Last checked at 18 Jan 2024 12:47
M&S to invest £30m in Scottish stores
(Sharecast News) - Marks & Spencer Group is to invest £30m overhauling its Scottish offering, including closing one of its stores in Aberdeen, the retailer said on Thursday.
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Marks & Spencer Information
Share Price Information for Marks & Spencer (MKS)
Share Price is delayed by 15 minutes
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Share Price:
275.80
Bid:
276.00
Ask:
276.20
Change:
1.90 (0.69%)
Spread:
0.20 (0.072%)
Open:
275.10
High:
276.80
Low:
273.30
Prev. Close:
273.90
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Mon, 07th Jan 2013 15:33
Shares in WM Morrison fall 0.5 percent in heavyvolume after the supermarket chain's Christmas trading update,although the move is in line with the FTSE 100 after thefirm's weak sales prove no worse than market expectations. By 1519 GMT, the stock -- a top short-selling target in theweeks before the update -- has traded more than twice its 90-daydaily average volume against just 50 percent for the broaderindex. "I think to be honest there was a degree of fear going intotoday's announcement from Morrisons that there may actually havebeen a full-blown profit-warning," Clive Black, analyst at ShoreCapital Stockbrokers, says. "The fact that that hasn't been the case is a modest sourceof relief... That said, it was a very poor trading statement." Shore Capital cuts its pretax profit forecasts for Morrisonsby 5.8 percent for 2012/2013, and by 6.5 percent for 2013/2014. Morrisons shares have dropped 13.3 percent since a peak inlate September, against a fall of 4.5 percent from J Sainsbury, and near 2 percent gains from Tesco and Marks& Spencer over the period, all of whom report this week. For a graphic showing UK retailers' share price performancesclick on: http://link.reuters.com/mat94t For more on the Morrisons update, click: For more on the short-selling of Morrisons, click: Reuters messagingrm://tricia.wright1.thomsonreuters.com@reuters.net
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17 Jan 2024 16:55
LONDON MARKET CLOSE: Stocks slump as Fed rate cut hope dwindles
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Britain's Ocado Retail pauses new sites for two to three years
Hatfield site closed in 2023, Luton opened
*Read more16 Jan 2024 09:08
Britain's Ocado Retail won't open new sites in next 2 to 3 years -CEO
LONDON, Jan 16 (Reuters) - British online supermarket Ocado Retail is currently operating at about 75% of its capacity and does not expect to open any new robotic warehouses in the UK for two to three years, its boss said on Tuesday.
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Ocado Retail CEO: Red Sea disruption impact will be minimal
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Britain's Ocado Retail returns to positive earnings in 2022/23 year
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*Read more16 Jan 2024 07:09
Britain's Ocado Retail returns to positive earnings in 2022/23 year
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LONDON BROKER RATINGS: Goldman likes Glencore; BofA likes easyJet
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Read more11 Jan 2024 17:24
European shares fall as hot U.S. inflation data rains on rate-cut hopes
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*Read more11 Jan 2024 17:03
11 Jan 2024 16:53
LONDON MARKET CLOSE: Stocks lower on hotter-than-expected US inflation
(Alliance News) - Stock prices in London closed lower on Thursday, after US rate cut expectations suffered a setback following some hotter-than-expected inflation data.
Read more11 Jan 2024 16:34
London close: Stocks fall as US inflation comes in hot
(Sharecast News) - London's stock markets closed in the red on Thursday, reversing earlier gains after US consumer inflation came in hotter than expected.
Read more11 Jan 2024 12:02
Partying Britons boost Tesco and M&S at Christmas but cautious for new year
LONDON, Jan 11 (Reuters) - Britons splashed out on premium and party food at Tesco and Marks & Spencer over Christmas, prioritising treats at home over eating out, and favouring the biggest retailers for their festive spending in still tough economic conditions.
Read more11 Jan 2024 12:00
LONDON MARKET MIDDAY: Stocks level out as US inflation nerves kick in
(Alliance News) - Upbeat morning trade for European markets gave way to caution by midday on Thursday, as investors look to a make-or-break US inflation reading, and what it could mean for the Federal Reserve interest rate outlook.
Read more11 Jan 2024 09:44
Tesco raises profit outlook again after strong Christmas sales
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