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Marks & Spencer news

05 September 2023
A round-up of recent announcements on pricing by UK retailers. Tesco turns its focus to baby products Tesco has announced a further round of price cuts across 50 products. A quarter of the reductions will take place on products found in the baby aisle, with Tesco highlighting Pampers nappies reduced by 16% as well as Johnson’s baby shampoo and Florence and Fred cotton buds also seeing pr...
24 August 2023
Whether you participate in dry January or go sober for October, there is a trend for curbing alcohol consumption and embracing low or no-alcohol alternatives. The younger generation, health and improved formulations are bolstering growth Gen Z, and younger Millennials are more inclined to be teetotal then the older generations and are reportedly drinking less or abstaining altogether. ...
16 August 2023
Marks & Spencer has raised its full-year profit outlook following a strong start to its financial year. Results for the first 19 weeks of trading to the 12 th of August have seen robust growth for both the Clothing & Home and Food sides of the M&S business. Food sales have seen a like-for-like increase of 11%, with M&S highlighting investment in quality and trusted value, and a ‘sharpening...
07 August 2023
Rounding up the latest news from M&S Newcastle store design transformation leads North East investment M&S have revealed they will be investing £13m in the North East over the next 12 months. The focus of the investment will be the Newcastle city centre site which will undergo a multi-million pound ‘design transformation’. M&S revealed the Northumberland Street store will be transforme...
03 August 2023
Marks & Spencer has partnered with US-based mobile app platform SideChef to provide shoppable recipes from celebrity chef Tom Kerridge and the ITV show Cooking with the Stars. As reported by The Grocer, the feature is available on the Marks & Spencer website and app. It will enable shoppers to find 150 original recipes featuring signature Marks & Spencer ingredients, save them to a personal co...
20 July 2023
Over the past two weeks, the bakery category has been highlighted as a growing focus for retailers, with developments from Asda and Home Bargains. At Asda, this saw the addition of new product developments and the further rollout of more in-store bakeries at Home Bargains. Home Bargains to expand coverage for in-store bakeries Home Bargains has an estate of approximately 570 stores, 64 of ...
19 July 2023
M&S and Musgrave have announced a partnership trialling a limited range of M&S Food items in Musgrave stores in Northern Ireland. The trial is set to begin later this month. As reported by NamNews, the trial will see M&S sandwiches, salads, dine-in options, Percy Pig sweets, Colin the Caterpillar cakes and in-store bakeries offering M&S baked goods. Products will be available in two SuperVa...
07 July 2023
A look at recent developments at Marks & Spencer. Food business has made “a good start” to the year Speaking at its annual shareholder meeting, Chief Executive Stuart Machin said M&S’ food business had made “a good start” to its 2023/24 financial year. Speaking to investors, Machin revealed M&S had taken a 130 basis points hit to its food margin in the year to the 1 st of April, as it...
28 June 2023
Marks & Spencer has kicked off a trial of Sparks Prices, member-only prices that get activated at checkout when a Sparks member in participating stores scans their Sparks loyalty card or app. The trial is underway at around 50 stores in South Wales, the North-East and the West Midlands. The comms to shoppers in the relevant region states “we’re introducing Sparks Prices to a few of our stores....
21 June 2023
Morrisons and M&S have announced further rounds of price cuts and price locks to take effect this week. Sixth round of price cuts at Morrisons this year The latest round of price cuts at Morrisons is the sixth to take place this year. The announcement will see 47 high-volume products such as mince, tomatoes, butter, squash, cereal, and summer picnic items have prices reduced on average by 2...