We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMarks & Spencer Share News (MKS)

Share Price Information for Marks & Spencer (MKS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 255.80
Bid: 256.70
Ask: 256.90
Change: -3.90 (-1.50%)
Spread: 0.20 (0.078%)
Open: 260.80
High: 260.80
Low: 255.80
Prev. Close: 259.70
MKS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

England's shops back in business as lockdown eased

Mon, 15th Jun 2020 00:00

LONDON, June 15 (Reuters) - After 83 days of coronavirus
lockdown, non-essential stores in England reopen their doors on
Monday, hoping to get the tills ringing again and start a long
road to recovery.

The stores have been closed since March 23 when Prime
Minister Boris Johnson imposed a lockdown to stem the spread of
the virus. While outdoor markets and car showrooms reopened on
June 1, Monday will be the big return to business for retailers.

It only applies to England, with stores in Scotland and
Wales waiting for guidance from their devolved administrations
on when they can resume trading. Non-essential stores in
Northern Ireland reopened on Friday.

Getting shoppers spending again is key to Britain's recovery
after official data on Friday showed the economy shrank by a
quarter over March and April.

The British Retail Consortium reckons the lockdown has cost
non-food stores 1.8 billion pounds ($2.3 billion) a week in lost
revenues.

Stores will look very different from before the lockdown as
they will have to observe hygiene and social distancing
regulations. Shoppers face queues outside, restricted numbers
inside and limitations on trying products.

Some chains are reopening all their English stores, while
others are taking a phased approach.

Fashion chain Primark, which with no online offer
has not taken a penny in Britain during the lockdown, plans to
open all its 153 stores in England.

Marks & Spencer, which has traded online and kept
its food halls open, will reopen the majority of its clothing
and homewares selling space.

Rival Next is reopening just 25 stores, while
department store chain John Lewis is reopening just
two. Electricals retailer Dixons Carphone will open 153
Currys PC World stores.

Researcher Springboard said the number of shoppers in early
June indicated "a huge amount" of pent-up demand among consumers
for shopping in stores.

However, industry executives are cautious.

"The reopening of the stores is not 'now COVID-19 is over'
... For a lot of people there's still some reticence to go out,"
said John Bason, finance chief of Primark owner Associated
British Foods.

($1 = 0.7973 pounds)
(Reporting by James Davey; Editing by Mark Potter)

More News
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).

Read more
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.

Read more
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.

Read more
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.

Read more
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%

*

Read more
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.

Read more
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.

Read more
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.

Read more
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:

Read more
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.

Read more
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.

Read more
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.

Read more
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

*

Read more
11 Apr 2024 15:56

London close: Stocks finish lower as ECB stands pat

(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.

Read more
11 Apr 2024 08:59

LONDON BROKER RATINGS: JPMorgan raises M&S; HSBC likes Kingfisher

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

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.