Edition:
United Kingdom

Marks and Spencer Group PLC (MKS.L)

MKS.L on London Stock Exchange

276.90GBp
11 Dec 2018
Change (% chg)

1.10 (+0.40%)
Prev Close
275.80
Open
275.50
Day's High
277.80
Day's Low
269.50
Volume
2,018,894
Avg. Vol
7,296,816
52-wk High
328.80
52-wk Low
262.00

Latest Key Developments (Source: Significant Developments)

Blackrock Raises Stake To 7.49 Pct From 5.58 Pct In Marks And Spencer Group
10:31am GMT 

Dec 11 (Reuters) - BlackRock Inc ::BLACKROCK INC RAISES STAKE TO 7.49 PERCENT FROM 5.58 PERCENT IN MARKS AND SPENCER GROUP PLC - FILING.  Full Article

M&S CEO confident firm "on the right track"
Tuesday, 6 Nov 2018 

Nov 7 (Reuters) - Marks & Spencer ::CEO SAYS CUSTOMER TRANSFER RATE FROM STORE CLOSURES "MARGINALLY AHEAD" OF WHERE THOUGHT IT WOULD BE AT START OF PROGRAMME.CEO SAYS COMPANY "LETTING CUSTOMERS DOWN" IN TERMS OF PRODUCT AVAILABILITY.CEO SAYS "HIGH STREET CONDITIONS ARE TOUGH", MARKET IS FLAT, CONSUMER BEHAVIOUR "VOLATILE".CEO SAYS FOOD SALES FIGURES "ARE DISAPPOINTING", REMOVING "PRETTY CONFUSING DEALS", LOWERING PRICES.CEO SAYS TEAM "IN GOOD SHAPE" FOR CHRISTMAS.CEO SAYS "CONFIDENT WE'RE ON THE RIGHT TRACK".CEO STEVE ROWE SAYS "VERY CLOSE" TO CHAIRMAN ARCHIE NORMAN, "WE GET ON VERY WELL".  Full Article

Marks & Spencer Names Jeremy Pee Chief Digital & Data Officer
Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - Marks and Spencer Group PLC ::MARKS & SPENCER APPOINTS NEW CHIEF DIGITAL & DATA OFFICER.JEREMY PEE HAS BEEN APPOINTED TO NEW ROLE OF CHIEF DIGITAL & DATA OFFICER.JEREMY WILL JOIN M&S ON 3RD DECEMBER AND LEAD BUSINESS STRATEGY TO TRANSFORM M&S' DIGITAL CAPABILITIES.  Full Article

Marks And Spencer, Octopus To Supply Energy And Services From September
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Marks and Spencer Group PLC ::CO, OCTOPUS ANNOUNCE A NEW STRATEGIC PARTNERSHIP TO SUPPLY ENERGY AND SERVICES UNDER M&S ENERGY BRAND FROM SEPTEMBER 2018.  Full Article

Marks and Spencer Group Says M&S Energy, SSE End Partnership
Thursday, 5 Jul 2018 

July 5 (Reuters) - Marks and Spencer Group PLC ::UPDATE ON M&S ENERGY AND SSE PARTNERSHIP.AFTER NINE YEARS, SSE AND M&S HAVE TAKEN DECISION TO END THEIR RELATIONSHIP.  Full Article

M&S CEO says need for change has become more urgent
Wednesday, 23 May 2018 

May 23 (Reuters) - Marks & Spencer Group ::CEO SAYS "IF ANYTHING THE NEED FOR CHANGE HAS BECOME MORE URGENT".CEO SAYS "THERE IS A LOT TO DO".CEO SAYS FRONT END OF M&S WEBSITE "NOT OPTIMISED", WEBSITE NEEDS TO BE MODERNISED.CEO SAYS WILL NEED MAJOR NEW UK DISTRIBUTION CENTRE IF ONE THIRD OF CLOTHING AND HOME BUSINESS MOVES ONLINE.CEO SAYS INTENDS TO MAINTAIN DIVIDEND AS COMPANY MOVES THROUGH TRANSFORMATION PLAN.CEO SAYS "CUSTOMER IS FAIRLY FRAGILE AT THE MOMENT".CEO SAYS "WE HAVE CLEARLY UNDERPERFORMED IN FOOD", NEED TO MAKE FOOD BUSINESS MORE RELEVANT TO BRITISH FAMILIES.  Full Article

