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At a time Steve Rowe believes it has become impossible to forecast with any degree of accuracy, M&S outperformed its previous COVID-19 scenario. The retailer's like-for-like food performance remains robust and this divsion's adjusted operating profit also improves. However, significant challenges remain for its clothing & home division, resulting in group revenue declining -15.8% and operating profit before adjusting items falling -77.1% for the 26 weeks ending 26th September 2020.
An essential summary of trading priorities, latest developments, and other key commercial insights for Marks & Spencer.
We review M&S's grocery retail outlook over the next five years as it accelerates the pace of change to drive long term growth.
This in-depth guide to the United Kingdom explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.
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We've grouped all the latest European retail news, store visits, retailer profiles and downloadable presentations together in one place.