Marks & Spencer updates on the growth plans for its China business

LONDON, 2015-3-3 — /EPR Retail News/ — Marks & Spencer has today provided an update on the growth plans for its China business. In line with prior announcements Marks & Spencer has today confirmed that:

  • Marks & Spencer has a firm intent to enter key cities such as Beijing and Guangzhou from 2015/16.
  • It will continue to invest in its existing flagship store portfolio with the complete modernisation of its flagship store on West Nanjing Road in Shanghai during the autumn.
  • As announced in April 2014, Marks & Spencer has reviewed the shape of its existing store portfolio to ensure its best aligned with its strategic growth plans. As a result, Marks & Spencer has taken the decision to close five of its supporting stores in the greater Shanghai region by August 2015. It has also reviewed its head office resource structure in line with growth plans.
  • Continuing its ‘bricks & clicks’ strategy, Marks & Spencer is leveraging E-commerce to strengthen brand awareness and reach across the country. Following the popularity of its online stores on China’s leading websites, which during the last quarter saw its sales on TMall.com increase by 200% on last year, Marks & Spencer launched a new dedicated kidswear store on TMall.com and a new clothing store on JD.com in January.
  • For the long term M&S is in the process of evaluating potential partners as first set out at its International Investor Seminar in April 2014.

HONG KONG & MACAU

  • In line with its International strategy to focus on its flagship stores, Marks & Spencer will invest in modernising its stores in Hong Kong during 2015/16.
  • Marks & Spencer will expand its Food store portfolio at convenient travel and city locations in Hong Kong during 2015/16. Since its update last year, Marks & Spencer has opened three Food standalone stores in Hong Kong during 2014/15, which have seen sales per square foot in line with its best performing Food stores in the UK.
  • Marks & Spencer will also grow its presence in Macau with the opening of a new 1,000 square metre store at The Venetian Mall in November 2015.

Patrick Bousquet-Chavanne, Marks & Spencer’s Executive Director, Marketing & International, said: “Last year, we reaffirmed our commitment to our Greater Chinese business and set out clear strategic plans. Today we can share more details of our continued investment across our priority markets of China, Hong Kong and Macau. This includes the modernisation of our flagship stores, entering new key cities, growing our Hong Kong Food store portfolio and expanding our reach across China through new sites on TMall.com and JD.com.”

-Ends-

For further information, please contact:

Tiffany Hu
Ketchum Shanghai
Telephone: +86 21 63532288 x 131
Email: tiffany.hu@ketchum.com

Emma Johnson
M&S International Corporate PR
Telephone: +44 (0)20 8718 1980
Email: emma.johnson@marksandspencer.com

Corporate Press Office
Telephone: +44 (0)208 718 1919
Out of Hours: +44 (0)208 718 2000

Notes to Editors

Further details on today’s update:

Marks & Spencer China

  • Marks & Spencer’s first store opened in China in 2008.
  • M&S Changzhou Wanda Plaza, Changzhou and M&S Wuxi Jiangyin Wanda Plaza, Wuxi, will close on 9 March 2015. M&S Jiangqiao Wanda Plaza, Jiading, M&S Wenzhou, and M&S Changzhou InJoy City, Changzhou will close between March and August 2015. Employees of these stores and the supporting head office functions will be fully supported during this process.
  • Marks & Spencer launched its online flagship store on TMall.com in January 2013 offering clothing and food products. This was followed by the launch of its wine E-shop on JD.com in May 2014. In January, Marks & Spencer launched its new dedicated kidswear store on TMall.com offering over 300 quality, stylish kidswear lines and for the first time offer over 600 clothing products on JD.com.

Marks & Spencer Hong Kong & Macau 

  • Marks & Spencer opened its first Hong Kong store at the Ocean Centre shopping mall in May 1988 and now has 18 wholly-owned stores in Hong Kong. M&S opened its first Marks & Spencer Food store in Hong Kong at Wanchai in 2010 and currently has four standalone Food stores.
  • Marks & Spencer opened its first store in Macau at the Cotai Strip Resorts Macao in August 2014.

