Ocado narrows first half loss and raises guidance Britain's Ocado has today lifted its annual guidance, citing an improvement in the profitability of its warehouse technology business, reassuring investors and sending its shares … Business • 16 Jul
M&S 'not unhappy' with Ocado Retail, says chairman Retailer Marks & Spencer is "not unhappy" with the current performance of Ocado Retail, its online supermarket joint venture with Ocado Group, M&S chairman Archie … Business • 03 Jul
Dairy Concepts wins new contract with Marks & Spencer Dairy Concepts, headquartered at the Moorepark dairy research and development campus in Fermoy in Co Cork, has secured a significant international contract with Marks & … Business • 26 Jun
M&S annual profit soars 58% on turnaround strategy British retailer Marks & Spencer has today reported a 58% rise in annual profit, ahead of market expectations, as its strategy to re-shape the business … Business • 22 May
Dublin-based Milish Bakery secures M&S muffin deal Dublin-based family-owned Milish Bakery has secured a multi-million deal with retailer Marks & Spencer to supply its muffins to 640 M&S stores throughout the UK … Business • 22 Apr
Ocado Retail's quarterly sales rise by 10.6% British online supermarket Ocado Retail has today kept its guidance for the year as it reported a 10.6% increase in first-quarter revenue reflecting growth in … Business • 26 Mar
Irish arm of M&S pays out €100m dividend in 2023 The Irish arm of retailer, Marks & Spencer last year paid out a €100m dividend as the business's underlying profits increased by 31%. Business • 01 Mar
Marks & Spencer to raise UK store workers' pay by 10% UK clothing and food retailer Marks & Spencer said today it would give around 40,000 store workers a 10.1% pay increase from April 1, a … Business • 27 Feb
Ocado Retail posts a return to positive earnings British online supermarket Ocado Retail said today it would return to positive earnings for the 2022/23 year after revenue growth accelerated in its fourth quarter … Business • 16 Jan
M&S beats forecasts with 8.1% rise in Christmas sales Marks & Spencer has today reported a better-than-expected 8.1% rise in like-for-like sales over the Christmas trading period, driven by market-leading growth in food and … Business • 11 Jan
Marks & Spencer targets more regular food shoppers A Christmas trip to the food aisles of Marks & Spencer is as much a treat as presents under the tree, with millions of shoppers … Business • 19 Dec 23
Applegreen & M&S to expand partnership to 60 outlets Fuel and forecourt retailer Applegreen and retail chain M&S have signed a deal to open up to 60 new M&S Food locations at Applegreen outlets … Business • 04 Dec 23
M&S beats expectations for first-half profit Marks & Spencer said it expects full-year profit to leap more than 30% after an overhaul of its food, fashion and supply chain helped the … Business • 08 Nov 23
M&S to hire 10,000 staff in the UK for Christmas season British clothing and food retailer Marks & Spencer said today it plans to recruit 10,000 temporary workers for the Christmas season, a more than 40% … Business • 16 Oct 23
Ocado Retail returns to growth in number of items sold Ocado Retail returned to growth in the number of items sold for the first time since the Covid-19 pandemic in the last month of its … Business • 19 Sep 23
Marks & Spencer to rejoin London's FTSE 100 index Marks & Spencer will rejoin Britain's FTSE 100 stock index today after a four-year hiatus, capping a return to fashion for the food and clothing … Business • 31 Aug 23
M&S, Dechra, Hikma and Diploma set to join FTSE 100 Drugmakers Dechra and Hikma, along with retailer Marks & Spencer and technical products provider Diploma are set to join the UK's blue-chip FTSE 100 index … Business • 23 Aug 23
M&S raises profit outlook after strong trading British retailer Marks & Spencer has today raised its profit outlook, saying it was continuing to win market share in its clothing, home and food … Business • 15 Aug 23
M&S and Applegreen to trial Click & Collect service Marks & Spencer and Applegreen are to pilot a new M&S Click & Collect service in four Applegreen stores in the first such roadside service … Business • 05 Jul 23
M&S expects 'modest' revenue growth in 2023/24 Clothing and food retailer Marks & Spencer has today forecast "modest" growth in revenue in its new financial year after 2022-23 profit beat expectations. Business • 24 May 23
Ocado Retail to shut its Hatfield fulfilment centre British online supermarket Ocado Retail, a joint venture between Ocado Group and Marks & Spencer, said it will stop operations at its Hatfield customer fulfilment … Business • 25 Apr 23
Ocado Retail keeps profit guidance after sales rise 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 … Business • 28 Mar 23
Ocado's losses swell to more than £500m Ocado Group, the British online supermarket and technology group, has today reported a worse-than-expected full-year loss, partly reflecting profits being wiped out at its retail … Business • 28 Feb 23
Ocado Retail customers buying less per order British online supermarket Ocado Retail said its customers purchased fewer items per order in the run-up to Christmas in response to the cost-of-living crisis. Business • 17 Jan 23
M&S to open 20 new stores in 2023-24 in the UK 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 … Business • 16 Jan 23
