LONDON, Nov 4 (Reuters) - British retailer Marks & Spencer on Wednesday reported another dip in quarterly underlying sales in its non-food business, though it said it is delivering on its strategic priority to boost profit margins, raising its forecast. The 131-year-old firm said sales of
Read more(ShareCast News) - Marks and Spencer Group has increased underlying profits in the first half of the year as strong food counterbalanced weak clothing sales. The FTSE 100 retailer released its half year results to 26 September on Wednesday, with overall sales up 1.4% from the previous year on a cons
Read more(ShareCast News) - Marks & Spencer's first half profits are expected to rise, as weak clothing sales are offset by higher margins at the general merchandise business. UBS predicts pre-tax profit of £270m in the first six months, up from £268m the same period last year when M&S reports its interims o
Read more(ShareCast News) - Retailer Marks & Spencer was forced to temporarily suspend its website on Tuesday after customers reported that they had been able to see other people's details when they logged onto the site. On Wednesday, Marks insisted that this was merely as technical glitch, there had not bee
Read moreLONDON, Oct 28 (Reuters) - British retailer Marks & Spencer temporarily suspended its website on Tuesday after some customers complained they saw other people's contact details when they logged onto the site. M&S said on Wednesday there had not been a third-party attack on the site and sai
Read more(ShareCast News) - Marks & Spencer chief Marc Bolland is reportedly planning to stay with the company at least a further two years. The retail boss is believed to have told the board that he is finally beginning to see the fruits of his labour and wants to remain on board to see the results of his h
Read moreLONDON, Oct 15 (Reuters) - British clothing and food retailer Marks & Spencer is to launch a new members club and card scheme called "Sparks", it said on Thursday, seeking to build a closer relationship with its customers so they spend more both in shops and online. The national launch of S
Read more(ShareCast News) - Andrew Fisher has been appointed to Marks & Spencer Group's board of non-executive directors, the retailer said on Tuesday. Fisher, the current chairman of Shazam, the popular smartphone app, will join the board on 1 December, when he will also join the nomination committee. "We
Read moreLONDON, Oct 13 (Reuters) - British retailer Marks & Spencer has beefed-up the digital expertise on its board by recruiting Andrew Fisher, the chairman of music app Shazam, as a non-executive director. Fisher will join the M&S board on Dec. 1 and also take a seat on the group's nomination c
Read more(ShareCast News) - Retail sales in the UK in September grew 2.6% compared to the same month last year on a like-for-like basis, as strong non-food performance was boosted by strong a weak comparative period for clothing last year and a later bank holiday this time. In total, retail sales rose 3.9%,
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