M&S withholds payment to Ocado after poor performance
M&S is withholding a multi-million-pound payment to Ocado Group after its grocery delivery tie-up failed to meet key performance targets. The pair partnered in 2019 to create Ocado Retail, a £750m...
View ArticleM&S raises pay for store staff in record £89m investment
M&S has made its biggest-ever investment in pay and family leave policies, raising UK retail pay to at least £12 per hour, marking a 26.3% increase since March 2022. The retail giant’s £89m...
View ArticleOcado CEO: ‘We will not walk away’ from £191m M&S payment as it threatens to sue
Ocado has said it may need to sue M&S over a multi-million-pound payment for their online grocery partnership, as tensions rise over its performance. M&S is withholding the payment from the...
View ArticleM&S wins Marble Arch legal battle as Gove’s decision branded ‘unlawful’
The High Court has ruled that Michael Gove’s decision to block M&S’ redevelopment plans of its Marble Arch flagship branch was “unlawful”. M&S launched a planning appeal last month, following...
View ArticleM&S CEO Stuart Machin backs calls for business rates and apprenticeship levy...
M&S boss Stuart Machin has branded the business rates increase as “economically illiterate” and the Apprenticeship Levy as “overly restrictive” in fresh reform calls for Chancellor Jeremy Hunt...
View ArticleOcado crowned UK’s fastest growing supermarket
Ocado has been crowned as the UK’s fastest growing supermarket as sales jumped 12.2% over the last 12 weeks. The latest data from NIQ shows M&S retained its spot in second place, with sales...
View ArticleM&S rolls out 100% recyclable coffee cups to all its cafes
M&S is set to roll out its market leading fully recyclable takeaway cups to all of its cafes this month as it contents for the title of “most sustainable cup of coffee” on the high street. The move...
View ArticleM&S co-CEO Katie Bickerstaffe exits after two years
M&S co-chief executive Katie Bickerstaffe will step down from her post in July after two years at the helm. Bickerstaffe is leaving the retailer to focus on a portfolio career and will join B&Q...
View ArticleM&S rolls out Nobody’s Child pop-up shops to 48 more stores
M&S is bringing Nobody’s Child pop-up shops to 48 more stores across the UK from this month, bringing its total to 60. As well as bringing the label back to popular locations, including Trafford...
View ArticleIWD 2024: M&S launches female entrepreneurship podcast with Hello! Magazine
M&S has teamed up with Hello! Magazine to present a new podcast, launching on International Women’s Day, 8 March. The Shake The Table podcast has been designed as a roadmap filled with actions,...
View ArticleM&S chair: Interest rate hikes were ‘totally ineffective’
M&S boss Archie Norman has labelled the Bank of England’s interest rate rises as “totally ineffective,” as he said most price changes had been out of its control. The chairman argued that the most...
View ArticleM&S-backed Nobody’s Child launches digital product passport
Nobody’s Child, which counts M&S as a major investor, is introducing Digital Product Passports (DPPs) in a bid to “underscore the brand’s commitment to elevating transparency, championing...
View ArticleMarks & Spencer names new lingerie director
Marks & Spencer has named Charlotte Davies as its new lingerie director. At the end of June, Davies will officially step in the role, transitioning from her current job as chief product officer at...
View ArticleM&S bolsters third-party offering as it adds Pour Moi swimwear edit
M&S is continuing bolster the third-party brands its carries with the addition of lingerie retailer Pour Moi’s swimwear on its Brands at M&S platform. The lingerie and swimwear retailer first...
View ArticleM&S given three weeks to resubmit Marble Arch redevelopment plans
M&S has been given three weeks to resubmit its plans for the redevelopment of its Marble Arch flagship after a high court ruling dismissed Michael Gove’s rejection of the proposals. The secretary...
View ArticleM&S in talks to overhaul banking arm into a ‘superapp’
M&S is close to finalising an agreement with one of the UK’s largest high street banks to revamp its banking division into a financial services and loyalty ‘superapp’. The retail giant and HSBC,...
View ArticleM&S bolsters third-party offer with LK Bennett launch
M&S has added LK Bennett to its roster of third-party brands, adding the fashion retailer’s spring/summer collection to its website. The addition takes the retail giant’s third-party brand tally to...
View ArticleM&S names Hugo Boss exec as new head of menswear design
M&S has appointed Hugo Boss executive Callum Briggs as its new head of menswear design. Briggs will start his new role on the high street retailer’s clothing and home leadership team in June,...
View ArticleM&S launches nationwide search for next designer in new ITV show
M&S has kicked off a nationwide search for its next designer as it unveils the upcoming launch of its new competitive TV show. The ITV series, due to air in the Autumn, will document the search...
View ArticleOcado Retail boss insists it is ‘absolutely aligned’ with M&S as payment...
Ocado Retail CEO Hannah Gibson has insisted that Ocado Group and M&S are “absolutely aligned,” despite the wrangling over the latter’s withheld final payment for the joint venture. Gibson confirmed...
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