All Marks & Spencer articles – Page 153
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News
M&S chairman's pay-off angers ABI
The Association of British Insurers (ABI) has upped the pressure on Marks & Spencer by signalling that it could oppose any pay off to Lord Burns, the retail giant’s outgoing chairman, according to The Times .
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Opinion
Stark reality from Rose
Any remaining rose-tinted spectacles came off at yesterday’s Retail Week Conference, when Marks & Spencer chief executive Sir Stuart Rose warned that he expects the economic storm to rumble on until the middle of 2010.
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News
Rose defends his dual M&S role as sparks fly
Marks & Spencer chief executive Sir Stuart Rose has accused his corporate governance critics of adopting an “ideological” stance and insisted that controversial boardroom changes are in the retailer’s best interests.
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Opinion
M&S has been here before
A retail bellwether hovering around the £1 billion profit mark; an executive chairman almost synonymous with the business itself; signs of deteriorating trading and a clutch of directors eager to move into the top job. Sound familiar?
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News
Chancellor confirms Government to charge for plastic bags
In his first Budget speech, Chancellor Alistair Darling has said that laws will be introduced by next year to charge shoppers for using plastic bags, unless the supermarkets take action to do this.
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News
Non-execs to meet to finalise Rose pay package
In the face of mounting opposition to Sir Stuart Rose’s promotion to executive chairman, Marks & Spencer non-executives are to meet to thrash out a new pay package for the retailer’s chief executive.
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News
M&S investors slam Rose's promotion
Marks & Spencer investors have hit out against the retailer’s announcement yesterday to elevate Sir Stuart Rose to executive chairman, which some claim is in clear defiance of the UK’s corporate governance code.
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News
Rose to become executive chairman of M&S and stand down in 2011
Rose’s change of responsibility becomes effective from June 1 and is part of a raft of management changes at the high street giant.
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News
Moss Bros shares spike as offer from Baugur fuels investor fight
Menswear retailer Moss Bros was the week’s biggest riser as a bad-tempered battle for control raged. Members of the founding families, the board and associates of potential buyer Baugur all laid into each other, which can hardly be helping store performance.
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Opinion
Why charity and retail gets the green light
One of the most important retail disciplines is being open to buy, not allowing the build-up of unsold stock to restrict space for new lines.
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News
M&S mid-season Sale sparks trading fears
Marks & Spencer has kicked off a mid-season Sale days after distributing 800,000 friends and family discount vouchers to staff, sparking fears of weak clothing sales on the high street.
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News
Next tipped as bid target for M&S
Credit Suisse has suggested that Next could be a bid target for Marks & Spencer, arguing that investors do not appreciate the extent of the structural problems facing Next.
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Opinion
The Retail Week – February 29
Recently promoted Kingfisher chief executive Ian Cheshire is wasting no time in sweeping his new broom through the business.
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News
M&S to expand in Greece and Balkan states
Marks & Spencer has signed a joint venture with Marinopoulos Group worth €50 million ( 37.9 million) to open 50 stores in Greece and the Balkan states.
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News
Poor John Lewis trading fuels City fears as Tesco is attacked
John Lewis’s revelation that last week’s trading was the “toughest in recent memory” spooked an already panicky City.
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News
Union’s online campaign against M&S thwarted
Union Unite’s attempt to launch an online marketing offensive against Marks & Spencer appears to have been thwarted by Google.
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News
Budgens hires sales director
Grocery group Musgrave GB has hired Andrew Mounsey as Budgens sales director.
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News
M&S in talks to take food offer to India
Marks & Spencer is understood to have held talks with Reliance Industries about selling its food range in India.
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Opinion
Get behind Fairtrade
As Fairtrade sales leap 80 per cent, Fairtrade Foundation deputy chairman Ian Bretman says getting involved could boost to retailers' top lines
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News
Competition probe and Asda success help quoted grocers
Food retailers staged a comeback after they emerged largely unscathed from the Competition Commission’s investigation into the grocery market. Good fourth-quarter figures from Asda helped, confirming that food retailers as a group have been doing well.