News

Marks & Spencer has joined retailers trying to lure shoppers on to the high street before Christmas with plans for a flash sale across its stores tomorrow.

Business Diary: 10/04/2010

The retailer hoping to be his lordship?

Scientists say Tory 'lack of vision' will damage economy

Letter to <i>The Independent</i> reveals concerns about Conservative policy

M&amp;S staff share &pound;80m bonus as sales surge

Retailer Marks & Spencer said today it had shared out an £80 million bonus pool between staff as it revealed a better-than-expected 5.1% surge in fourth quarter sales.

M&S expected to post an upturn for fourth quarter

Comments by Sir Stuart Rose on outlook for sector will be closely watched

Rose to leave M&S early and take July pay cut

Sir Stuart Rose is to leave Marks & Spencer by March next year and will take a pay cut of a quarter when he becomes non-executive chairman at the end of July.

M&amp;S chairman Sir Stuart Rose agrees to 25% pay cut

Marks & Spencer bowed to pressure from investors today after chairman Sir Stuart Rose agreed to a 25 per cent pay cut for his final months with the high street giant.

M&S's Rose could go early, as he defends &#163;15m Bolland

Sir Stuart Rose hinted yesterday that he may step down early from the chairman's role at Mark's & Spencer, as he launched a robust defence of the £15m that the incoming chief executive, Marc Bolland, could pocket in his first year.

New M&S boss Bolland to collect &#163;15m 'golden hello'

Executive credited with turning around Morrisons starts new job in May

Derek Pain: Booker's books are full of eastern promise

No Pain, No Gain

M&amp;S chief warns of 'tougher' year ahead

Marks & Spencer today warned of tough times ahead for shoppers in 2010 despite the retailer's first like-for-like sales growth in more than two years.

Business Diary: Clegg ventures into enemy territory

To the CBI shindig, where Britain's political leaders staged their own X Factor contest yesterday. Lib Dem leader Nick Clegg faced more wrath from the business world's Simon Cowells than his rivals, though give him credit for having the guts to tell some of Britain's wealthiest people that he favours new taxes on wealth. One somehow feels the delegate who told Mr Clegg that Gordon Brown had showed more vision for business wasn't being kind to either of them.

Bolland: I could not pass up chance to become M&S boss

Marc Bolland said he could not turn down the opportunity to become Marks & Spencer's chief executive yesterday, as he unveiled a sharp slowdown in Morrisons' third-quarter sales.

M&S shareholders cheer Bolland appointment coup

Morrisons faces tough task to find replacement

Supermarkets wind up for a competitive Christmas

By Greg Walton

James Moore: We are right, says Next, and anon is wrong

Outlook: Next and M&S might have reported better-than-expected sales figures yesterday but, of course, the focus on planet retail is not so much on the numbers themselves but on how they are put together.

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