Marks & Spencer downgraded on weaker demand fears

06:11am, Thursday, 18'th May 2023
Marks and Spencer Group PLC has been downgraded from a ‘buy' to a ‘neutral' rating by CitiGroup analysts over concerns that demand will deteriorate in the coming years. “Whilst we continue to v
Investors looking for stocks in the Retail - Supermarkets sector might want to consider either Marks and Spencer Group PLC (MAKSY) or Walmart (WMT). But which of these two stocks offers value investor
UK supermarkets are still battling with record inflation, though of the listed groups J Sainsbury PLC (LSE:SBRY) has the lowest inflation and volume losses. Supermarkets say they are still wrestling
Marks and Spencer's plans to shut 67 of its larger ‘full line' stores are set to pick up pace this month. The retailer said last year it intended to close the locations to shake up its business, wit

Marks and Spencer named 'best fashion brand'

10:36am, Thursday, 23'rd Mar 2023
Marks and Spencer has been named the best fashion brand by BNP Paribas. A survey of 5,000 women in France, Germany, Spain, and the UK commissioned by the French bank showed that a growing number of sh
Marks and Spencer's chief executive Stuart Machin has called for “decisive” action from Jeremey Hunt ahead of tomorrow's spring budget announcement. Machin, who has been head of the FTSE 250 compa

Marks and Spencer delivers 'biggest ever' pay rise

09:36am, Wednesday, 01'st Mar 2023
Marks and Spencer said it is investing £60mln in its store colleague pay, its “biggest ever” investment into wages. More than 40,000 employees will see their pay increase to £10.90 from £10.20

Marks and Spencer launches Sports Edit platform

06:41am, Tuesday, 21'st Feb 2023
Marks and Spencer has launched Sports Edit on M&S.com, a year on from its acquisition of the platform. According to a statement, the launch welcomes 200 women's sportswear and apparel products from t

Marks and Spencer to overtake John Lewis by 2026

10:24am, Wednesday, 08'th Feb 2023
Marks and Spencer is on course to overtake John Lewis in sales by 2026, according to industry data. Retail Week Prospect analysts found that the retailer's compound annual growth rate (CAGR) is expect
Marks and Spencer has a strong market position in the consolidated non-cyclical industry. M&S generated around £1 bln in FCF in 2022 and is expected to be cash-positive in the near future.
Marks and Spencer received a 44% target price hike from Deutsche Bank, which believes the outlook for consumers is “noticeably less chilly” in 2023. A new target price of 210p has been set for M&S
British retailer Marks and Spencer Group plc saw a big uptick in price recently following its Christmas trading update. While its growth is strong, its profits are wanting. High inflation has impacted
Marks and Spencer Group PLC's (LSE:MKS) (M&S) row with campaigners over the proposed demolition of its flagship Marble Arch store rumbles on, with chief executive Stuart Machin saying the current bui
British retailer M&S is making investments focused on offering food and an omnichannel experience. The firm is investing 480 million pounds (about $586 million) to open 20 new stores across the United
Marks and Spencer Group PLC (LSE:MKS) has said it is planning a half-a-billion-pound investment in creating 20 “bigger, better stores” that will create some 3,400 jobs. A blend of full-line store
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