Company Profile | January 20, 2023 Premium Marks and Spencer (LSE: MKS) Company ProfileMarks and Spencer is a UK-based retailer of apparel, food and home products. Headquartered in London, the company operates stores in the UK and 38 other countries. Read More
Event Coverage | October 18, 2022 Premium Marks and Spencer (M&S) Investor Day 2022: Company Expands Food Stores and Reduces Full-Line StoresThe Coresight Research team attended Marks and Spencer’s Investor Day on October 12, 2022. We present insights from the event, covering five programs from the company’s strategic plan, including its intentions to expand its food stores. Read More
Flash Report | January 29, 2019 Register for Free Access Legacy UK Retailers Tesco and Marks & Spencer Think Radically to Expand Margins and Revive Revenue GrowthIn a press release on January 29, Tesco confirmed plans to close fresh-food counters in around 90 stores, with 700 further stores retaining a “full or flexible” counter offer. It will also simplify stock management at store level, close store canteens and make job cuts at its head office. The company estimates that up to 9,000 roles could be impacted but it expects up to half of these people could be redeployed. Read More
Company Earnings Update | January 11, 2019 Register for Free Access Marks & Spencer (LSE: MKS) 3Q19 Update: A Weak Quarter for Food and Clothing AlikeOn the management call, CEO Steve Rowe noted that the third quarter was “challenging.” He said that “market conditions were tough, particularly in November when footfall and online visits both dropped significantly,” he said. Rowe said the sales growth was in line with the company’s expectations and was “steady” in the first half. The company reduced inventory volumes, resulting in 25% less stock going into the December sale. Rowe pointed to an increase in sales of entry-level clothing products, saying “customers are looking for value, and we’re providing that.” The company lowered prices on 227 food products and stripped out “complex and confusing” promotions. Read More
Insight Report | November 9, 2017 Premium Marks & Spencer (LSE: MKS) 1H18 Results: Clothing Better, Food Weak and a Five-Year Plan to “Make M&S Special Again”Marks & Spencer (M&S) reported group revenues of £5.13 billion for the first half of fiscal 2018, up 2.6% year over year and marginally ahead of the consensus estimate. Read More
Store Tracker | April 19, 2024 Premium Weekly US and UK Store Openings and Closures Tracker 2024, Week 16: 7-Eleven Announces Over 200 Store Openings and ClosuresOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week includes highlights from 7-Eleven and Tesco, among others. Read More
Store Tracker | April 12, 2024 Premium Weekly US and UK Store Openings and Closures Tracker 2024, Week 15: 99 Cents Only To Close All StoresOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week includes highlights from 99 Cents and Amazon, among others. Read More
Store Tracker | April 5, 2024 Premium Weekly US and UK Store Openings and Closures Tracker 2024, Week 14: Aldi Announces UK Store Expansion PlanOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week includes highlights from Ross Stores and Aldi, among others. Read More
Store Tracker | March 29, 2024 Premium Weekly US and UK Store Openings and Closures Tracker 2024, Week 13: Five Below Announces US Store Expansion PlansOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week includes highlights from Five Below and Screwfix, among others. Read More
Store Tracker | March 22, 2024 Premium Weekly US and UK Store Openings and Closures Tracker 2024, Week 12: Burlington Stores To Open 140 US StoresOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week includes highlights from Burlington Stores and Asda, among others. Read More
Store Tracker | March 15, 2024 Premium Weekly US and UK Store Openings and Closures Tracker 2024, Week 11: The Body Shop Closes All US Stores; Dollar Tree, Inc. To Shutter 1,000 LocationsOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week includes highlights from The Body Shop and Dollar Tree, Inc., among others. Read More
Store Tracker | March 8, 2024 Premium Weekly US and UK Store Openings and Closures Tracker 2024, Week 10: Rite Aid (US) and The Body Shop (UK) Confirm Further Store ClosuresOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week includes highlights from Rite Aid and The Body Shop, among others. Read More
Market Outlook | March 4, 2024 Premium Research Preview: Market Navigator—UK Retail and E-CommerceWe offer an early look at our forthcoming Market Navigator exploring the UK retail market including e-commerce. Gain insights into emerging ideas and opportunities in the market, understand the growth trajectory of retailers’ revenues, and explore the competitive landscape. Read More
Store Tracker | March 1, 2024 Premium Weekly US and UK Store Openings and Closures Tracker 2024, Week 9: Macy’s Announces Store Opening and Closure PlansOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week includes highlights from Macy’s and Moshulu, among others. Read More
Store Tracker | February 23, 2024 Premium Weekly US and UK Store Openings and Closures Tracker 2024, Week 8: Close to Half of Body Shop UK Stores To CloseOur Weekly US and UK Store Openings and Closures Tracker reports on store closures, openings and bankruptcies. This week includes highlights from Best Buy and The Body Shop UK, among others. Read More