Marks and Spencer Group Plc has released its financial results for the 26 weeks ended 30 September 2023, showcasing a strong first half with significant growth in profit and sales. The company reported a notable profit before tax and adjusting items of £360.2 million, a substantial increase from £205.5 million in the previous year. Key […]
British retail company Marks & Spencer (M&S) will invest approximately £480 million in bigger, better stores across the UK as part of its five-year Store Rotation Programme. The investment is expected to help Marks & Spencer establish itself as a major omnichannel retailer in the UK and provide new employment opportunities to more than 3,400 […]
British retailer Marks and Spencer Group has agreed to acquire Gist Limited, a contract logistics business, from Storeshield Limited, a subsidiary of The BOC Group, for an initial consideration of £145 million in cash. Gist Limited is the main contract logistics provider to Marks and Spencer’s M&S Food. According to Marks and Spencer, the acquisition […]