About Marks & Spencer: 

  • Marks & Spencer is one of the UK’s leading retailers. M&S sells high quality, great value clothing and home products as well as outstanding quality food.
  • Established in 1884, Marks & Spencer currently has over 840 UK stores and over 480 international stores across 59 territories in Europe, the Middle East and Asia.
  • For more information please visitwww.marksandspencer.com/corporate

Marks & Spencer announces details of its five point action plan to tackle the industry-wide challenge of reducing levels of Campylobacter in whole chickens

  • Five point action plan rolling out across M&S supply chain
  • M&S plan implemented since September already seeing step change in results

LONDON, 2014-11-21 — /EPR Retail News/ — Marks & Spencer (M&S) today announces details of its five point action plan to tackle the industry-wide challenge of reducing levels of Campylobacter in whole chickens.

The measures, which have been in place for the majority of M&S chickens sold since the end of September, include even clearer front-of-pack labelling and double bagging whole chickens so they can be placed straight into the oven without the need to unwrap and handle the chicken. Action is also underway on M&S farms with bonuses paid to farmers who produce Campylobacter free farms and innovative new safety technology in place on the production line.

Steve Rowe, Executive Director of Food at Marks & Spencer, said: “We take safety extremely seriously and have introduced innovative measures that ensure the highest standards and make it easy for our customers. The plan is working and we are committed to playing a leading role in the efforts to reduce levels of Campylobacter in the poultry industry.”

Steve Wearne, Director of Policy at the Food Standards Agency, said: “I am very pleased to see this impressive initiative by M&S and 2 Sisters. Campylobacter is a serious issue and there is no single solution to the problem. I believe the best way to drive down Campylobacter levels is by adopting the sort of integrated approach along the food chain demonstrated by M&S and 2 Sisters. I look forward to seeing the impact of these interventions in the future results of our ongoing survey into levels of Campylobacter in chicken on retail sale.”

Ranjit Singh, Chief Executive of 2 Sisters Food Group, said: “We are delighted to be leading the way in partnership with Marks & Spencer on campylobacter reduction.”

The M&S five point action plan has been implemented with 2 Sisters Food Group (M&S’ biggest supplier of whole chickens) since the end of September and will be rolled out to the remainder of the M&S supply chain by the end of the year.

– Ends –

For further information, please contact:
Marks & Spencer
M&S press office – 0208 718 1919
corporate.press@marks-and-spencer.com

2 Sisters Food Group
Nick Murray, Head of Communications
M: 07876 577282
Email: nick.murray@2sfg.com

Marks & Spencer installs UK’s largest single roof mounted solar panel array on its East Midlands distribution centre in Castle Donington

LONDON, 2014-10-23— /EPR Retail News/ — Marks & Spencer (M&S) has announced that it is installing the UK’s largest single roof mounted solar panel array on its East Midlands distribution centre in Castle Donington.

The project, which is expected to be completedin early 2015, is being worked on in partnership with Amber Infrastructure. The solar PV system will span the site’s 900,000 sq ft roof and will generate over 5,000 MWh of electricity per year, enough to power 1,190 houses.

The 24,272 PV panel structure will lower M&S’s carbon footprint by 48,000 tonnes over 20 years. The energy generated will be enough to make the fully automated distribution centre, which is big enough to hold 11 football pitches, close to self-sufficient during daylight hours.

The solar PV roof is one of a number of onsite renewable projects set to be announced by M&S over the next 12 months.These projects will helptake the retailer one step closer to fulfilling its commitment to ensure 50% of the electricity used in our building operations comes from small scale renewable sources by 2020.

Hugo Adams, Director of Property at M&S, said:

“This further enhances the sustainability credentials of our BREEAM Excellent Castle Donington site. Coupled with one of Europe’s largest solar thermal walls, the new solar PV system will make the building one of the most sustainable distribution centres in the world. We look forward to working with Amber Infrastructure on what is an industry leading project in terms of scale.”

