Marks and Spencer 
- INSIGHT: Hain upbeat despite US, UK issues (MEM)
5th February 2010
Industry destocking and lower commodity turkey sales in the US, plus a slower-than-expected recovery in the UK, have been blamed for the lower sales and earnings targets at Hain Celestial.
Read the full story >> - US: Hain shares slide after guidance cut
5th February 2010
Shares in US-based natural and organic food group Hain Celestial slumped yesterday (4 February) after the company cut its profits target for its financial year. - UK: Bolland to start as M&S boss in May
1st February 2010
Marc Bolland, the former chief executive of UK grocer Morrisons, will officially take the helm at rival Marks and Spencer in May. - M&S puts palm oil commitments in the spotlight (MEM)
29th January 2010 - UK/CANADA: Loblaw exec to join Morrisons as CEO
27th January 2010 - UK: Real Good Food Co. issues sweet update (REG)
26th January 2010 - INSIGHT: Morrisons cautious on 2010 despite buoyant Xmas (REG)
21st January 2010 - UK: Morrisons momentum continues over Xmas
21st January 2010 - Christmas cheer will fade as New Year reality bites (REG)
14th January 2010 - UPDATE: UK: Tesco "juggernaut" back on track - analyst (REG)
12th January 2010
Background
Updated: 3rd July 2009
UK high street retailer Marks and Spencer might be more famous for its clothes, but food plays a big role in the company’s strategy. Besides the food halls in its more than 400 stores throughout the UK, the company also operates a growing number of standalone food stores. Its Simply Food convenience store format was launched in 2001 as an attempt to make M&S’s popular food products available to a wider audience. The company now has more than 100 Simply Food stores, including outlets in train stations and motorway service stations. Marks & Spencer’s food is positioned at the top end – its advertisements focus on the quality of the food, rather than the price. The company sells only its own-brand food. In September 2002, M&S announced that it had become the first ever food retailer to use only free-range eggs in its products.
Associated links:
http://www.marksandspencer.com/
Marks and Spencer Group plc (download)
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