Marks & Spencer Share News (MKS)

Marks & Spencer Information

Buy MKS Shares
Add MKS to Watchlist
Add MKS to Alert

Share Price Information for Marks & Spencer (MKS)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 258.30

Bid: 258.30

Ask: 258.50

Change: 3.70 (1.45%)

Spread: 0.20 (0.077%)

Open: 254.60

High: 259.20

Low: 254.60

Prev. Close: 254.60

Last checked at -

Aldi reports almost £1bn in Christmas sales as Morrisons slashes prices

Mon, 07th Jan 2019 10:06

(Sharecast News) - Customer demand for the finer things boosted Aldi's sales in the UK over Christmas, with the grocer reporting almost £1bn in sales for December, which it put down to demand for its premium lines.The Germany-based limited assortment discounter - the UK's largest outside the big four of Tesco, Sainsbury's, Asda and Morrisons - said it saw demand spike for its 'Specially Selected' and 'Exquisite' own-brand ranges.Aldi was still in expansion mode through 2018, opening 65 new locations to take it to 827 stores, as it worked towards its goal of 1,200 UK supermarkets before the end of 2025."We begin the new year with great momentum as the UK's fastest-growing supermarket and on the back of record Christmas sales," said Aldi UK chief executive Giles Hurley.Pressure from the discounters - Aldi and its competitor Lidl - has seen the traditional grocers make a number of moves to guard their market share in recent times.Last year, Tesco unveiled its own discount format 'Jack's' at a site in Chatteris, which it had built but abandoned before opening several years earlier in a round of cost-cutting measures.And on Monday, Morrisons announced it was cutting prices by up to 20% on over 900 products, including canned tomatoes, sandwich fillers, cereals, multivitamins, and ready-meals."We're listening to customers who are telling us that their budgets will be stretched in January, so we are cutting every penny we can on the essentials that will help them feed their families," said marketing director Andy Atkinson.Christmas trading updates are expected in the coming week from Tesco, Sainsbury's, Morrisons, Marks & Spencer, and Waitrose & Partners.Market watchers were expecting a 3.5% fall in like-for-like sales from M&S, which struggled through 2018 as it closed a swathe of stores.

More News

2 May 2024 17:06

FTSE 100 boosted by strong earnings from Shell, StanChart

StanChart jumps after posting a 5.5% rise in pretax profit

2 May 2024 08:00

Ocado, Lidl and M&S are UK's fastest growing grocers, says NIQ

LONDON, May 2 (Reuters) - Online supermarket Ocado , discounter Lidl and upmarket food seller Marks & Spencer were Britain's fastest growing grocers over the last quarter, industry data showed on Thursday.

29 Apr 2024 17:13

Ocado pay policy opposed by 19% of votes cast at annual meeting

LONDON, April 29 (Reuters) - Some 19% of votes cast at Ocado's annual shareholder meeting on Monday opposed the online grocer and technology group's proposed new pay policy that could see boss Tim Steiner pick up a bonus share award of up to 15 million pounds ($19 million).

23 Apr 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 pushes to new high; AB Foods surges

(Alliance News) - The FTSE 100 hit another intraday high on Tuesday, driven by data providing some "fresh optimism" about the UK economy.

23 Apr 2024 08:54

LONDON MARKET OPEN: AB Foods profit soars boosting interim dividend

(Alliance News) - Stock prices in London continued to build on Monday's gains early on Tuesday, thanks to sentiment boosted by the prospect of interest rate cuts.

23 Apr 2024 08:36

TOP NEWS: Grocery inflation eases again in April despite early Easter

(Alliance News) - Grocery price inflation eased further in April, aided by a significant increase in promotional spending, new data showed on Tuesday.

22 Apr 2024 17:21

London shares climb over 1%, M&A action lifts midcap stocks

FTSE 100 up 1.6%, FTSE 250 adds 1.1%

22 Apr 2024 16:58

LONDON MARKET CLOSE: New record close for FTSE 100 as war fears ease

(Alliance News) - London's FTSE 100 surged on Monday, with blue-chip equities supported by an easing of geopolitical worry, and hope that the Bank of England is getting a handle on UK inflation.

22 Apr 2024 14:54

London close: Stocks jump on weaker sterling, easing geopolitics

(Sharecast News) - London's financial markets closed in the green on Monday, with the top-flight index remaining near record highs by the close.

22 Apr 2024 11:33

Jefferies upgrades M&S, Next and Sainsbury's to 'buy'

(Sharecast News) - Jefferies upgraded its stance on a host of UK retail stocks on Monday.

22 Apr 2024 09:04

LONDON BROKER RATINGS: Jefferies raises B&M to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

22 Apr 2024 08:49

LONDON MARKET OPEN: Hipgnosis jumps on Blackstone rival offer

(Alliance News) - Stock prices in London opened higher on Monday, as investors shook off nerves ahead of a key US inflation reading later this week.

19 Apr 2024 16:56

London close: Stocks mixed as investors watch Middle East newsflow

(Sharecast News) - London's stock markets closed in a mixed state on Friday as traders kept a close watch on escalating tensions in the Middle East.

17 Apr 2024 08:53

LONDON MARKET OPEN: Stocks mixed as UK data douses BoE cut hope

(Alliance News) - Stock prices in London opened mixed on Wednesday, with the FTSE 100 underperforming European peers, with a hotter than expected UK inflation reading lifting the pound.

16 Apr 2024 08:38

UK discounter B&M expects full-year profit at top end of guidance

2023/24 revenue up 10.1% to 5.5 bln stg

Latest Share Chat

Marks & Spencer Share News (MKS)

Share Price Information for Marks & Spencer (MKS)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Aldi reports almost £1bn in Christmas sales as Morrisons slashes prices

Login to your account

Quickpicks are a member only feature

Login to your account