Marks and Spencer Group PLC (MKS.L)
24 Oct 2014
|Market Cap (Mil.):||£6,772.67|
|Shares Outstanding (Mil.):||1,635.12|
LONDON - British retailer Marks & Spencer is close to having both its food and general merchandise divisions "firing on all cylinders" and expects a better Christmas after poor clothing sales hit last holiday season, according to its food business head.
* Shares up 2.4 pct (Adds detail, CEO, analyst comment, shares)
LONDON, July 28 - Tesco's new chief financial officer, Alan Stewart, will start work at Britain's biggest retailer on Dec. 1, the firm said on Monday.
* Marks and Spencer Group Plc confirms that Alan Stewart's employment as chief finance officer will formally terminate following a period of garden leave by 1 December 2014
LONDON, July 25 - Britain's Marks & Spencer has recruited Tesco's Carl Dawson to be its new IT director, in the latest transfer of executive talent between two of Britain's biggest retailers.
LONDON, July 23 - Tesco, Britain's biggest retailer, has removed a photo on its corporate website of Alan Stewart, its newly appointed chief financial officer (CFO), after rival Marks & Spencer (M&S) complained he was technically still its employee.
* Tesco says M&S CFO Alan Stewart to join firm in same role
LONDON, July 10 - Tesco, Britain's biggest retailer, is close to naming Marks & Spencer 's Chief Financial Officer Alan Stewart as its new finance director, according to a source familiar with the situation.
LONDON - Marks & Spencer's army of small shareholders warned Chief Executive Marc Bolland they were running out of patience on Tuesday after the British retailer reported its 12th consecutive drop in quarterly general merchandise sales.
* Clothing lfl sales down 0.6 pct, womenswear "up slightly"
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