Stuart Machin news, comment and analysis – Page 10
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Comment & OpinionM&S’ turbocharged turnaround tops a series of smart moves
The opening of food stores comes on top of investment in pricing and a change in culture
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NewsM&S accelerates turnaround plan and brings forward food store opening target
In recent years, M&S has focused on opening larger-format stores in areas such as retail parks to attract more families and achieve bigger basket spending
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NewsM&S becomes latest retailer to announce second hourly pay rise of the year
M&S’s new rate still falls short of Aldi’s, the highest paying supermarket based on basic hourly minimums
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NewsFood industry unites to pay tribute to Her Majesty Queen Elizabeth II
The reaction began almost immediately after yesterday’s announcement that the nation’s longest-reigning monarch had died at Balmoral Castle aged 96
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NewsOcado Retail names Hannah Gibson CEO following Mel Smith’s shock departure
Gibson is currently chief product officer for Ocado’s technology arm
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NewsMedia Bites 22 July: Ocado, M&S, GoPuff, Britvic, Amazon
The papers give plenty of coverage to the latest Ocado results and the surprise exit at M&S of CFO Eoin Tonge.
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NewsMarks & Spencer CFO Eoin Tonge to become ABF finance director
He will succeed John Bason, who will be retiring as ABF’s finance director after more than 20 years at the company
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NewsM&S buys its logistics provider Gist to accelerate supply chain transformation
M&S had launched Project Vangarde, a supply chain optimisation programme, in 2020 in order to increase efficiency across its expanding Food business
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NewsCity snapshot: Ocado falls to £211m first half loss amid retail slowdown
Ocado has posted a £211m first half pre-tax lox amid a fall in retail sales as trading was hit by tough comparatives the rising cost of living crisis. Plus Britvic posts ‘robust’ first half growth, M&S CFO to depart and all the latest news from the City.
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NewsOcado Retail CEO Melanie Smith to depart next month
Smith has led the 50-50 joint venture between Ocado Group and M&S since 2019, when it was formed
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NewsM&S Food to lock value range prices through summer
The retailer is committing to keeping prices locked for an array of everyday essential food items, such as beef mince, spaghetti and bread
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NewsM&S Food appoints new chief commercial officer Paul Friston
As part of the M&S Food leadership team, he will report directly to new Food MD Alex Freudmann
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NewsMedia Bites 21 June: Ocado, inflation, Primark, M&S
There is plenty going on in today’s papers from a fresh injection of capital at Ocado to ABF kicking off a digital trial at Primark.
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Comment & OpinionCan new M&S Food MD Alex Freudmann fill Stuart Machin’s shoes?
Who exactly is the man entrusted with the task of taking the retailer’s strongest-performing category for years to the next level?
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NewsM&S Food marketing director Sharry Cramond to also oversee hospitality
Cramond, who has been the food division’s marketing chief for over four years, will now also oversee all 330 of M&S’s in-store coffee shops
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NewsOutgoing M&S CEO Steve Rowe bags final £1.6m bonus
His total pay packet was £2.6m, up from £1.1m in 2020/2021
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NewsM&S joins forces with national football teams for healthy eating campaign
The ‘Eat Well, Play Well’ campaign, which is set to promote positive healthy eating messages for children and adults
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NewsMedia Bites 26 May: M&S, Ocado Retail, Pets at Home
The papers report on annual results from M&S as CEO Steve Rowe hands over the reins, as well as the latest performance from online joint venture with Ocado.
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NewsM&S in ‘good shape’ to weather rising inflation, outgoing CEO Steve Rowe assures
Despite the challenges, M&S met the City’s expectations following profit upgrades earlier this year




