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Tag: Steve Rowe

New back to basics plan

M&S shifts back to family-aged customers as sales fall

Holly Willoughby M&S
Holly Willoughby is the new face of M&S   Marks & Spencer is make a shift back towards older, family-based customers as it tackles another slip in sales across theRead More

As I See It

M&S back to the drawing board on break-up plan

M&S label
Marks & Spencer has been considering a break-up to help it find a way back to growth but the plan now looks like a non-starter, writes TERRY MURDEN

Hard truths at AGM

M&S chairman warns that closures ‘may not be last’

M&S label
Marks and Spencer has warned there could be more store closures on top of the 100 already announced.

62% fall in pre-tax profits

M&S accelerates transformation plan after slump in profits

M&S label
Marks & Spencer is accelerating its transformation, stripping out under-performing stores and improving its sluggish online business.

Rowe admits to 'mixed quarter'

M&S takes food hit from supermarket rivals

Marks & Spencer
Marks & Spencer showed the impact of premium food lines offered by supermarket rivals as its third quarter food sales fell.

Retailer reshaping estate

CFO quits and M&S shuts stores as profits dive

M&S label
Marks and Spencer is to close more stores and slowdown the openings of its Simply Food outlets after announcing a fall in pre-tax profit...

Restructuring 'comes at a cost'

M&S ‘running out of excuses’ as profits slump

M&S label
Marks & Spencer has reported a 63.5% plunge in annual pre-tax profits ..

Rowe hails improved ranges

Christmas cheer as M&S sees uplift in clothing

Marks & Spencer
Marks & Spencer finally stopped the rot in its clothing division with a rise in sales over the quarter covering Christmas...

Retailer unveils cutbacks

Marks & Spencer to close stores as profits dive

M&S label
Marks & Spencer is to close 30 UK stores while 45 will be scaled down or replaced by food only outlets. There will be 60 fewer full-line stores...

Retailer looking to cut back

M&S expected to announce 30 store closures

M&S label
Marks & Spencer is expected to announce 30 store closures when it updates the market on performance next week..