Marks & Spencer UK

Marks & Spencer Beats H1 Profit Expectations On Successful Turnaround

Marks & Spencer has revealed a 17.2% jump in profit for the first half of the financial year, as the success of its turnaround continues.

Total till sales in the UK grew by 4.7% in the four weeks ending 4 October 2024 buoyed by lower inflation and seasonal spending, NIQ reports.

Ocado Retail has said it is prioritising customer growth after a strong third quarter helped lift its annual revenue guidance.

Asda said its chairman Stuart Rose will take executive responsibilities of co-owner Mohsin Issa as he steps back from his leadership role.

British supermarket sales growth slowed in September, likely owing to cooler weather and a return to routine following the summer holidays.

Total Till sales at UK supermarkets grew 5.5% in the four weeks to 10 August 2024 according to new data from NIQ.

Marks & Spencer has announced it will move to paper packaging on garlic baguettes, removing 5.5 million units of plastic from its shelves.

Online retailer Ocado lifted guidance on Tuesday, citing an improvement in the profitability of its warehouse technology business.

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