Amber Infrastructure will be supplying and installing the 6.1MWp solar panel system. M&S has agreed a 20 year Power Purchase Agreement to purchase all of the electricity generated by the solar PV system.

Tom O’Shaughnessy, Partnerat Amber Infrastructure, said:

“M&S’s Plan A commitment is industry leading. The project is aligned with Amber’s pioneering approach to the provision of renewable generation and energy efficiency solutions and will create a template for the delivery of similar schemes across the UK, supporting the stated objectives of DECC and wider UK Government. We look forward to revealing the finished array in 2015.”

– Ends –

About Plan A
Plan A is Marks & Spencer’s 100 commitment eco and ethical programme that tackles both today’s and tomorrow’s sustainable retail challenges. Launched in 2007, the plan has helped M&S send no waste to landfill, become carbon neutral and win 190 industry awards. Organised around four pillars – Inspiration, In Touch, Integrity and Innovation – it aims to make M&S the world’s most sustainable major retailer. To find out more please visit the Plan A website –http://corporate.marksandspencer.com/plan-a.

For further information on M&S, please contact:

Berry Yirrell, Press Officer
0208 718 0758

Amber Green
Amber Green is the specialist brand and team created by Amber Infrastructure to advance Amber’s work in the energy efficiency, renewable generation, regeneration and sustainability arenas. Amber Green manages three JESSICA funds on behalf of the European Union, UK Government and the European Investment Bank (EIB).

Amber ISIS Renewable Energy
Amber ISIS Renewable Energy (AIRE) is a joint venture between Amber Infrastructure, a specialist infrastructure management company, and the principals of ISIS Renewables, an experienced renewable project developer.

AIRE is a developer and financial advisor for projects which target the reduction of carbon emissions, energy consumption and energy costs for commercial and institutional clients.

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Marks & Spencer to reduce its carbon footprint by over 6,400 tonnes with the acquisition of 35,000 Mega-Watt hours of biomethane certificates

LONDON, 2014-9-9 — /EPR Retail News/ — Marks & Spencer (M&S) has agreed a landmark deal with Future Biogas for the purchase of 35,000 Mega-Watt hours of biomethane certificates, a move which will reduce its carbon footprint by over 6,400 tonnes and source the equivalent amount of energy to heat 15 M&S Simply Food stores all year round.

Biomethane gas is 50 per cent more carbon efficient than average gas supplies and is generated by anaerobic digestion, fuelled by farm waste. The biomethane gas will be produced at the Vulcan Anaerobic Digestion (AD) plant near Doncaster using break crops (non-commercial crops used for soil regeneration) from farms across Yorkshire and the North East. The gas is then pumped into the national grid. M&S’ deal with Future Biogas funds the production and M&S benefits from the carbon reduction through the certification scheme.

It also provides significant revenues for farmers, giving break crops a commercial route to market not previously available.

Gio Patellaro, M&S Head of Energy Supply & Risk said:
“Over the past couple of years, M&S has worked tirelessly to improve its carbon efficiency and innovate in sustainability. As the first UK retailer to buy biomethane to use in this way, we are blazing a trail in the market place that we hope others will follow. With the help of Future Biogas, this deal takes us one step further in our commitment to ensure 50% of the energy used in M&S buildings comes from certified green biomethane sources by 2020.”

Since the inception of its “Plan A” programme, M&S has been a leader and innovator in supporting a renewable energy generation, including contracting directly with renewable generators under its award winning Price Guarantee Agreement structure.

Philipp Lukas, Future Biogas Managing Director said:
“We are thrilled to be working with Marks & Spencer on this exciting and new venture. We look forward to supplying biomethane to M&S to help them deliver their market leading commitment to carbon reduction.”

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Note to editors:

About Plan A
Plan A is Marks & Spencer’s 100 commitment eco and ethical programme that tackles both today’s and tomorrow’s sustainable retail challenges. Launched in 2007, the plan has helped M&S send no waste to landfill, become carbon neutral and win 190 industry awards. Organised around four pillars – Inspiration, In Touch, Integrity and Innovation – it aims to make M&S the world’s most sustainable major retailer. To find out more please visit the Plan A website.

