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Pin to quick picksMarks & Spencer Share News (MKS)

Share Price Information for Marks & Spencer (MKS)

London Stock Exchange
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Share Price: 254.50
Bid: 253.90
Ask: 254.10
Change: -1.30 (-0.51%)
Spread: 0.20 (0.079%)
Open: 255.70
High: 257.90
Low: 252.10
Prev. Close: 255.80
MKS Live PriceLast checked at -

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Tesco leads sales falls in the last three months, Nielsen says

Fri, 21st Nov 2014 12:54

Ailing supermarket group Tesco came out at the wrong end of another set of sales data on the UK's food retailers on Friday. Tesco was the biggest sales faller of the 'big four' supermarkets in the 12 weeks to 8 November, dropping 4.2% versus the same period a year ago, according to figures from retail researchers Nielsen.Rival Morrisons was the next biggest victim with a sales fall of 3%, while Sainsbury's dropped 1.8% and Asda slipped 0.8%.The data follow figures from another research group, Kantar Worldpanel, earlier this week showing Tesco's sales fell 3.7% in the 12 weeks to 9 November, though the rate at which it was losing market share slowed.The established supermarkets have been struggling to keep up with discounters such as Aldi and Lidl, while chains such as Marks & Spencer and Waitrose have also been doing well at the higher end of the market.Aldi's sales leapt 21.4%, Lidl soared 23.3% and Waitrose rose 6.9% as they attracted new shoppers, while M&S was also up 1.8%.Overall, year-on-year grocery sales declined for the third month in a row in the four weeks to 8 November, falling 0.9% against the same month a year ago. Sales volumes dropped 1.2%.Nielsen predicted a drop in grocery sales for the final quarter of 2014 of between 0.5% to 1% against a year ago. For the first time in a decade, Nielsen projected a decline in overall industry sales across a calendar year - to £145bn from £146bn in 2013.Mike Watkins of Nielsen said: ""It's been a bad year for the big four supermarkets and they enter the key Christmas trading period with sales growth much weaker than 12 months ago."Much of this has been put down to the discounters, who are gaining share fast, but it's the needs and expectations of shoppers that have been changing - and some of the supermarkets simply haven't adapted quickly enough."
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18 Mar 2024 06:59

PRESS: M&S and HSBC planning loyalty "superapp", seven-year deal — Sky

(Alliance News) - Marks & Spencer Group PLC and HSBC Holdings PLC are preparing plans to announce a new seven-year deal that includes the creation of a loyalty "superapp", Sky News reported Sunday.

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11 Mar 2024 16:51

LONDON MARKET CLOSE: Stocks mixed ahead of US inflation data

(Alliance News) - Stock prices in London closed mixed Monday, as investors nervously look ahead to some key data from the UK and US, which could help shape the latest interest rate decisions.

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11 Mar 2024 14:48

London close: Stocks mixed as investors look to US inflation data

(Sharecast News) - London markets closed in a mixed state on Monday, reflecting a broader trend of cautious trading after a primarily weaker session in Asian markets overnight.

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11 Mar 2024 10:03

LONDON BROKER RATINGS: Citi, Macquarie cut Virgin Money to 'neutral'

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

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11 Mar 2024 09:03

RBC Capital upgrades Marks & Spencer to 'outperform'

(Sharecast News) - RBC Capital Markets upgraded Marks & Spencer on Monday to 'outperform' from 'sector perform' and lifted the price target to 300p from 285p.

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11 Mar 2024 07:45

LONDON BRIEFING: Currys suitor rules out bid; Vanquis warns on 2024

(Alliance News) - Stocks in London are called to open lower on Monday, in a nervy start to the week ahead of US inflation data due on Tuesday.

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7 Mar 2024 10:07

UPDATE: Marks & Spencer confirms Co-CEO Bickerstaffe to leave in July

(Alliance News) - Marks & Spencer Group PLC on Thursday said Co-Chief Executive Officer Katie Bickerstaffe will leave the company after the annual general meeting in July.

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7 Mar 2024 09:25

M&S co-CEO Bickerstaffe to retire after AGM in July

(Sharecast News) - Marks & Spencer confirmed on Thursday that co-chief executive Katie Bickerstaffe will retire after the annual meeting in July "to pursue her board career".

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6 Mar 2024 21:08

PRESS: Marks & Spencer Co-CEO Bickerstaffe to leave for Kingfisher

(Alliance News) - Marks & Spencer's Co-Chief Executive Officer Katie Bickerstaffe is set to leave the company, Sky News reported on Wednesday evening.

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4 Mar 2024 15:29

London close: Stocks languish ahead of Wednesday's Budget

(Sharecast News) - London's stock markets finished in the red on Monday, reflecting investor apprehension ahead of the impending Spring Budget.

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1 Mar 2024 16:53

LONDON MARKET CLOSE: Stocks rise despite mixed US manufacturing data

(Alliance News) - European equities had a solid end to the week, and a stellar run for US markets continued, with focus turning to a key week of fiscal and monetary policy updates.

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1 Mar 2024 12:17

M&S wins legal battle against UK government over demolition of store

(Alliance News) - Marks & Spencer Group PLC has won a legal battle against the UK government over plans to demolish one of its flagship London stores.

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1 Mar 2024 11:35

M&S wins court battle over Oxford St store demolition

(Sharecast News) - Marks & Spencer has come a step closer to demolish its main store on London's Oxford Street after the High Court ruled that a decision by government minister Michael Gove to block the plan was unlawful.

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29 Feb 2024 16:05

London close: Stocks finish positive as US inflation moderates

(Sharecast News) - London's stock markets finished with moderate gains on Thursday, buoyed by a combination of factors including a slowdown in US inflation, robust UK earnings reports, and encouraging mortgage approvals figures.

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27 Feb 2024 11:53

LONDON MARKET MIDDAY: FTSE 100 falters; eyes on US data

(Alliance News) - Stock prices in London were lower at midday Tuesday, ahead of slew of US data which could help determine the course of interest rates.

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