Marks And Spencer Announces Closure Of Its Hardwick Distribution Centre
Tuesday, 17 Apr 2018 

April 17 (Reuters) - Marks And Spencer Group Plc ::HARDWICK DISTRIBUTION CENTRE (DC) ON HARDWICK GRANGE, NEAR WARRINGTON, WILL CLOSE.DHL HAS BEEN APPOINTED TO RUN NEW M&S SOUTH EAST DISTRIBUTION CENTRE AT WELHAM GREEN, HERTFORDSHIRE.IS IN PROCESS OF AUTOMATING ITS DC IN BRADFORD AND IT CAN NOW HANDLE MORE CAPACITY.HARDWICK DC WILL CEASE OPERATIONS IN SEPTEMBER AND WORK WILL TRANSFER TO OTHER SITES ACROSS M&S NETWORK.BOTH XPO AND DHL HAVE NOW ENTERED A PERIOD OF CONSULTATION WITH CIRCA 450 COLLEAGUES WHO WORK ON SITE.NEW SOUTH EAST DC AT WELHAM GREEN IS SET TO OPEN IN 2019 AND DHL WILL RECRUIT AROUND 500 COLLEAGUES TO WORK AT SITE.  Full Article

Capita Says ‍Marks & Spencer Extends Partnership With Capita
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Capita Plc ::‍MARKS & SPENCER EXTENDS CUSTOMER CONTACT PARTNERSHIP WITH CAPITA BY FIVE YEARS​.‍EXTENDED ITS DIGITAL CUSTOMER CONTACT PARTNERSHIP WITH CAPITA BY A FURTHER FIVE YEARS​.‍CAPITA WILL ALSO EXTEND ITS CUSTOMER SERVICES SUPPORT TO M&S'S INTERNATIONAL ONLINE BUSINESS IN MARKETS LIKE US, AUSTRALIA AND FRANCE​.  Full Article

Marks & Spencer Says Will Shut Operations At Neasden Distribution Centre
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Marks And Spencer Group Plc ::MARKS AND SPENCER-‍NEW 495,000 SQ FT CLOTHING & HOME DISTRIBUTION CENTRE TO OPEN IN WELHAM GREEN IN 2019.MARKS AND SPENCER GROUP PLC - ‍OPERATIONS AT NEASDEN DISTRIBUTION CENTRE TO TRANSFER TO OTHER SITES IN M&S NETWORK​.MARKS AND SPENCER - ‍M&S WILL CEASE OPERATIONS AT ITS NEASDEN, NORTH LONDON, DISTRIBUTION CENTRE AND TRANSFER WORK TO OTHER SITES IN M&S NETWORK​.MARKS AND SPENCER GROUP PLC - ‍BOTH XPO AND DHL HAVE NOW ENTERED INTO A PERIOD OF CONSULTATION WITH 380 COLLEAGUES WHO WORK ON SITE​.MARKS AND SPENCER - ‍SITE IN NEASDEN IS OPERATED BY THIRD-PARTY LOGISTICS SPECIALIST XPO LOGISTICS WITH TRANSPORT OPERATIONS AT SITE PROVIDED BY DHL.  Full Article

M&S CEO - UK consumer is "fragile"
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - M&S ::CEO SAYS PLEASED WITH CLOTHING PERFORMANCE IN NOV, DEC.CEO - "THE CONSUMER IS DEFINITELY HAVING A SQUEEZE ON THEIR SPENDING AT THE MOMENT".CEO - UK "CONSUMER IS QUITE FRAGILE, QUITE VOLATILE".  Full Article

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Former Sainsbury's boss Justin King to re-join M&S as non-exec director

LONDON Justin King, the former chief executive of British supermarket group Sainsbury's , has returned to the retail sector, re-joining Marks & Spencer as a non-executive director, the clothing and food retailer said on Tuesday.