Marks & Spencer
Retail
Debenhams in talks to open branches in US Sears stores
Debenhams, the department store retailer, could soon enter the US retail market by opening space in Sears stores. The two retailers are understood to be in early discussions about Debenhams opening concession or franchise areas in Sears outlets across...
Retail
Marks & Spencer reveals 13 per cent profit rise and store revamp
High street bellwether Marks & Spencer narrowly beat City expectations on Tuesday by declaring a 13 per cent increase in profits in its last financial year.The retailer also gave an update on its revamped store design, a result, it...
Retail
Marks & Spencer boss Marc Bolland has his eye on a return to the US market
Marks & Spencer boss Marc Bolland used his first set of annual results to signal that a return to the American market is on the cards for Britain’s biggest clothing retailer.In an unguarded moment, the Dutchman explained cracking the...
Retail
M&S to open 10 more stores in India, will focus on Delhi
British retail major Marks & Spencer has announced plans to open 10 new stores in India over the next year in collaboration with its partner, Reliance Retail. M&S chief executive Marc Bolland said,"Working with our partner, Reliance Retail ,...
Retail
Discount retail back in fashion as consumers adjust to austere times
Despite a dreadful start to the year for the high street, consumers are spending strongly again in one part of the retail sector, with Britain's discount grocers and Primark, the value fashion chain, welcoming ever more bargain hunters in...
Retail
Phoenix Mills to fly on rising lifestyle spend
The organised retail in India is witnessing substantial action on back of changing lifestyles and higher discretionary spending by people. Phoenix Mills, a well known real estate company in Mumbai, would benefit from its new retail projects getting operational...
Retail
Marks & Spencer poaches Chris Taylor from Wm Morrison
Marks & Spencer Group PLC Thursday said it had hired Chris Taylor from rival Wm. Morrison Supermarkets PLC (MRWSY) for a senior role, nearly a year after Marc Bolland left Morrisons to join M&S as chief executive. Taylor, who...
Retail
Tata’s Trent hires CEO from UK
Almost eight months after Noel Tata stepped down as managing director of Trent, retail arm of the Tata Group, the company said it had appointed Philip Auld as chief executive officer.Auld is a retail industry veteran from Britain, who...
Retail
Marks & Spencer returns to France retail market
Marks & Spencer has planned to return to France towards the end of this year with a combined e-commerce and retail ‘bricks & clicks' strategy in line with its business plans announced in November 2010.The move will see Marks...
Retail
Cognizant helps M&S enhance biz effectiveness
Cognizant, a leading provider of information technology, consulting and business process outsourcing services, will provide end-to-end, integrated applications and infrastructure management services to one of the UK’s leading retailers improve operational efficiencies, drive business effectiveness, and provide customer experience.As...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey
According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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