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Marks & Spencer Reports Strong Full-Year Results for 2024

365 Retail

Adjusted operating profit was recorded at £504 million, reflecting the company’s successful cost management and efficiency initiatives. Machin stated, “Our commitment to delivering high-quality products and exceptional customer service has been instrumental in achieving these results.” billion, a 9.9%

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As John Lewis Partnership promises ‘significantly higher’ profits, why is it feeling so positive?

Retail Gazette

It spent £39m on price cuts in the half to bolster its value offer and win back the customers it lost as shoppers sought cheaper groceries elsewhere amid the cost-of-living crisis. The lower prices were also joined by an enhanced product range, such as new partnerships with Ottolenghi and food health company Zoe.