Stuart Machin news, comment and analysis – Page 9
-
NewsM&S to raise shopworker pay for third time in 18 months
The latest rise is a £57m investment in shopworker pay, according to M&S
-
NewsDefra meeting with supermarkets over fruit & veg shortages ‘achieves little’
Retail bosses are understood to have been irritated by headlines at the weekend saying they were being ‘hauled in front’ of ministers to explain fruit & veg shortages
-
Analysis & FeaturesHomeless to hired: taking a chance on different candidates
Homeless people, prison leavers, and veterans are often out of work due to a mix of stigma and circumstance. Now companies are looking to change that
-
NewsM&S CEO Stuart Machin joins calls for reform of Apprenticeship Levy
M&S would be able to train more young people without the levy system, according to Machin
-
NewsM&S extends price-lock campaign as CEO writes to customers promising value
M&S launched an earlier round of price locks on over 100 popular products in November, lasting until the end of January
-
Comment & OpinionWhy M&S’s new stores are working so much better for the retailer
M&S is no longer a ‘variety store’. Getting its SKU count right and leaving town centres is paying off
-
NewsM&S to open 20 ‘bigger and better’ stores by April 2024
Eight will be full-line stores selling M&S’s complete clothing, home and food ranges
-
NewsCity snapshot: Tesco Christmas sales jump despite cost of living crisis
Tesco has overcome ‘tough times’ for consumers to post strong broad-based growth in the run-up to Christmas. Plus, food and clothing grow at M&S, Hilton Food Group enjoys strong Christmas and all the rest of the latest news from the City
-
NewsSupermarkets call on government to ramp up renewable energy investment
The leaders of Tesco, Morrisons, M&S and Co-op, among others, have asked PM Rishi Sunak to prioritise incentives to encourage greater investment in renewables
-
Analysis & FeaturesWhy M&S is putting ‘Snickers before knickers’
M&S is turning its focus to food and out-of-town retail parks under its store renewal programme. It’s controversial, but the strategy seems to be working
-
NewsM&S names Jeremy Townsend interim CFO as Eoin Tonge heads to ABF
Tonge is officially stepping down from the board on 9 December, with Townsend taking over. He will report to Machin
-
News‘Daylight robbery’: retail chiefs call on chancellor to freeze business rates
The upcoming 10% business rates increase – in line with inflation – is expected to bring in an extra £3bn to the Treasury
-
NewsM&S reinstates Christmas food ordering service on island of Ireland
M&S cancelled the service due to Brexit-linked supply chain disruptions last year
-
NewsMedia Bites 14 November: Autumn Statement, M&S, Morrisons
It is a quiet weekend in the papers for fmcg news as headlines focus on the upcoming Autumn Statement.
-
NewsCity News: M&S share renaissance falters on downgrades
A recent renaissance for Marks & Spencer shares came to an end this week as the retailer warned conditions on the high street would be even more challenging next year, with margins under pressure across the sector.
-
NewsCity snapshot: Rising costs dent M&S food profits and slowing demand pushes Ocado Retail into the red
Profits have shrunk in Marks & Spencer’s food operation and its online joint venture with Ocado fell to a loss, with the group warning that market conditions would become even more challenging next year.
-
NewsSupermarket supply chain emissions rise despite pledge to halve environmental impact
A report by WWF, billed as the most comprehensive study to date of the food sector’s contribution to climate change, found Scope 3 supply chain emissions had risen by 5%
-
NewsM&S Food extends price lock commitment until next year
The retailer is locking the prices of over 100 “customer favourites” until the end of January 2023
-
NewsMedia Bites 24 October: Morrisons, staff shortages, Deliveroo
Morrisons owner CD&R is seeking to sell and lease back five supermarkets in what is thought to be the first such deal to be sanctioned in the Bradford-based grocer’s 123-year history
-
NewsMedia Bites 17 October: Pound/Chancellor, Tesco, Kroger, Beyond Meat
The pound and UK government bond yields have recovered in anticipation of a key statement from the new chancellor