Department Stores Returns Value Offer 
Retail Gazette
MARCH 14, 2024
Despite only just returning to the black, Kankiwala says the partnership is “absolutely on target” to increase its profits tenfold to £400m by 2027/28. Sister chain John Lewis will also be receiving new store fits in some of its locations. We’ve secured the funding we need for the four years of the plan.
Wiser
SEPTEMBER 18, 2023
The convenience, variety, and value offered by online platforms presents a compelling proposition for consumers. Furthermore, the COVID-19 pandemic has played a significant role in this shift, with safety concerns prompting many to avoid crowded department stores.
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Retail Gazette
SEPTEMBER 12, 2024
This time around the department store is using AI to help it match its prices to those at 25 retailers, including M&S, Next, Boots and AO.com. 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.
365 Retail
MAY 22, 2024
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. This marks a return to dividend payments after a suspension due to the pandemic, signalling a positive outlook for shareholders. M&S also announced a dividend of 9.8
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