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CEO Steve Rowe said that while M&S had enjoyed record food sales last year, its profit margins were dented by high levels of waste

Marks & Spencer to tackle food waste this Christmas

Marks & Spencer, seeking to avoid a repeat of last Christmas when its performance was ruined by excessive food waste, is rolling out a supply chain programme it says will crack the problem.

Business • 12 Oct 20

Ocado Retail is a joint venture between Ocado Group and Marks & Spencer

Ocado sees retail sales soar 52% in latest quarter

Ocado Group, the UK online supermarket and technology group, said today that Ocado Retail's revenue rose 52% in the 13 weeks to August 30, with the coronavirus pandemic generating huge demand for online deliveries.

Business • 15 Sep 20

M&S's joint venture partner Ocado reckons oneline grocery shopping could reach 30% over the next few years

M&S to tap into food delivery boom to halt decline

Marks & Spencer will make the first deliveries through its new online food shopping joint venture in the UK on Tuesday.

Business • 28 Aug 20

Marks & Spencer said it was seeing a 'material shift in trade

Marks & Spencer to cut 7,000 jobs across UK operations

Marks & Spencer said it will cut a further 7,000 jobs as the Covid-19 crisis deals another blow to Britain's beleaguered retail sector.

Business • 18 Aug 20

M&S said it made a pre-tax profit before one-off items of £403m in its financial year to March 28, down from £512m the previous year

M&S to accelerate change as profit falls 21%

UK retailer Marks & Spencer said it would accelerate its latest turnaround programme as it dealt with the fallout from the coronavirus crisis and a 21% fall in annual profit.

Business • 20 May 20

M&S said it will donate 10% of the customer purchase price, excluding VAT sales tax, of all sale items to NHS Charities Together

M&S ties up with UK's health service for clothing sale

TMarks & Spencer has launched a clothing sale to help clear stock built up in the coronavirus lockdown, tapping into widespread public support for health workers by giving some proceeds to NHS charities in the UK.

Business • 14 May 20

Ocado has suspended its retail revenue guidance for 2020 until it could accurately forecast likely outcomes

Online supermarket Ocado's revenue soars 40%

UK online supermarket and technology company Ocado said its retail revenue soared 40.4% year-on-year in its second quarter so far as shoppers in coronavirus lockdowns sought deliveries to avoid venturing out.

Business • 06 May 20

M&S has accessed a UK government coronavirus corporate finance scheme

M&S strengthens liquidity to cope with Covid-19 impact

Retailer Marks & Spencer said it had taken steps to secure more liquidity to help it cope with the downturn caused by the coronavirus pandemic, and it had significant facilities available to it for 18 months.

Business • 28 Apr 20

M&S has reassured that the post-crisis future of the business was strong

M&S warns of 'severe impact' from coronavirus

Marks & Spencer has today warned that trading over the next nine to 12 months in its clothing, homewares and international businesses was likely to be "severely impacted" by the coronavirus pandemic.

Business • 20 Mar 20

A fire destroyed Ocado's high-tech flagship warehouse in Andover last year

Ocado counts cost of fire at UK flagship warehouse

UK online supermarket and technology group Ocado today reported a ballooning annual pretax loss and a 27% fall in core earnings.

Business • 11 Feb 20

Marks and Spencer has appointed outgoing Greencore CFO Eoin Tonge as its new chief financial officer

Marks & Spencer appoints Greencore's Tonge as new CFO

UK retailer Marks and Spencer has appointed Eoin Tonge as its new chief financial officer, taking over from interim CFO David Surdeau in June.

Business • 11 Feb 20

M&S said its overall like-for-like sales rose 0.2% in the 13 weeks to December 28

Marks & Spencer Christmas sales edge higher

UK retailer Marks & Spencer said its performance over the key Christmas quarter was held back by waste in its food business and weak sales of menswear and gifts, sending its shares sharply lower.

