to the new chief executive taking control of the company. Ian Dyson, who was the leading candidate for the position taken by Marc Bolland has chosen to leave in order to take on the position of chief executive of Punch Taverns. Bolland, did [...] One of the largest clothing retailers in Britain is about to take on its rival Marks & Spencer by offering a new much more generous policy on high street for shoppers that want to return goods. Starting in the middle of this week, the George at Asda supermarket label will release its new permanent 100 day [...] |
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