Wird geladen...

Marks & Spencer To Close 67 Stores While Opening 104 Food Stores Over Next 5 Years

RTTNews | vor 626 Tagen

Marks & Spencer To Close 67 Stores While Opening 104 Food Stores Over Next 5 Years

(RTTNews) - Marks & Spencer Group Plc (MAKSY.PK, MAKSF.PK, MKS.L) said Wednesday it will invest 200 million British pounds across the C&H and Food divisions over the next few years while reshaping for growth and value creation, according to an investor presentation made by Chief Executive Stuart Machin and Co-Chief Executive Katie Bickerstaffe.

The company is also looking to build towards about 400 million pounds in underlying cost savings from overheads.

The retailer will close 67 lower productivity full line stores, while opening 104 more high productivity, high quality Food space over the next five years, but aiming for three years.

The company is also looking to more than double international operating profit by fiscal 2028, with India revenue CAGR target of 20% and strengthening markets in Indonesia, Middle East and Asia.

Tags: MAKSF.PK MKS.L MAKSY.PK

read more

M&S Stock Up On Higher FY24 Results, Dividend, Outlook

M&S Stock Up On Higher FY24 Results, Dividend, Outlook

Shares of Marks and Spencer Group Plc or M&S were gaining more than 7 percent in the morning trading in London after the retail major reported Wednesday significantly higher profit and sales in its fiscal 2024. The company also announced a dividend, and said it is confident to make further progress in 2025 and beyond.

RTTNews | vor 38 Tagen

Marks And Spencer Appoints Jeremy Townsend As Interim CFO

Marks And Spencer Appoints Jeremy Townsend As Interim CFO

Marks and Spencer Group Plc (MAKSY.PK, MAKSF.PK, MKS.L) announced Friday that Jeremy Townsend is joining the business as Interim Chief Financial Officer. Jeremy joins on Monday, on November 22, and will report to Chief Executive Officer Stuart Machin.

RTTNews | vor 589 Tagen

U.S. Dollar Little Changed Following Inflation Data

U.S. Dollar Little Changed Following Inflation Data

The value of the U.S. dollar is little changed on Friday following the release of closely watched inflation data that came in line with economist estimates.

RTTNews | vor 1 Tagen

Euro Advances Against Majors

Euro Advances Against Majors

The euro appreciated against its major counterparts in the New York session on Friday.

RTTNews | vor 1 Tagen

Swiss Market Ends Slightly Weak

Swiss Market Ends Slightly Weak

Despite spending much of the day's trading session in positive territory, the Switzerland market ended marginally down on Friday with a few key stocks turning weak past mid afternoon. Investors digested inflation data from the European region, and a report on U.S. personal consumption expenditure.

RTTNews | vor 1 Tagen

European Stocks Close Weak After Key U.S., European Economic Data

European Stocks Close Weak After Key U.S., European Economic Data

European stocks closed weak on Friday amid political uncertainty ahead of France's upcoming parliamentary elections. Investors also digested inflation data from France and U.K., and a report on U.S. personal consumption expenditure.

RTTNews | vor 1 Tagen

Canadian Stocks Turning In Mixed Performance

Canadian Stocks Turning In Mixed Performance

Canadian stocks are turning in a mixed performance on Friday with investors digesting the nation's GDP data, and the Personal Consumption Expenditure report from the U.S.

RTTNews | vor 1 Tagen

U.S. Dollar Slides After PCE Inflation Data

U.S. Dollar Slides After PCE Inflation Data

The U.S. dollar declined against its major counterparts in the New York session on Friday, as PCE inflation data came in line with economist estimates in May.

RTTNews | vor 1 Tagen

Geschäftsbedingungen | Datenschutz | Sitemap | Site Map Calendar

© 2024 Myfxbook Ltd. Alle Rechte vorbehalten.

WARNUNG VOR HOHEM RISIKO: Der Devisenhandel birgt ein hohes Risiko, das möglicherweise nicht für alle Anleger geeignet ist. Der Einsatz von Leverage schafft zusätzliches Risiko und Verlustgefahr. Bevor Sie sich für den Devisenhandel entscheiden, sollten Sie Ihre Anlageziele, Ihr Erfahrungsniveau und Ihre Risikotoleranz sorgfältig prüfen. Sie könnten Ihre ursprüngliche Investition teilweise oder ganz verlieren. Investieren Sie kein Geld, das Sie sich nicht leisten können, zu verlieren. Informieren Sie sich über die mit dem Devisenhandel verbundenen Risiken und lassen Sie sich von einem unabhängigen Finanz- oder Steuerberater beraten, wenn Sie Fragen haben. Alle Daten und Informationen werden ausschließlich zu Informationszwecken bereitgestellt und sind nicht für Handelszwecke oder Beratung gedacht. Die vergangene Performance ist kein Indikator für zukünftige Ergebnisse.