Business • 09 Jan 20

Ocado Retail's revenue rose 10.8% to £429.1m in its fiscal fourth quarter

Ocado sees sales growth edge lower in latest quarter

British online supermarket Ocado said today that its retail revenue growth slightly slowed in its latest quarter, as it saw growth in weekly orders but it was held back by flat order size.

Business • 12 Dec 19

Shares in the 135-year-old M&S have fallen 36% over the last year

M&S profit down 17% on weak clothing sales

Marks & Spencer today reported a 17% drop in first-half profit, dragged down by falling clothing sales.

Business • 06 Nov 19

Ocado Retail's revenue rose 11.4% to £386.3m in its fiscal third quarter

UK's Ocado sees retail sales growth accelerate

UK online supermarket and technology company Ocado has today reported an acceleration in retail sales growth in its latest quarter, helped by additional capacity from its fourth automated warehouse.

Business • 17 Sep 19

Up until yesterday, M&S had been a member of the FTSE 100 since the index was launched in 1984

'Lost' Marks & Spencer kicked off FTSE 100

It is the end of an era for Marks & Spencer after the company was relegated from London's FTSE 100 index last night.

Business • 05 Sep 19

M&S shares have been part of the FTSE 100 since it started in 1984

M&S slips on FTSE 100 eviction expectations

Marks & Spencer shares fell today on expectations the 135-year old retailer will be relegated from London's FTSE 100 blue-chip stock market for the first time and a "sell" rating from Goldman Sachs.

Business • 02 Sep 19

M&S said its like-for-like sales at its food halls fell 2.3%

Marks & Spencer's annual pre-tax profits drop by 10%

Marks & Spencer today reported a 10% fall in full-year profit, a third decline in a row, showing the pain of its latest attempt at a multi-year turnaround.

Business • 22 May 19

Before the fire, Ocado's Andover site in England was providing about 10% of the firm's UK capacity

Ocado shares rise after company plays down fire impact

British online supermarket Ocado has played down the impact of a fire which devastated its flagship distribution centre in England, saying the blaze did not affect its long-term plans.

Business • 19 Mar 19

M&S is to buy a 50% share of Ocado's UK retail business for up to £750m

M&S pays £750m to seal Ocado online food tie-up deal

British retailer Marks & Spencer has agreed a joint venture with online supermarket pioneer Ocado that would give M&S a full online food delivery service for the first time, the companies said today.

Business • 27 Feb 19

Marks & Spencer has been struggling to cope in recent years with the rise of fast fashion, discounters and online shopping

M&S in tie-up talks with Ocado to take its food online

Marks & Spencer is in talks with Ocado to form a joint venture that would give M&S a full online food delivery service for the first time, sending shares in both companies surging today.

Business • 26 Feb 19

Ocado provides third parties with the infrastructure and software to develop their own online grocery businesses

Ocado says partnerships to hit profits short term

UK online supermarket Ocado said today that investment in its partnership deals would hit short-term profits, while remaining tight-lipped about media reports of tie-up talks with Marks & Spencer.

Business • 05 Feb 19

Weekend reports said tha talks between M&S and Ocado executives have been conducted over the past few weeks

M&S, Ocado shares rise on report of food delivery deal

Shares in British retailer Marks & Spencer and online supermarket rose sharply today on the back of a Sunday newspaper report that they are in talks on the launch of an M&S food delivery service.

Business • 28 Jan 19

The British retailer has released a list of 17 stores proposed for closure, in a move which will affect 1,045 employees

Over 1,000 jobs at risk as M&S announces store closures

More than 1,000 jobs at Marks & Spencer are at risk as the retailer announced its latest round of store closures as part of a drastic transformation plan.

Business • 15 Jan 19

M&S said that overall trading in its third quarter was 'steady with some early encouraging signs'

M&S's clothing and food sales fall in Christmas quarter

Marks & Spencer suffered another quarter of falling underlying sales in both clothing and food, underscoring its long and uncertain road to recovery.

Business • 10 Jan 19

Marks Spencer