UK: M&S needs to offload Simply Food - analyst

By: just-food.com | 3 March 2009

Marks and Spencer needs "fundamental" change to its business, including the complete disposal of its Simply Food stores, if it is to grow sales and profit in the medium term, according to analysts at Credit Suisse.

just-food articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

Marks and Spencer needs "fundamental" change to its business, including the complete disposal of its Simply Food stores, if it is to grow sales and profit in the medium term, according to analysts at Credit Suisse.

  • Unlimited access to all the latest global food news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-food market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-food:

More articles related to this one

In the Spotlight - Hain Celestial
For a company with a significant portion of its business in organic food, it should come as little surprise that Hain Celestial, the maker of brands including Rice Dream and Linda McCartney, has fallen short of expectations over the last 12 months. The US food group insists it has the credentials to grow in the year ahead - but is its confidence justified? Dean Best reports.

FRANCE: Casino salutes “resilient” H1
French retailer Groupe Casino has hailed a "resilient" first-half performance, despite a decline in net sales, operating profit and EBITDA.

INSIGHT: Hain boss aims for break-even in Europe
Hain Celestial CEO Irwin Simon is aiming for the US organic food company's business in Europe to break even in the next fiscal year after a "tough" 12 months.

Market research related to this article

The US private label food market – forecasts to 2013
In keeping with many other parts of the world, the US has a steadily expanding market for private label foods. Although it has been slower to gain a foothold compared with European nations such as the UK, more US consumers are now turning towards pri...

Dream Dinners Case Study: addressing consumer convenience and health demands with the meal preparation store concept
Introduction This case study on Dream Dinners forms part of Datamonitor's case studies series, which explores business practices across a variety of disciplines and business sectors. It looks at how the meal preparatioon business has grown quickly ...

The Evolution of Organic Food and Drinks: Growth opportunities, NPD and the impact of the economic downturn
The organic food and drinks market grew rapidly over the first part of the decade, with sales in the US and the nine largest European markets reaching more then $40bn in 2007. However, the rate of growth in the market appears to have slowed in 2008, ...

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page