Marks & Spencer

No Changes To Copycat Private-Label Strategy, Says Aldi UK CEO

Aldi UK’s CEO, Giles Hurley, has said that the retailer will continue to "benchmark" leading brands in the development of its private-label...

Primark's UK Workers To Get 12% Pay Rise

Primark's 26,000 retail assistants in Britain are to get an inflation-beating average pay rise of 12% from 1 April, the fashion retailer has said...

Ocado Says Kroger Committed To Build More Warehouses Despite Roll-Out Slowdown

US supermarket group Kroger is committed to building more automated warehouses in partnership with British online grocer and technology group Ocado, despit...

Ocado Retail Keeps Profit Guidance After Quarterly Sales Rise

British online supermarket Ocado Retail kept its financial guidance for the full year as it reported a 3.4% rise in first quarter revenue, driven by more c...

Marks & Spencer To Invest £57m In Raising Wages Of Store Workers

UK retailer Marks & Spencer has announced plans to invest £57 million in raising the hourly wages of store workers, effective 1 April 2023.

Ocado's Losses Hit €570m, CEO Says 'More Confidence In Model Than Ever Before'

Ocado Group OCDO.L, the British online supermarket and technology group, plunged to a worse than expected full-year loss as it took a big accounting charge...

Ocado Retail Reports 'Strong Momentum' Going Into New Year

Online retailer Ocado Retail has reported an increase in fourth quarter sales, as well as a 'record' Christmas period that provides 'strong momentum' as it...

Britain's M&S To Invest £480m In Store Estate

British clothing and food retailer Marks & Spencer plans to open 20 new, bigger stores in its 2023-24 year as part of a radical overhaul of its store e...