Can Marks regain its spark? Archives - Just Food
Join Our Newsletter - Get important industry news and analysis sent to your inbox – sign up to our e-Newsletter here
X

Can Marks regain its spark?

UK: Rose on defensive at M&S AGM

Marks & Spencer boss Sir Stuart Rose has told the company's shareholders that he takes corporate governance "extremely seriously" following his controversial promotion to executive chairman.

M&S – the analysts’ verdict

M&S – the analysts’ verdict

The gloomy trading update from Marks & Spencer yesterday (2 July) sent its share price plunging and shudders through the UK retail sector. With food sales falling by more than 4%, the head of its food business leaving the company and concerns over how an upmarket food retailer can appeal to ever-more price-conscious consumers, analysts have had their say on the outlook for the business. Here's a selection of the key quotes from industry watchers.

UK: M&S shares tumble; food boss leaves

Shares in UK retailer Marks & Spencer plunged more than 20% this morning (2 July) after the company said weakening consumer confidence had hit sales. M&S said underlying UK sales…

GERMANY/UK: Aldi outlines UK expansion plans

Aldi, the German discount retailer, has earmarked investment of GBP1.5bn (US$2.6bn) for the UK market as it looks to further tap into consumer concern over rising food prices. The company…