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Grocers Report Mixed UK Christmas Trading

Leading UK grocers have this week recorded their sales performance over the recent Christmas period. Stronger performances from price focused Morrisons and the German hard discounters contrasted against pressures on M&S and Waitrose. Market leader Tesco put in a steady performance.
Topics: Marks & Spencer Sainsbury's Schwarz Group Morrisons Tesco John Lewis Partnership

M&S to Slow Simply Food Openings

Marks and Spencer has announced that it will slow the roll out of its successful ‘Simply Food’ convenience grocery minimarket banner from 90 to 80 stores this financial year.
Topics: Marks & Spencer

Marks & Spencer Launches Online Grocery Pilots

Marks & Spencer has gone live with two online grocery trials in the UK, piloting both rapid home delivery and click & collect. The move is aimed at gauging the right response to changing customer expectations and leveraging the strongest part of M&S' business online.
Topics: Marks & Spencer

Marks & Spencer Sees Profits Fall as it Restructures

Marks & Spencer has reported a difficult year, as it struggled to reverse falling clothing sales and was hit by restructuring costs as part of efforts to simplify its business. Chief Executive Steve Rowe acknowledged a tough environment but said that the company remained “on track”.
Topics: Marks & Spencer

Marks & Spencer Plans Online Grocery Trial

Marks & Spencer is set to trial an online grocery home delivery service this autumn. According to The Guardian, the retailer believes it can no longer ignore opportunities within this fast-growing channel, and has a management team drawing up plans for a soft trial later this year. This will take advantage of the strength of its food business, which continues to outperform clothing and home.
Topics: Marks & Spencer