Marks &amp; Spencer trims down board
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In a major management shake-up Marks &amp; Spencer have announced that three members of the board are to go, along with a number of senior executives.
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LONDON : Marks and Spencer has been overtaken as Britain&#39;s biggest clothing retailer by supermarket giant Asda, which is owned by the world&#39;s largest retail store Wal-Mart, industry figures showed.
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Marks &amp; Spencer has announced a shake-out of top management after revealing that trading conditions have worsened, but it has not issued a profit warning as investors had feared.
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Philip Green is targeting Marks &amp; Spencer customers with the first TV advertising from his Bhs chain in more than 10 years. Details of a Â£3m, multimedia campaign were unveiled yesterday as part of a Â£23m
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European stocks saw mixed fortunes in muted early trading as investors digested a batch of company news, including a management shake-up at Marks and Spencer.
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Marks and Spencer removes all houmous products from its stores after salmonella is found in two of them.
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THE REGION Procter &amp; Gamble Co. has eliminated 2,800 positions over the past fiscal year, with more than half coming from Gillette, as a result of P&amp;G's takeover of the Boston shaving firm. P&amp;G's $54 billion acquisition of Gillette is expected to result in an estimated 5,000 job cuts from the combined workforce of about 140,000. Already, Boston has lost ...
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The women's fashion retailer decides to ditch a failing high-end line.
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LONDON, Aug 22  - Marks and Spencer has been overtaken as Britain&#39;s biggest clothing retailer by supermarket giant Asda, which is owned by the world&#39;s largest retail store Wal-Mart, industry figures showed Sunday.
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Marks and Spencer announced the sale of its historic central London headquarters for 115 million pounds.
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Bad weather and interest rate hikes are hampering Marks & Spencer's recovery, according to reports.
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Chairman of the board retires and cashes out.
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MARKS &amp; Spencer has lost its much-coveted crown as the UKâs largest clothing retailer, to the supermarket chain Asda. Industry figures for the 12 weeks to 25 July show that Asda now has a leading 9.4 per
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The company is doing a little better in some ways -- but better enough to save the board?
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Marks &amp; Spencer today revealed a further dramatic fall in sales figures and then disappointed shareholders even further with its buyback offer.
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LONDON - The British department store chain Marks & Spencer is offering men a chance to enjoy Christmas shopping: sofas, soccer and "boys' toys." The "Men's Creche" has been installed in six big-city stores around the country, including London.
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ASDA has overtaken Marks &amp; Spencer as Britain&#39;s largest clothing retailer, underlining the decline of one of the most powerful brands on the High Street.