Until the interim results are out ( 4 Nov, ) we cannot be certain how well the recovery in M&S has gone. I think they are doing alright and I bought in recently on the that basis, with the knowledge that divi payments are reasonable.
M&S to close nine shops in the ‘wrong locations’ but planning 90 new Simply Food outlets and five large stores: Marks & Spencer is to close nine of its stores and is consulting with 430 staff whose jobs are affected.
Marks & Spencer ‘suffers clothing setback’: Marks and Spencer is expected to have suffered another blow in its attempts to get its clothing business back on track, after cool weather in May and June dampened sales.
M&S slashes its online sales by £151 million: Retailer included £500 million of stock that was taken back to stores: Marks & Spencer has reduced its calculation for online sales over the past four years after taking into account £500 million of goods that had been returned to its shops.
Sparks puts M&S on to the loyalty card map as retailer looks to launch membership card in the autumn: Marks & Spencer is looking into launching a card-based loyalty programme, provisionally called Sparks, for its customers this year, according to reports.
M&S Chief pockets £596k bonus after profits boost: Marks & Spencer Boss Marc Bolland has seen his total pay package jump by nearly a third after landing a £596,000 bonus for delivering the retailer’s first annual profits increase for four years.
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