Home › Tough road ahead for Marks & Spencer amid restructuring
 

Keywords :   


Tough road ahead for Marks & Spencer amid restructuring

2020-08-18 14:40:00| Daily apparel & textile news and comment - from just-style.com

Following on from the 950 job cuts it announced just last month, Marks & Spencer has revealed today (18 August) it will make a further 7,000 as it once again attempts to transform the business. The news pushed the retailer's share price down over 2% this morning to 111.20 pence. Analysts believe the decision by M&S was a necessary one but that the retailer now has a tough road ahead to catch up with its rivals.

Tags: road ahead marks tough

Category:Consumer Goods and Services

Latest from this category

All news
17.12The Oscars to leave ABC and stream on YouTube starting in 2029
17.12Morrisons faces 17m bill over hot chicken row
17.12Six-month wait for driving tests set to last until 2027
17.12Pay freeze for Father Christmas but elves fare better
17.12Why this month's inflation figure may be good news for you
17.12Why this month's inflation figure may be good news for you
17.12Starmer tells Abramovich to 'pay up now' or face court
17.12Weight-loss jab ads banned for exploiting body insecurities
Consumer Goods and Services »
17.12The Oscars to leave ABC and stream on YouTube starting in 2029
17.12Making methane genetics work for cattle producers
17.12Capital expenditures in the U.S. pork industry
17.12Spain intensifies efforts as African swine fever cases rise to 26
17.12Morrisons faces 17m bill over hot chicken row
17.12Six-month wait for driving tests set to last until 2027
17.12Pay freeze for Father Christmas but elves fare better
17.12Scientists study wild pig immunity in quest for ASF vaccine
More »