Company Updates

GROWING THE FAMILY: REFLECTING ON A FANTASTIC FIRST YEAR FOR OUR M&S FAMILY ALUMNI NETWORK! Last year, we launched our alumni network M&S Family to unlock the power of our alumni: to thank them for their past and pledge to keep them a part of our future, as part of our ongoing transformation. Twelve months on, Katie Bickerstaffe our Chief Operating Officer, reflects on the first year of the network.

ANYTHING BUT ORDINARY: M&S STEPS UP ITS SPRING STYLE AS CUSTOMERS LOOK FORWARD TO HOLIDAYS AND SPECIAL OCCASIONS. Today (Friday 1st April) M&S is launching a new advert to show off the style & trusted value of its Spring own-brand product offer for women, men, and kids – Anything but Ordinary, Spring Style.

M&S INVESTS IN THE SPORTS EDIT! M&S is announcing a new strategic investment in the fast-growing brand platform ‘The Sports Edit’.

GOOD THINGS HAPPEN EVERY TIME YOU SHOP: M&S EXPANDS SPARKS LOYALTY PROGRAMME INTO THE M&S CAFÉ WITH THE LAUNCH OF COFFEE REWARDS!

Today, Wednesday 16th February 2022, M&S has announced it is investing in its people and increasing its hourly rate of pay, with every store colleague across the UK set to earn at least £10 an hour, as part of a broader reward package.

We've announced a strong trading performance over the Christmas period, demonstrating our improvements to product and value. Our focus on everyday style helped Clothing & Home grow for the second successive quarter and our Food business continues to outperform the market. M&S customers are coming to us for more of their everyday shopping, leading to larger basket sizes and making us the fastest growing major store-based Food retailer in the period. Our CEO, Steve Rowe, said: "The market continues to be impacted by the headwinds and tailwinds that we reported in the first half, but I remain encouraged that our transformation plan is now driving improved performance.”

We’re teaming up with Costa Coffee on an exciting new collaboration – Costa Coffee Now Serving M&S Food. Launching next year, customers will be able to buy over 30 delicious M&S Food products, including new lunch options, hot meal boxes and children’s food, at 2,500 Costa Coffee stores across the UK and Driv-Thru lanes. We’re excited to expand our much-loved food range in more locations and give many more customers the chance to enjoy our delicious food-on-the-go.

HALF YEAR RESULTS FOR 26 WEEKS ENDED 2 OCTOBER 2021 “TRANSFORMATION AND COVID BOUNCE BACK DRIVES STRONG PERFORMANCE” The impact of Covid in 2020/21 renders comparisons to the prior year less meaningful. To aid understanding, throughout this document we are showing the 26 weeks to 28 September 2019 as the comparative period for commentary and percentage changes. Read the full press release via the link below.

This week we held our second digital AGM chaired by Archie Norman, Chairman, joined by Steve Rowe, CEO, Eoin Tonge, Chief Financial Officer, and Nick Folland, General Counsel. Kamal Ahmed joined them as Shareholder Advocate to put the shareholders questions to the Board. Watch the full replay via the link below.

We are serious about Data. And our people. This #learningatworkweek find out how we are accelerating the growth of data literacy throughout all our teams, enabling every colleague to understand data and the part it plays in decision making: