Britain's M&S gives store workers 5% pay rise

04:24am, Wednesday, 05'th Mar 2025
British clothing and food group Marks & Spencer said its 50,000 retail workers will get a 5% pay rise from April 1, an investment of 95 million pounds ($122 million).
Ocado Group PLC (LSE:OCDO) shares have tumbled almost 20% even though results looked pretty good for the grocery delivery group, with analysts saying the outlook looked a little thin and that more in
News sales had enjoyed a healthy rebound across the sector in January sent shares in retailers higher on Friday. FTSE 250-listed Ocado Group PLC ticked up 3.1% to lead broad-based gains, which stretch
Marks and Spencer Group PLC should be about to enter its next phase after announcing a reshuffle of its non-food leadership team, Shore Capital analysts have said. M&S on Thursday said former BooHoo G
British retailer Marks & Spencer said on Thursday that Richard Price, the boss of its clothing and home division and a key player in the group's recent revival, is leaving to pursue a portfolio career
Marks and Spencer Group PLC (LSE:MKS) was downgraded by analysts as deterioration in the jobs market is set to hit the UK consumer.  Calculations of UK consumer cash flow present "a constructive vi
British retailer Marks & Spencer's food business kept up its strong sales momentum in the early weeks of the new year, with industry data showing it to be the country's fastest growing bricks and mort
Marks and Spencer Group PLC gained on Tuesday on the back of figures suggesting the retailer's strong end the last year had continued into 2025. According to Kantar, brick-and-mortar sales at M&S had
Marks and Spencer Group PLC (LSE:MKS) is the best place to cope if there is a rise in UK unemployment over the next six months, according to US bank JP Morgan. Reporting across the general retail sec

Fromer M&S boss says WFH not 'proper work'

06:41am, Monday, 20'th Jan 2025
Stuart Rose, the former head of Marks and Spencer Group PLC (LSE:MKS) and Asda slammed the working-from-home culture saying it has meant a generation of people “not doing proper work”. Rose, who w
Ocado Retail's bumper Christmas and fourth quarter trading has split opinion among analysts. The Ocado Group PLC (LSE:OCDO) and Marks and Spencer Group PLC (LSE:MKS)-owned online supermarket on Tuesda
British online supermarket Ocado Retail's relationship with shareholder Marks & Spencer is strong, its boss said on Tuesday.
Ocado Retail has said it enjoyed a record Christmas to close out a strong year, aided by appetite for a growing range of Marks and Spencer Group PLC (LSE:MKS) goods. Revenue surged by 17.5% to £715.8
Shares in Marks and Spencer Group PLC (LSE:MKS) fell over 6% despite the food and clothing chain reporting that trading over Christmas broke its previous sales records.  Like-for-like sales growth
Britain's Marks & Spencer reported a better-than-expected 8.9% rise in like-for-like food sales and a 1.9% rise in clothing, home and beauty in the Christmas trading period, making it one of the best
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