Company Earnings Update | November 8, 2018 Register for Free Access Marks & Spencer (LSE: MKS) 1H19 Results: Food Underperforms, Clothing Improves; Company Beats Bottom-Line ExpectationsIn 1H19, Marks & Spencer (M&S) reported a slightly improved performance in its UK Clothing & Home segment, as it seeks to reshape its clothing offering with streamlined ranges that will help it to recapture family-lifestage shoppers. Read More
Store Tracker | August 17, 2018 Premium Weekly Store Openings and Closures Tracker 2018, Week 33: Casper Sleep to Open 200 Stores in the Next Three YearsYear-to-date 2018, the number of US store closure announcements stands at 4,379 and the number of store openings is 2,367. Year to date in the UK, there have been 1,196 store closure announcements and 657 store opening announcements. Read More
Deep Dive | July 10, 2018 Premium Artificial Intelligence in Retail, Part 2: What Retailers Are Doing with AIIn this report, we explore how retailers are applying AI across business functions. We studied 30 retailers to understand how they have implemented AI in their businesses. Read More
Deep Dive | June 21, 2018 Premium The Decline of the UK Department Store – and Struggles in Germany, TooIn the UK, major midmarket department stores are undertaking store closure programs to address under performance—and Germany’s department-store market leader is seeing sales declines deepen, too. Read More
Company Earnings Update | May 24, 2018 Register for Free Access Marks & Spencer (LSE: MKS) FY18 Results: Exceptional Costs Hit Profits; Only on “Mile Three or Four of a Marathon”Marks & Spencer (M&S) reported a 38% fall in operating profit and a 62% slump in pretax profit in FY18. The declines were largely due to costs related to store closures. Read More
Flash Report | March 26, 2018 Register for Free Access Marks & Spencer Appoints Retail Veteran Stuart Machin as Managing Director of FoodMarks & Spencer (M&S) announced that it has appointed retail veteran Stuart Machin to the newly created role of Managing Director of Food. Read More
Company Earnings Update | January 12, 2018 Register for Free Access Marks & Spencer (LSE: MKS) 3Q18 Update: Clothing Returns to Deep Declines, Food UnderperformsMarks & Spencer (M&S) reported weak comparable sales growth in its core UK divisions in 3Q18. Read More
Company Earnings Update | July 12, 2017 Register for Free Access Marks & Spencer (LSE: MKS) 1Q18 Update: Retailer Slows Rate of Decline in ClothingMarks & Spencer (M&S) reported UK Clothing and Home comparable sales fell 1.2% in 1Q18. This compared to a 5.9% slump in 4Q17. Read More
Company Earnings Update | May 25, 2017 Register for Free Access Marks & Spencer (LSE: MKS) FY17 Results: A Disappointing Final Quarter; Exceptional Costs Weigh on ProfitsM&S grew total full-year sales by 2.2% to £10.62 billion, marginally ahead of consensus and despite negative comps in its UK Clothing and Home and UK Food segments. Read More
Company Earnings Update | January 13, 2017 Register for Free Access Marks & Spencer (LSE: MKS) 3Q17 Update: Improved Sales Beat ExpectationsUK clothing-and-food retailer Marks & Spencer (M&S) reported that 3Q17 sales were up 5.9% as reported and up 4.3% on a constant currency basis. Read More
Company Earnings Update | November 4, 2015 Register for Free Access MARKS & SPENCER FIRST HALF DASHES HOPES OF RECOVERY IN APPARELGroup sales were up 1.4% at constant exchange rates, or 1.0% in British pounds. Read More
Company Earnings Update | May 20, 2015 Register for Free Access Marks & Spencer Full-Year Results: Finally Turning a Corner?Marks & Spencer (M&S) has posted an annual increase in pretax profits for the first time since 2011. Underlying pretax profits rose 6.1% to £661 million in the year ending March 28, 2015. Read More