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Marks & Spencer news and archive

Retail

Marks & Spencer ramps up store rotation programme, 16 new locations to open

Department store giant Marks & Spencer is accelerating its ongoing store rotation and renewal programme with a 300 million pound investment to be made over the course of the current financial year. The funding will go into 16 new locations, the extension of nine existing stores and the renewal of 12 others, all of which will house the retailer’s...

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Business

M&S expects 300 million pounds profit reduction due to cyber attack

Marks & Spencer (M&S) has concluded the 52 weeks ended March 29, 2025, by achieving its third consecutive year of growth across sales, market share, profit, and return on capital. M&S's sales rose by 6.1 percent to 13.9 billion pounds and pre-tax profit increased by 22.2 percent to 875.5 million pounds, representing the highest figure in over 15...

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