M&S sets out food battleplan
Once hailed as the saviour of Marks & Spencer, chief executive Sir Stuart Rose has faced questions over his leadership since the turn of the year. A set of mixed annual results has cast further...
Marks & Spencer chief executive Sir Stuart Rose today (20 May) defended the decision to sell selected brands alongside the company’s own-label food.
Northern Foods has indicated its intention to “mothball” its Fenland Foods factory, which makes Italian-style ready meals for Marks & Spencer, because it is not yielding high enough returns.
Marks & Spencer today (3 April) offered unhappy shareholders a number of concessions to pave the way for its proposed appointment of CEO Sir Stuart Rose as executive chairman.