M&S – Corporate media enquiries
Berry Yirrell, Marks & Spencer Press Office
020 8718 1919
berry.yirrell@marks-and-spencer.com

High Tax Payers Are Taking Advantage Of Discount Vouchers To Make Up For Lost Earnings

DiscountVouchers.co.uk, the top site for discounts in the UK recently reported that big money earners are saving cash by using discount vouchers. The site said that visitors were at an all time high last month with over two million shoppers logging on. Around 61% of these came from high income groups.

The data was released came just as the BBC* revealed that results of its latest research shows that 1.6 per cent of UK households are suffering a loss of income after tax deductions compared with earnings in 2008. The loss amounts to as much as£365 each year. Higher earners are being hit even harder because of lower interest, tax hikes and a loss of benefits, making them worse off by about 3.8% (£2230).

Simon Terry, director of DiscountVouchers.co.uk, says: “Money saving vouchers have always been popular with low earners but now the savvy rich earners are using them to make savings elsewhere to compensate for recent Government tax increased, rising prices and lower interest rates.”

“A huge array of retailers, from supermarkets to restaurants and travel companies are offering discounts and at a time when shoppers are losing a large portion of income right across the earning brackets, it couldn’t come at a better time.”

Massive savings from 10% to 50% and up are being offered by huge names like Marks & Spencer, House of Fraser, Tesco, Lastminute.com, Boden and Pizza Express.

DiscountVouchers.co.uk is Britain’s favourite when it comes to money saving websites, offering customers in excess of 4,000 live deals from over 800 different names each day.

Via EPR Network
More Retail press releases

UK shoppers able to get more for their money through using popular online voucher codes service

DiscountVouchers.co.uk, the leading retail vouchers site, has introduced its latest batch of deals and offers to help the country’s consumers to save on essential items from top stores. The site is now home to new retail deals for money off fashions, accessories, family holidays and other items.

Among the deals on show on the popular voucher codes website right now are –

• First Choice – Save up to £500 on holidays this winter
o DiscountVouchers.co.uk is helping Brits to save on top brand winter holidays from First Choice. Consumers can look forward to up to £500 off winter holidays for all the family with destinations covered including Mexico, the Dominican Republic and Cuba.

• Boden – 10% off all orders
o Savings galore on top fashions from Boden, with DiscountVouchers.co.uk offering this deal covering free delivery and free returns plus also 10% off every purchase from Boden.

• Expedia – Save £70 off flight & hotel packages on bookings of £500 or more worldwide
o Anyone planning on a summer holiday who needs to save can use this deal for getting up to £70 off Expedia holidays which combine flights and hotels. The money-off deal encompasses all Expedia beach vacations, city breaks and luxury ‘holidays of a lifetime’.

• Debenhams – Up to 25% off all orders in the New Season launch
o Debenhams remains as popular a store as ever, and shoppers can look forward to 25% off there. This new deal covers Debenhams fashions, homeware, cosmetics and more plus free delivery.

• Marks and Spencer – £5 off all kidswear orders of £30 or more
o Money off clothing for the children from the leading store Marks and Spencer with this new deal. Log on to DiscountVouchers.co.uk to get hold of £5 off each spend of£30 or more.

• Activity Superstore – EXCLUSIVE 50% Off Vineyard Experience
o Exclusive to DiscountVouchers.co.uk, 50% off ‘the vineyard experience’ from the Activity Superstore plus lunch for two at the great price of just £44.50.

• MyBag.co.uk – 10% off new Spring/Summer bags & accessorieso Get kitted out with new bags ahead of spring and summer with an offer for enjoying 10% off at MyBag.co.uk. Shoppers are able to save on top names and styles from the likes of Diesel, Fiorelli, Ted Baker and French Connection.

Via EPR Network
More Retail press releases