Revival Success of M&S: Examining the Path to Sustained Growth
Wednesday, 22 May 2024, 16:46
M&S's Revival Success
The retail giant has achieved 12 consecutive quarters of sales growth, showing significant improvement in performance. Chief executive Stuart Machin emphasizes the positive momentum by stating there is 'wind in our sails'.
Areas Needing Attention
- International division faces challenges due to the focus on self-help programs at home.
- Joint venture with Ocado shows lively sales growth but struggles with bottom-line losses.
Overall, M&S's revival success is evident, but careful management is required to ensure continued growth.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.