London, 2017-Sep-19 — /EPR Retail News/ — Further to the announcement made on 3rd May 2017, and in accordance with paragraph 9.6.12 of the Listing Rules, Marks and Spencer Group plc today (13 Sep 2017) confirms that Jill McDonald will take up the new position of Managing Director, Clothing, Home & Beauty on 2nd October…
London, 2017-Jun-02 — /EPR Retail News/ — Marks & Spencer today (01 Jun 2017) announces a major community transformation programme as part of Plan A 2025 – its new plan to support 1,000 communities, help 10 million people live happier, healthier lives and convert M&S into a zero-waste business.
The pioneering programme will see M&S work…
New eco and ethical ambition set 10 years after original 100-point five-year plan
London, 2017-Jun-02 — /EPR Retail News/ — Marks & Spencer today (01 Jun 2017) launches a new sustainability plan – Plan A 2025. The eco and ethical programme is an ambitious, customer focused plan that builds on the success of the first 10…
Average Brit says ‘yes’ to FOUR things they should say ’no’ to every day because they live in fear of letting others down
London, 2017-May-12 — /EPR Retail News/ — The UK is an ‘autopilot’ nation in danger of sleep-walking through the choices we make, according to a new cultural report released today (11 May 2017).…
LONDON, 2017-May-08 — /EPR Retail News/ — Marks & Spencer announces that Jill McDonald, currently CEO at Halfords, has been appointed to the new role of Managing Director, Clothing, Home & Beauty. Jill’s role will have overall profit and loss accountability for all aspects of the M&S non-Food business, from design and sourcing through to…
Marks & Spencer appoints Jill McDonald to the new role of Managing Director, Clothing, Home & Beauty
LONDON, 2017-May-03 — /EPR Retail News/ — Marks & Spencer announces that Jill McDonald, currently CEO at Halfords, has been appointed to the new role of Managing Director, Clothing, Home & Beauty. Jill’s role will have overall profit and loss accountability for all aspects of the M&S non-Food business, from design and sourcing through to…
36 new stores to open in next six months
Over 1,400 new jobs created
Proposal to close six stores
All colleagues in affected stores guaranteed redeployment in near-by stores
LONDON, 2017-Apr-21 — /EPR Retail News/ — Marks & Spencer (M&S) today updates on its five-year programme to improve its UK store estate to…
LONDON, 2017-Feb-14 — /EPR Retail News/ —
Marks and Spencer Group Plc
Quarter 3 2016/17 Trading Statement
13 Weeks to 31 December 2016*
Third quarter sales
Total
Like-for-like1
Food
5.6%
0.6%
Clothing & Home
3.1%
2.3%
Total UK
4.5%
1.3%
International (reported)
18.9%
International (constant currency)
2.9%
Group (reported)
5.9%
Group (constant currency)
4.3%
M&S.com (constant currency, memo only)
9.4%
*Third quarter sales are for 13 weeks to 31 December 2016 compared with 13 weeks to 26 December 2015, owing to…
LONDON, 2016-Dec-13 — /EPR Retail News/ — Marks and Spencer Group plc (“M&S”) announces that, after serving six years as Chairman, Robert Swannell has informed the M&S Board that he intends to retire in 2017. Senior Independent Director Vindi Banga will now lead a process to identify and appoint the next M&S Chairman and Robert…
LONDON, 2016-Sep-13 — /EPR Retail News/ — M&S today (12 Sep 2016) announces that it has agreed with Laura Wade-Gery that, following her maternity leave, Laura will not be returning to her position as Executive Director, Multi-Channel, and will be leaving the company at the end of September. Laura will step down from the Board with…
London, 2016-Sep-06 — /EPR Retail News/ — Marks & Spencer announces today (05 Sep 2016) that it will be entering in to consultation with its employees with regards to proposals to make significant changes to its UK Head Office structure. The proposals have been developed by M&S following a detailed review of the organization and an…
2015/16 Plan A highlights
Charity donations help reduce food waste by 9%
Plastic microbeads removed to help protect marine life
Clothing and food suppliers detailed on interactive supply chain map
Only certified sustainable palm oil used in M&S products
Nearly three quarters of M&S products have an eco or ethical quality
90% of Sparks card…
LONDON, 2016-May-26 — /EPR Retail News/ —
53 weeks to 2 April 16
change on LY
52 weeks to
26 March 16
change on LY
Group revenue
£10.6bn
+2.4%
£10.4bn
+0.8%
Underlying profit before tax1
£689.6m
+4.3%
£684.1m
+3.5%
Non-underlying items
(£200.8m)
n/a
(£200.8m)
n/a
Profit before tax
£488.8m
-18.5%
£483.3m
-19.5%
Underlying basic earnings per share1
35.0p
+5.7%
34.8p
+5.1%
Basic earnings per share
24.9p
-16.2%
24.6p
-17.2%
Free cash flow
£539.3m
+2.9%
Net debt
£2.14bn
-£84.9m
Dividend per share
18.7p
3.9%
1 Underlying results are consistent with how business performance is measured internally. Non underlying items principally include: the…
LONDON, 2016-May-12 — /EPR Retail News/ — Marks & Spencer today announces a series of changes designed to simplify its management structure in order to drive speedier decision making and move the business closer to its customers.
As part of this there have been some changes to responsibilities of the Executive Directors.
Patrick Bousquet-Chavanne becomes Executive Director of…
LONDON, 2016-Apr-18 — /EPR Retail News/ — Archive by Alexa brings together a modern icon of British style Alexa Chung, and a long standing icon of the British high street, Marks & Spencer.
This is a unique approach to a collaboration. Using the rich and extensive Marks & Spencer Company Archive in Leeds*, Alexa and the M&S…
LONDON, 2016-Apr-07 — /EPR Retail News/ —
Marks and Spencer Group Plc
Quarter 4 2015/16 Trading Statement
13 Weeks to 26 March 2016
‘Another good quarter in Food; more to do in Clothing and Home’
Food sales continue to outperform the market
Sales +4.0%; LFL +0.0%; grew market share to 4.3%
New store opening programme performing ahead of expectation
Significant…
LONDON, 2016-1-11 — /EPR Retail News/ — Marks and Spencer Group plc today announces that Marc Bolland has informed the Board that, after six years in the role, he wishes to retire as CEO in 2016.
Marc will be succeeded as CEO by Steve Rowe, Executive Director of General Merchandise. Marc Bolland will remain CEO and…
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,…