Marks and Spencer has promoted Kevin Bennett, head of logistics in its Clothing & Home division, to M&S Food logistics director and CEO of Gist
Current Gist CEO Nick Hay has decided to leave M&S to explore other opportunities
“Under Nick’s leadership much progress has been made, with a clear plan for the year ahead which will help enable the continued growth of M&S Food,” said M&S Food MD Alex Freudmann |
My local ASDA really has gone to pot over last year or so. Now getting my weekly shop from Ocado. Almost all M&S food which is superb. Better quality than Almost all big brands and without shrinkflation. |
3% rise today on a red day for blue chips good news on winning market share.
If ASDA doesn't watch out they will be losing money. |
Thanks John
Looking perky here today given market falls across the board |
Plans to create a new Marks and Spencer (M&S) store in Hull have been submitted, six years after the closure of a similar shop in the city centre.
The 61,000-sq ft (5,659-sq m) food, home and clothing store, at Kingswood Retail Park, would create 43 jobs, according to the proposal.
At present, the retailer operates a food store at Kingswood, but the applicant said it was "too small to meet M&S's business model requirements".
Councillor Mike Ross, the leader of Hull City Council, welcomed the announcement, saying the proposal was a "massive sign of confidence" in the local economy.
The application has been submitted by Burnett Planning on behalf of Legal & General Assurance (Pensions Management) Limited, the owner of the retail park. |
Ocado, M&S and Aldi all saw strong sales growth in the 12 weeks to 23 February, while Asda once again found itself struggling to keep up with its rivals, according to new data from analyst Kantar.
Figures from Kantar’s Total Till Roll showed Ocado was the fastest-growing retailer for the tenth consecutive month, with sales increasing by 9.6%. The figures mean the online supermarket held its share of the market at 1.9%.
M&S also showed new gains, with grocery sales climbing by 12.2% across its bricks-and-mortar stores. |
Reform UK unveils 10-point plan to rejuvenate Britain's barren high streetsBritain's once-bustling high streets are on the brink, with empty shops and rising crime casting long shadows over communities - Reform UK claims a 10-point plan will turn them around.By Giles Sheldrick07:15, Mon, Mar 3, 2025 | ...Daily Express |
Applegreen to double M&S food outlets in Ireland... |
Ocado vows to use ‘all means’ necessary in legal battle with M&S
Technology company seeks £190m payment from retailer as part of joint online venture |
M&S Launches AI wine finder to help customers pick the perfect bottle
Marks & Spencer has launched an AI-powered Wine Finder to help customers navigate its extensive wine selection and discover bottles tailored to their taste.
The tool, developed in partnership with AI tech company Preferabli, is available online across more than 500 stores and in-store at 20 M&S Foodhalls. |
Not sure about the London red bit. |
ccc,
Not always correct but the term is "profit warning comes in threes just like London Red Busses !" |
I think I read somewhere that when a company gives a profit warning. They on average give three profit warnings. So maybe expect more bad news from them in the coming year. |
Discounters not doing well B&M issues profit warning....
Seems public want quality and customer satisfaction ! |
Marks and Spencer wins. |
ALDI increases it's pay again and offers the highest pay for supermarket workers...
Sainsburys removed some of it's price match foods compared to ALDI cost of wages now putting supermarkets under pressure to maintain margins. |
UK retail sales topped expectations at the start of the year, numbers from the Office for National Statistics showed.
Retail sales volumes surged by 1.7% in January from December, well-ahead of the FXStreet cited consensus of 0.3%. In December, retail sales had fallen 0.6%, the reading downwardly revised from a 0.3% fall.
On an annual basis, retail sales rose 1.0% last month, easing from a 2.8% rise in December. Growth of 0.6% was expected for January, so the latest reading topped consensus.
"However, there was a decline in non-food store sales volumes, which fell by 1.3% over the month. There was also a fall in the amount spent online, by 1.7%. This comes as no surprise following the inflation figures of 3% that were seen last week. It further highlights the lack of spending power consumers currently have, as they act more cautiously with buying non-essential goods," Trade Nation analyst David Morrison said. |
Marks crowned top supermarket for food for fourth year running... |
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Good news item above management now confident in UK and overseas growth in next plan. |
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