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The departmentstore retailer saw UK sales surge to £3.6bn in the 13 weeks to 30 December, driven by market-leading growth in food and a strong performance in womenswear. It added that its “ Remarksable Value ” offer also performed strongly, with sales surging 18% over the golden quarter. to £2.3bn, up 9.9%
This transition, coupled with the ongoing impact of the global pandemic, has necessitated a re-evaluation of strategies and approaches for businesses seeking to thrive in this evolving market. The convenience, variety, and valueoffered by online platforms presents a compelling proposition for consumers.
Marquee Retail Group, the parent company of Colette by Colette Hayman (CBCH) and The Daily Edited (TDE), is aiming to expand its market share through acquisitions and expansions. We’ve tried to be smart with our forward buying, we’ve [put] a lid on costs, and are making sure that we’re promoting a valueoffer.
This time around the departmentstore is using AI to help it match its prices to those at 25 retailers, including M&S, Next, Boots and AO.com. According to Kantar, the upmarket grocer gained market share for the first time in over two years in July, as it nudged up 0.1 “We expected it to be positive.
The company plans to further invest in its digital infrastructure and explore new market opportunities. It aims to continue its expansion into the convenience food sector and strengthen its position in the clothing market with innovative and fashionable product offerings. M&S also announced a dividend of 9.8
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