Investments and investor services
FTSE 100 closes at session high back above 7,500; US stocks strong as well
The UK blue-chip index ended up 123.46 points, or 1.7% at 7,513.44, the session peak and well above the day's low of 7,389.98
Company
Marks and Spencer Group PLC
LON:MKS
Marks and Spencer Group is a retailer of clothing, food and home products in the United Kingdom. The Company has 622 stores, including Simply Food franchise stores, as well as an international business.
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Consumer confident? M&S, Kingfisher and Pets at Home will give retail reading on household squeeze
The entire retail sector has been impacted by surging inflation and supply chain issues
Marks & Spencer warns online sales tax would damage High Street
The government launched a consultation in February into the possibility of introducing an online sales tax
Marks and Spencer cuts prices to keep customers amid cost-of-living crisis
The company said it will be permanently introducing its family Dine In deals, which can feed up to four people
Marks and Spencer joins hand-me-down initiative
With 183mln items of kids’ clothing going to landfill in the UK alone every year, M&S is doing its bit to make it easier for its used kidswear to find new owners
Marks and Spencer making progress reckons Barclays
Barclays expects profit before tax for the year to come in at £525mln
Marks and Spencer senior management changes not expected to change investor sentiment much
Deutsche Bank raised an eyebrow at the proposed switch to a co-CEO (chief executive officer) structure and said it could lead to questions of responsibility and accountability.
Marks and Spencer to go with joint chief execs after Steve Rowe steps down
"I'm proud that I am leaving a very strong team who will lead it into the next growth phase. I wish them every success," Rowe said.
Marks & Spencer undervalued after heavy 2022 selloff - broker
The company's economically resilient customer base and large non-discretionary offering means cost of living fears are overblown, according to Shore Capital
M&S is UK's favourite supermarket but rising prices lift cheaper alternatives
M&S's layout and quality grabs customer score of 78%, with low-cost Aldi, Iceland and Lidl all in the top five UK supermarkets
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Mobile Streams riding the e-sports wave
A look at some of the major movers in London on Thursday
M&S and Ocado among least green and sustainable supermarkets
Lidl and Waitrose were joint top of the range for sustainability
Marks & Spencer books record food sales over Christmas
Food revenues rose by 12.4%, with an even stronger improvement stripping out hospitality and franchise sales.
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FTSE 100 closes higher, bucking a mixed performance among US stocks
Overall, enthusiasm for stocks from earlier in the week is fizzling out, say market watchers
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FTSE 100 closes higher despite US market woes
CPI, UK supermarkets, and US banks dominate next week
Archive
Economists nudge up US jobs estimates although forecasting non-farm payrolls during the pandemic "is a nightmare"
Economists are expecting 424,000 new jobs to have been added to the US economy in December
M&S is Britain’s fastest-growing supermarket - research
Nielsen attributed its success to its increased variety of food products coupled with its shift towards lower prices that has helped it gain market share
Marks & Spencer takes 25% stake in Nobody’s Child
Nobody’s Child has been popular on M&S.com since it launched on the platform last year and continues to drive traffic as the most visited guest brand
M&S plans CEO succession as private equity giant looms - reports
Apollo Global felt shares in the retailer were undervalued, but they have risen sharply in recent weeks
Marks & Spencer to sell food through Costa Coffee outlets
M&S said the move would make it "more relevant, more often for families".