Marc Bolland (below) will have been at Marks & Spencer for six years when he exits later this year and the question doing the rounds is: “did he fall or was he pushed?” With more bad news on the non-food ...
Read More »M&S boss Bolland quits after Xmas sales disaster
It’s always a surprise when the CEO of a big company leaves unexpectedly but Marks & Spencer Boss Marc Bolland (below) has been supping in the last chance saloon for a while now. Turnaround is always just around the corner, ...
Read More »CEO Philips walks the plank at struggling Morrisons
The New Year always brings pain for some retailers – they have to pay the next quarter’s rent in advance and bad Christmas trading means they often can’t – but this year it’s looking a bit more personal. Morrisons, currently ...
Read More »Light in the tunnel for Dave Lewis at Tesco but still more gloom for Marc Bolland at M&S
So far so good for new Tesco CEO Dave Lewis. ‘Drastic Dave’ was true to form today, announcing the closure of Tesco’s cramped and scruffy Cheshunt HQ in favour of the sunlit uplands of Welwyn Garden City and 43 non-performing ...
Read More »M&S blames website for another poor sales quarter
It’s not very often that someone in charge of something which has depressed sales and profits gets promoted to the top job but that’s what has just happened at Marks & Spencer. Laura Wade-Gery (left), who joined a year or ...
Read More »M&S, Helena and Rosie sparkle for Christmas
Well here we are then – Marks & Sparkle. Heard CEO Marc Bolland on the radio the other day defending M&S’s less than sparkling non-food performance and, indeed, it’s possible that the embattled retailer is finally turning round its womenswear ...
Read More »Is this year’s Christmas campaign the last chance saloon for Marks & Spencer boss Marc Bolland?
M&S issued a press release on October 30 announcing its ‘widely anticipated’ Christmas TV campaign; today it gets its ‘consumer premier’ on the M&S website and social media channels ahead of the big reveal in the centre break of Coronation ...
Read More »Steve Sharp’s exit from M&S fires the starting gun on UK adland’s next big pitch
Before Steve Sharp (left) joined Marks & Spencer as marketing director in 2004 – as part of Stuart Rose’s management team hired to fend off a takeover bid from Philip Green – M&S barely used to advertise. It had hired, ...
Read More »Why the time to worry in business is when your research says you’re doing everything right
With all of the worrying news on the UK retail scene (Comet, Jessops, now HMV) it makes me wonder to what extent management of these companies genuinely listen to what the great unwashed actually think. I fully understand the energy ...
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